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Featured local agent — Parma, NY
Sarah Mitchell
Compass Real Estate · Parma, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Parma, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$328,850median sale price
How is the Parma, NY housing market right now?
The median home sale price in Parma, NY is $328,850, down 1.8% year-over-year. Homes sell in an average of 8 days with 14 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Parma a buyer's or seller's market?
Parma, NY is currently a strong seller's market, based on 1.8 months of supply and homes selling in about 8 days. How we determine this →
Homes sold
8
Last 12 weeks
Days on market
8
Fast-moving
Active listings
14
1.8 months supply
Sale-to-list
128.9%
Above asking
What does the Parma housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $328,850 |
| Median list price | $269,900 |
| Year-over-year price change | -1.8% |
| Average days on market | 8 days |
| Active inventory | 14 listings |
| Months of supply | 1.8 months |
| Sale-to-list price ratio | 128.9% |
| Median price per sq ft | $199/sq ft |
| Homes sold (latest month) | 8 |
| New listings (latest month) | 15 |
| Listings with a price cut | 28.6% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Parma by property type?
How the Parma, NY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $328,850 | $199/sq ft | 8 | 8 days |
| Condo / Co-op | $170,000 | $125/sq ft | 1 | 15 days |
| Townhouse | $172,000 | $127/sq ft | 1 | 6 days |
Source: Redfin · Updated monthly
The Parma housing market is currently classified as a strong seller's market with a median sale price of $328,850. Prices have fallen 1.8% compared to last year, with homes spending an average of 8 days on market, indicating 1.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Parma
There are currently 14 homes listed for sale in Parma, New York. The median listing price is $270K.
Active listings
14
Homes on market
Median list price
$270K
Avg. days on market
8
Days until sale
New this week
15
Newly listed
Which cities are near Parma, NY?
Want a head-to-head view? Compare Parma side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Parma?
The median home sale price in Parma is $328,850, down 1.8% from last year.
How long do homes stay on market in Parma?
Homes typically spend 8 days on market before going under contract.
Is Parma a buyer's or seller's market?
With 1.8 months of supply, Parma is currently a strong seller's market.
What is the median condo price in Parma?
The median condo/co-op sale price in Parma, NY is $170,000, compared to $328,850 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Parma?
The median single-family home price in Parma, NY is $328,850 (about $199 per square foot).
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