Parchment, MI
Housing market overview · Updated weekly
$150,000median sale price
Homes sold
4
Last 12 weeks
Days on market
30
Average pace
Active listings
6
1.5 months supply
Sale-to-list
96.5%
Below asking
The Parchment housing market is currently classified as a seller's market with a median sale price of $150,000. Prices have risen 26.1% compared to last year, with homes spending an average of 30 days on market, indicating 1.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Parchment
There are currently 6 homes listed for sale in Parchment, Michigan. The median listing price is $205K.
Active listings
6
Homes on market
Median list price
$205K
Avg. days on market
30
Days until sale
New this week
5
Newly listed
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Frequently asked questions
What is the average home price in Parchment?
The median home sale price in Parchment is $150,000, up 26.1% from last year.
How long do homes stay on market in Parchment?
Homes typically spend 30 days on market before going under contract.
Is Parchment a buyer's or seller's market?
With 1.5 months of supply, Parchment is currently a seller's market.
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