Housing in Parma Heights, OH
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$247,250
Median List Price
$229,999
Price Per Sq Ft
$190
Days on Market
34
Active Inventory
20
Months of Supply
1.7
Seller's market
Zillow Home Value
$206,909
ZHVI — January 2026
Zillow Rent Index
$1,452
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
16.7%
Off Market in 2 Weeks
41.7%
Sale-to-List Ratio
98.4%
Buyer's market
Market Activity
Source: RedfinHomes Sold
12
New Listings
11
Pending Sales
12
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$190
Median List $/SF
$178
Parma Heights vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. Parma Heights 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
$165,800
Median Rent
$1,072
Total Housing Units
9,599
Vacancy Rate
4.2%
Owner Occupied
58.1%
Renter Occupied
41.9%
Median Property Tax
$3,468
per year
Monthly Cost (w/ Mortgage)
$1,112
Housing Types
The current median sale price in Parma Heights, OH is $247,250 according to Redfin data. Homes spend a median of 34 days on the market. 16.7% of homes sold above asking price. The market has 1.7 months of supply. The median price per square foot is $190. Zillow's observed rent index is $1,452/month. About 58.1% of housing units are owner-occupied. The median year homes were built is 1959. There are 9,599 total housing units.