Parma, OH housing market
The typical Parma home is worth about $219,000, up 4.2% in a year, 12% below the Ohio typical home. Homes typically sell in 9 days, a little above asking.
Home values, sales, trends and how Parma compares with the towns next door — updated as new data is published.
Parma at a glance
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Typical home value, 2016–2026
Show as a table
| January | Parma | Ohio |
|---|---|---|
| 2017 | $110,000 | $133,000 |
| 2018 | $118,000 | $141,000 |
| 2019 | $127,000 | $150,000 |
| 2020 | $133,000 | $158,000 |
| 2021 | $148,000 | $178,000 |
| 2022 | $162,000 | $195,000 |
| 2023 | $175,000 | $211,000 |
| 2024 | $189,000 | $224,000 |
| 2025 | $203,000 | $237,000 |
| 2026 | $216,000 | $245,000 |
| August 2026 | $219,000 | $249,000 |
Parma and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Parma | $219K | +4.2% | 9 | $69,295 |
| Parma Heights | $223K | +4.3% | 9 | $61,009 |
| Seven Hills | $309K | +3.1% | 8 | $97,222 |
| North Royalton | $341K | +2.7% | 7 | $83,670 |
| Brook Park | $220K | +4.5% | 6 | $71,332 |
3.2 years of income
The typical Parma home costs about 3.2 years of the town's median household income, less than across Ohio (3.5 years).
How Parma ranks on affordability →
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.