The story of this market
The typical home in Parma, Ohio sells for about $225,000, or $135 per square foot.
Homes take about 12 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,053 a month.
Monthly price momentum
Home values since 2015
+3%
OH · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Parma, Ohio
Parma's housing market shows stability with a median sale price of $225,000 and a relatively tight inventory of active listings. The market is characterized by consistent demand for owner-occupied housing, supported by a stable population base. City-level figures for property tax rates and specific school ratings were not available in current public datasets.
No ARED county foreclosure postings attributed to Parma yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 3 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved up 2.6% year over year.
Homes spend a median of 16 days on market with 1.4 months of supply — a fast-moving market.
9% of listings have cut prices · homes sell at 100.16% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.5% · poverty 10.0% — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A large regional park offering extensive trails and green space for outdoor recreation.
Provides natural landscapes and hiking opportunities within the city limits.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Ohio) — Real Property Tax Assessment: Property is assessed at 35% of its true market value. The tax is calculated by multiplying the assessed value by the effective tax rate (millage) of the local taxing district.
Data retrieved from US Census Bureau QuickFacts and Census Reporter profiles.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.