Zip 49269 (Parma, MI) Housing

The housing in Parma, MI (49269) is significantly lower than the US median value of $338,100. However, it still remains higher than the Michigan median home value of $206,800. Over the past year, the appreciation in Parma has been higher than what was seen nationally at 9.09%. This could be encouraging news for those looking to purchase or invest in real estate in this area.

The median home cost in Parma (zip 49269) is $206,800. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Parma (zip 49269) is up 16.2%.

Average Age of Homes

- The median age of Parma (zip 49269) real estate is 41 years old

The Rental Market in Parma (zip 49269)

- Renters make up 12.4% of the Parma (zip 49269) population
- 1.2% of houses and apartments in Parma (zip 49269), 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

Housing	Parma, Michigan	United States
	2,267.0	139,647,020.0
	44	42
	$206,800	$338,100
	16.2%	16.6%
	56.4%	57.0%
	106.2%	101.1%
	$14.75	$10.98
	$2,235	$2,690
	81.6%	57.4%
	8.2%	11.2%
	10.2%	31.4%
Vacant Housing
	1.2%	1.9%
	3.1%	0.4%
	0.2%	0.7%
	0.0%	0.4%
	1.9%	3.6%
	1.9%	4.1%
Value of Owner-Occupied Housing
	2.3%	2.6%
	6.3%	2.4%
	3.8%	2.8%
	5.4%	3.9%
	9.7%	4.5%
	21.5%	11.3%
	25.6%	13.0%
	16.8%	20.1%
	5.5%	13.6%
	1.5%	8.3%
	1.6%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	10.9%	13.6%
	10.9%	13.6%
	16.3%	13.6%
	13.8%	13.2%
	25.6%	14.8%
	16.3%	13.6%
	4.3%	10.0%
	4.7%	4.7%
	15.1%	12.2%

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