Parma, MO Foreclosures
Current Market Conditions in in Parma, MO As of January 2026?
Over the past month, there has been a noticeable uptick in interest for homes in the Parma area, with an increase in showings and inquiries from potential buyers. While the market remains predominantly stable, there has been a subtle shift towards slightly higher asking prices for well-maintained properties, indicating a renewed confidence among sellers. This rising trend could signify a growing demand as more people look to escape urban settings and seek the quiet lifestyle offered by rural communities like Parma. The average time to sell homes has not drastically changed, remaining favorable for buyers and sellers alike, indicating balanced conditions in the local real estate market.
How much do homes sell for in Parma, MO?
The average home price is currently $98,888.
What’s the average rental cost in Parma, MO?
The average rental price in Parma is $809.
What is the most expensive home in Parma?
The most expensive home sold in Parma had a price of $801,386.
What is currently the cheapest priced home in Parma, MO?
The cheapest home for sale in Parma is priced at $18,008.
Living in Parma, MO
Parma, located in New Madrid County, Missouri, is a quaint town that boasts a small-town feel with a strong sense of community. It's surrounded by beautiful landscapes, offering plenty of outdoor activities and community gatherings. The affordable housing market makes it an attractive place for families and individuals seeking tranquility away from urban life.
Buyer vs Seller Market in Parma, MO
The real estate market in Parma, MO is currently characterized by an abundance of affordable housing options, which attracts many buyers looking for lower-cost living arrangements. The demand in the area has remained stable, keeping prices relatively consistent over the past months. As a result, both buyers and sellers have found opportunities in this small market, especially for family-sized homes that meet the needs of growing households.
Recent trends indicate that more families are considering rural living, contributing to slight increases in property interest and sales in Parma. Listings typically remain on the market for a reasonable time, suggesting that while competition is present, it's not overly aggressive. Overall, the market remains accessible to first-time buyers and investors.
Home Value Estimator For Parma, MO
There are currently 479 real estate properties
in Parma, MO,
with a median automated valuation model (AVM) price
of $63,915.00. 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, MO, 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, MO,
is $98,888.00, with the most expensive house
in Parma, MO, topping out
at $801,386.00 and the cheapest home
in Parma, MO,
clocking in at $18,008.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Parma, MO!
Rent Prices
In Parma, MO
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Parma, MO, is on
a rollercoaster ride. The
average rent price in Parma, MO,
is $809.00. Indeed, when looking to rent in
Parma, MO, you can expect to pay as little
as $570.00 or as much
as $1,470.00,
with the average rent median estimated to
be $760.00. The good news is that finding
an affordable and desirable property to rent in Parma, MO
-- 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.
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