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Land Foreclosures in Parma, MI 49269

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Parma, MI Foreclosures

Current Market Conditions in in Parma, MI As of April 2026?
Over the past month, Parma has seen a minor uptick in home sales, suggesting a growing interest among potential buyers. While the overall inventory remains balanced, certain neighborhoods have observed a slight increase in home prices, aligning with seasonal trends as summer comes to an end. The market is currently favorable for sellers, yet buyers still have ample choices.
How much do homes sell for in Parma, MI?
The average home price is currently $248,589.
What’s the average rental cost in Parma, MI?
The average rental price in Parma is $1,179.
What is the most expensive home in Parma?
The most expensive home sold in Parma had a price of $2,464,500.
What is currently the cheapest priced home in Parma, MI?
The cheapest home for sale in Parma is priced at $10,585.

Living in Parma, MI

Parma, MI, is a charming village with a strong community spirit, offering residents a peaceful lifestyle surrounded by nature. With local parks, shops, and friendly neighbors, it's an ideal place for those seeking a slower pace of life away from the hustle and bustle of larger cities.

Buyer vs Seller Market in Parma, MI

The real estate market in Parma has remained steady, with a balanced supply of homes for sale meeting buyer demand. Home prices have been relatively stable, and there has been a positive interest in properties due to the village's friendly community and outdoor lifestyle.

Home Value Estimator For Parma, MI

There are currently 2,419 real estate properties in Parma, MI, with a median automated valuation model (AVM) price of $227,313.00. 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, MI, 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, MI, is $248,589.00, with the most expensive house in Parma, MI, topping out at $2,464,500.00 and the cheapest home in Parma, MI, clocking in at $10,585.00. In other words, there’s something for every potential homebuyer or savvy investor in Parma, MI!

Rent Prices In Parma, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Parma, MI, is on a rollercoaster ride. The average rent price in Parma, MI, is $1,179.00. Indeed, when looking to rent in Parma, MI, you can expect to pay as little as $610.00 or as much as $2,060.00, with the average rent median estimated to be $1,170.00. The good news is that finding an affordable and desirable property to rent in Parma, MI -- 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, MI 49269 Land

Market Trend for Parma, MI

Total Listings Available: 0

Market Values:

Home Prices from $10,585 to $2,464,500

Average Sales Price: $248,589

Rental Values:

Rental from $610 to $2,060

Average Rent Value: $1,179 / month

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