Parma, OH Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Parma, OH is $220,000, up 10.0% year-over-year. Homes sell in an average of 35 days with 74 active listings. The market is currently a seller's market.
$220,000median sale price
Is Parma a buyer's or seller's market?
Parma, OH is currently a seller's market, based on 1.2 months of supply and homes selling in about 35 days. How we determine this →
Homes sold
64
Last 12 weeks
Days on market
35
Average pace
Active listings
74
1.2 months supply
Sale-to-list
98.6%
Below asking
Parma, OH market data
| Metric | Value |
|---|---|
| Median sale price | $220,000 |
| Median list price | $219,900 |
| Year-over-year price change | +10.0% |
| Average days on market | 35 days |
| Active inventory | 74 listings |
| Months of supply | 1.2 months |
| Sale-to-list price ratio | 98.6% |
| Market condition | Seller's market |
Source: Redfin · Updated weekly
The Parma housing market is currently classified as a seller's market with a median sale price of $220,000. Prices have risen 10.0% compared to last year, with homes spending an average of 35 days on market, indicating 1.2 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 74 homes listed for sale in Parma, Ohio. The median listing price is $220K.
Active listings
74
Homes on market
Median list price
$220K
Avg. days on market
35
Days until sale
New this week
67
Newly listed
Top public schools in Parma
15 schools tracked · 8,545 students
The largest public schools serving Parma, OH by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Normandy High School
Grades 9-12 · 1,643 students
Constellation Schools: Parma Community
Grades K-12 · 1,259 students
Greenbriar Middle School
Grades 5-8 · 1,028 students
Pleasant Valley Elementary School
Grades K-4 · 907 students
Shiloh Middle School
Grades 5-8 · 787 students
Thoreau Park Elementary School
Grades K-4 · 511 students
John Muir Elementary School
Grades K-4 · 484 students
Dentzler Elementary School
Grades K-4 · 454 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
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Frequently asked questions
What is the average home price in Parma?
The median home sale price in Parma is $220,000, up 10.0% from last year.
How long do homes stay on market in Parma?
Homes typically spend 35 days on market before going under contract.
Is Parma a buyer's or seller's market?
With 1.2 months of supply, Parma is currently a seller's market.
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