Housing in Parma, OH
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$220,000
Median List Price
$232,400
Price Per Sq Ft
$159
Days on Market
34
Active Inventory
76
Months of Supply
1.5
Seller's market
Zillow Home Value
$204,008
ZHVI — January 2026
Zillow Rent Index
$1,395
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
23.1%
Off Market in 2 Weeks
39.0%
Sale-to-List Ratio
98.0%
Buyer's market
Market Activity
Source: RedfinHomes Sold
52
New Listings
54
Pending Sales
82
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$159
Median List $/SF
$181
Parma vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 50,000 - 100,000 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
$157,600
Median Rent
$1,053
Total Housing Units
36,478
Vacancy Rate
5.0%
Owner Occupied
72.8%
Renter Occupied
27.2%
Median Property Tax
$3,233
per year
Monthly Cost (w/ Mortgage)
$1,034
Housing Types
The current median sale price in Parma, OH is $220,000 according to Redfin data. Homes spend a median of 34 days on the market. 23.1% of homes sold above asking price. The market has 1.5 months of supply. The median price per square foot is $159. Zillow's observed rent index is $1,395/month. About 72.8% of housing units are owner-occupied. The median year homes were built is 1958. There are 36,478 total housing units.