Parma, NY Housing Market & Real Estate

Strong seller's market+79.4% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Parma, NY is $452,000, up 79.4% year-over-year. Homes sell in an average of 39 days with 12 active listings. The market is currently a strong seller's market.

$452,000median sale price

Homes sold

7

Last 12 weeks

Days on market

39

Average pace

Active listings

12

1.7 months supply

Sale-to-list

101.3%

Above asking

Parma, NY market data

Current housing market statistics for Parma, NY
MetricValue
Median sale price$452,000
Median list price$299,998
Year-over-year price change+79.4%
Average days on market39 days
Active inventory12 listings
Months of supply1.7 months
Sale-to-list price ratio101.3%
Market conditionStrong seller's market

Source: Redfin · Updated weekly

The Parma housing market is currently classified as a strong seller's market with a median sale price of $452,000. Prices have risen 79.4% compared to last year, with homes spending an average of 39 days on market, indicating 1.7 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 Parma

There are currently 12 homes listed for sale in Parma, New York. The median listing price is $300K.

Active listings

12

Homes on market

Median list price

$300K

Avg. days on market

39

Days until sale

New this week

8

Newly listed

Price drops:25.0%of listings
Sale-to-list:101.3%

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Frequently asked questions

What is the average home price in Parma?

The median home sale price in Parma is $452,000, up 79.4% from last year.

How long do homes stay on market in Parma?

Homes typically spend 39 days on market before going under contract.

Is Parma a buyer's or seller's market?

With 1.7 months of supply, Parma is currently a strong seller's market.

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