Parma, ID Housing


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The housing market in Parma, ID is a stable and attractive option for potential homeowners. The median value of homes in Parma is $409,700 which is slightly higher than the US house median value of $338,100. While the US has seen an 8.27% increase in home values over the past year, Parma has seen a relatively smaller 4.74% appreciation making it a great investment opportunity for buyers looking to establish roots in this vibrant city.

The median home cost in Parma is $409,700. Home appreciation the last 10 years has been 260.0%. Home Appreciation in Parma is up 15.6%.

Average Age of Homes
- The median age of Parma real estate is 45 years old
The Rental Market in Parma
- Renters make up 31.4% of the Parma population
- 0.0% of houses and apartments in Parma, are available to rent

DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingParma, IdahoUnited States
  717.0139,647,020.0
  4842
  $409,700$338,100
  15.6%16.6%
  127.5%57.0%
  260.0%101.1%
  $8.67$10.98
  $1,360$2,690
  66.5%57.4%
  5.2%11.2%
  28.3%31.4%
  Vacant Housing
  0.0%1.9%
  0.0%0.4%
  0.0%0.7%
  0.0%0.4%
  0.0%3.6%
  5.2%4.1%
  Value of Owner-Occupied Housing
  5.9%2.6%
  4.2%2.4%
  4.2%2.8%
  6.9%3.9%
  3.1%4.5%
  22.4%11.3%
  20.3%13.0%
  26.6%20.1%
  5.0%13.6%
  0.0%8.3%
  1.3%9.7%
  0.0%3.9%
  0.0%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  13.9%13.6%
  13.9%13.6%
  6.1%13.6%
  5.9%13.2%
  28.6%14.8%
  6.1%13.6%
  15.3%10.0%
  5.3%4.7%
  14.6%12.2%
Commute
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