Parma, OH Housing Market & Real Estate

Seller's market+10.0% YoY

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?

Seller's market1.2 months of supply35 avg. days on 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

Current housing market statistics for Parma, OH
MetricValue
Median sale price$220,000
Median list price$219,900
Year-over-year price change+10.0%
Average days on market35 days
Active inventory74 listings
Months of supply1.2 months
Sale-to-list price ratio98.6%
Market conditionSeller'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

Price drops:27.0%of listings
Sale-to-list:98.6%

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

Public

Constellation Schools: Parma Community

Grades K-12 · 1,259 students

Charter

Greenbriar Middle School

Grades 5-8 · 1,028 students

Public

Pleasant Valley Elementary School

Grades K-4 · 907 students

Public

Shiloh Middle School

Grades 5-8 · 787 students

Public

Thoreau Park Elementary School

Grades K-4 · 511 students

Public

John Muir Elementary School

Grades K-4 · 484 students

Public

Dentzler Elementary School

Grades K-4 · 454 students

Public

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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