Parchment, MI housing market
The typical Parchment home is worth about $206,000, up 2.8% in a year, 23% below the Michigan typical home.
Home values, sales, trends and how Parchment compares with the towns next door — updated as new data is published.
Parchment at a glance
Only 3 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Parchment | Michigan |
|---|---|---|
| 2017 | $104,000 | $144,000 |
| 2018 | $113,000 | $155,000 |
| 2019 | $124,000 | $165,000 |
| 2020 | $132,000 | $175,000 |
| 2021 | $146,000 | $194,000 |
| 2022 | $164,000 | $217,000 |
| 2023 | $173,000 | $230,000 |
| 2024 | $186,000 | $241,000 |
| 2025 | $197,000 | $253,000 |
| 2026 | $203,000 | $262,000 |
| August 2026 | $206,000 | $266,000 |
Parchment and its neighbors
2.8 years of income
The typical Parchment home costs about 2.8 years of the town's median household income, less than across Michigan (3.7 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.