A+
52%
Med. Home Val. NAT. AVG.
3%
Rent NAT. AVG.
18%
Owner Occ. NAT. AVG.
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Parma Housing Information

IndexParmaMichiganNational
Median home price$88,200$127,800$184,700
Median rent asked$923$799$949
Avg. people per household2.42.52.6
Owner occupied households74.8%70.8%63.6%
Renter occupied households25.2%29.2%36.4%
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Housing Quick Facts

  • The median home price in Parma is 52% lower than the national average.
  • The median rent asked in Parma is 3% lower than the national average.
  • The average number of people per household in Parma is 9% lower than the national average.
  • The number of owner occupied households in Parma is 18% higher than the national average.
  • The number of renter occupied households in Parma is 31% lower than the national average.

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Albion, MI8,380$58,50068%
      Jackson, MI32,251$71,40061%
      Cement City, MI520$79,30057%
      Springport, MI848$83,90055%
      Homer, MI1,550$92,30050%
      Parma, MI538$88,20052%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Parmelee, SD538$9,99995%
      Fillmore, NY538$91,40051%
      Quiogue, NY538$600,800225%
      Fountain Lake, AR538$135,30027%
      Cowden, IL538$64,50065%
      Parma, MI538$88,20052%
      Source: The Parma, MI housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).