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Condo Foreclosures in Parma, ID

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Parma, ID Foreclosures

Current Market Conditions in in Parma, ID As of March 2026?
Over the past month, Parma's real estate market has experienced a slight uptick in home prices, driven by increased buyer interest during the late summer season. Listings are receiving offers more quickly, reflecting a competitive market where homes are selling in less time than before. Real estate agents have noted an increase in inquiries, indicating a healthy interest in both residential and rental properties as families seek to settle in this quiet community.
How much do homes sell for in Parma, ID?
The average home price is currently $535,139.
What’s the average rental cost in Parma, ID?
The average rental price in Parma is $1,181.
What is the most expensive home in Parma?
The most expensive home sold in Parma had a price of $22,058,800.
What is currently the cheapest priced home in Parma, ID?
The cheapest home for sale in Parma is priced at $20,120.

Living in Parma, ID

Parma, Idaho is a charming small town with a rich agricultural background. It offers a welcoming community atmosphere and a variety of outdoor activities, making it ideal for families and nature enthusiasts. The nearby parks and local events enhance the small-town charm, while larger city amenities are just a short drive away.

Buyer vs Seller Market in Parma, ID

The real estate market in Parma has shown promising signs of growth over the past year. With its affordable housing prices, it has attracted many first-time homebuyers and investors looking for rental properties. The demand for homes has steadily increased as more people discover the quality of life that Parma offers, leading to a competitive bidding environment for desirable properties.

Despite the national trends in home prices, Parma has maintained a stable market with homes appreciating at a modest rate. The population growth and the influx of new residents seeking affordable housing options are contributing factors to the ongoing interest in real estate opportunities in the area.

Home Value Estimator For Parma, ID

There are currently 2,567 real estate properties in Parma, ID, with a median automated valuation model (AVM) price of $412,857.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Parma, ID, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Parma, ID, is $535,139.00, with the most expensive house in Parma, ID, topping out at $22,058,800.00 and the cheapest home in Parma, ID, clocking in at $20,120.00. In other words, there’s something for every potential homebuyer or savvy investor in Parma, ID!

Rent Prices In Parma, ID

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Parma, ID, is on a rollercoaster ride. The average rent price in Parma, ID, is $1,181.00. Indeed, when looking to rent in Parma, ID, you can expect to pay as little as $570.00 or as much as $2,520.00, with the average rent median estimated to be $1,120.00. The good news is that finding an affordable and desirable property to rent in Parma, ID -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Parma, ID Condos


Market Trend for Parma, ID

Total Listings Available: 0

Market Values:

Home Prices from $20,120 to $22,058,800

Average Sales Price: $535,139

Rental Values:

Rental from $570 to $2,520

Average Rent Value: $1,181 / month

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