Housing in Parma, ID

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$375,000

Median List Price

$409,000

Price Per Sq Ft

$201

Days on Market

47

Active Inventory

9

Months of Supply

9.0

Buyer's market

Zillow Home Value

$493,405

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 29.0%List Price 35.2%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

100.0%

Off Market in 2 Weeks

25.0%

Sale-to-List Ratio

104.2%

Seller's market

Sold Above Asking
100.0%
Under Contract in 2 Wks
25.0%
Listings with Price Drops
22.2%

Market Activity

Source: Redfin

Homes Sold

1

New Listings

3

Pending Sales

4

Homes Sold 50.0%New Listings 50.0%Pending 20.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$201

Median List $/SF

$230

Sale $/SF 36.0%List $/SF 8.0%Mar 24Jan 26

Parma vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Parma is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$232,400

Median Rent

$955

Total Housing Units

722

Vacancy Rate

2.8%

Owner Occupied

66.0%

Renter Occupied

34.0%

Median Property Tax

$1,496

per year

Monthly Cost (w/ Mortgage)

$747

Housing Types

Single Family
71.9%
Multi-Family
10.7%
Mobile Home
17.4%

The current median sale price in Parma, ID is $375,000 according to Redfin data. Homes spend a median of 47 days on the market. 100.0% of homes sold above asking price. The market has 9.0 months of supply. The median price per square foot is $201. The median rent is $955 per month (Census ACS). About 66.0% of housing units are owner-occupied. The median year homes were built is 1974. There are 722 total housing units.