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Foreclosure Homes in Parma, OH

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Parma, OH Foreclosures

Current Market Conditions in in Parma, OH As of June 2026?
Home values: +1.79% MoM; rent: +0.00% MoM.
How much do homes sell for in Parma, OH?
The average home price is currently $241,625.
In Parma, OH, how many homes are available?
There are currently 192 active home listings available in Parma.
What’s the average rental cost in Parma, OH?
The average rental price in Parma is $1,100.
What is the most expensive home in Parma?
The most expensive home sold in Parma had a price of $137,657,768.
What is currently the cheapest priced home in Parma, OH?
The cheapest home for sale in Parma is priced at $13,664.

Living in Parma, OH

Parma is an established Cleveland suburb with affordable housing, strong commuter access, practical amenities, and a broad residential base that can appeal to long-term real estate investors.

Buyer vs Seller Market in Parma, OH

Median home value: $207,759 as of 2026-05-14.

Median rent: $1,080 as of 2026-05-14.

Home values: +1.79% MoM, +3.48% YoY.

Rent: +0.00% MoM, +0.00% YoY.

Home Value Estimator For Parma, OH

There are currently 23,976 real estate properties in Parma, OH, with a median automated valuation model (AVM) price of $207,759.00. 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, OH, 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, OH, is $241,625.00, with the most expensive house in Parma, OH, topping out at $137,657,768.00 and the cheapest home in Parma, OH, clocking in at $13,664.00. In other words, there’s something for every potential homebuyer or savvy investor in Parma, OH!

Rent Prices In Parma, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Parma, OH, is on a rollercoaster ride. The average rent price in Parma, OH, is $1,100.00. Indeed, when looking to rent in Parma, OH, you can expect to pay as little as $520.00 or as much as $2,190.00, with the average rent median estimated to be $1,080.00. The good news is that finding an affordable and desirable property to rent in Parma, OH -- 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, OH Foreclosures

Market Trend for Parma, OH

Total Listings Available: 192

Market Values:

Home Prices from $13,664 to $137,657,768

Average Sales Price: $241,625

Rental Values:

Rental from $520 to $2,190

Average Rent Value: $1,100 / month

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