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Housing · Parma

Parma, MI housing market

The median sale price was $251,000 in April 2026.

Home values, sales, trends and how Parma compares with the towns next door — updated as new data is published.

The market right now

Parma at a glance

Median sale price
$251K
April 2026 · Redfin
Homes sold
1
in April · 2 for sale

Only 1 sale in April 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.

Price trend

Home prices up 48% in 5 years

The federal house price index for the ZIP code around Parma rose 48% over the past 5 years, slower than across Michigan (52%). Last year prices rose 3.3%.

Past year
+3.3%
Michigan: +4.8%
Past 5 years
+48%
Michigan: +52%
Past 10 years
+94%
Michigan: +97%
Parma areaMichigan
−50%0%+50%+100% 200020052010201520202025 2000: 0% since 20002001: +1.9% since 2000 · +1.9% that year2002: +6.6% since 2000 · +4.7% that year2003: +9.9% since 2000 · +3% that year2004: +18% since 2000 · +7.5% that year2005: +21% since 2000 · +2.5% that year2006: +21% since 2000 · +0.1% that year2007: +13% since 2000 · −6.9% that year2008: +6.6% since 2000 · −5.5% that year2009: −3.1% since 2000 · −9.1% that year2010: −12% since 2000 · −9% that year2011: −15% since 2000 · −3.8% that year2012: −16% since 2000 · −1.5% that year2013: −11% since 2000 · +6.5% that year2014: −7.5% since 2000 · +3.9% that year2015: −2.4% since 2000 · +5.5% that year2016: +0.1% since 2000 · +2.6% that year2017: +12% since 2000 · +12% that year2018: +17% since 2000 · +4.7% that year2019: +31% since 2000 · +11% that year2020: +29% since 2000 · −1.8% that year2021: +40% since 2000 · +8.9% that year2022: +53% since 2000 · +9.6% that year2023: +85% since 2000 · +21% that year2024: +84% since 2000 · −0.8% that year2025: +90% since 2000 · +3.3% that year Parma +90%
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YearChange that yearSince