The housing market in 44129 Parma, OH is similar to the US median. The median value of a home in 44129 Parma, OH is $164,400 compared to the US median of $338,100. In the last year there has been an 8.35% appreciation in the area which is only slightly higher than US’s 8.27%. This indicates that this area is still on par with many other parts of the country when it comes to house values and appreciation trends. Therefore, those looking for a steady property investment in this part of Ohio should find plenty of opportunities in 44129 Parma.
The median home cost in Parma (zip 44129) is $164,400. Home appreciation the last 10 years has been 79.6%. Home Appreciation in Parma (zip 44129) is up 12.6%.
Average Age of Homes
- The median age of Parma (zip 44129) real estate is 61 years old
The Rental Market in Parma (zip 44129)
- Renters make up 25.3% of the Parma (zip 44129) population
- 2.1% of houses and apartments in Parma (zip 44129), 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.