Zip 63870 (Parma, MO) Housing

The housing market in 63870 Parma, MO is highly appreciating. The median value of a house in this area is $66,500, which is significantly lower than the US median value of $338,100. However, the one-year appreciation rate in 63870 Parma, MO is 13.45%, which is higher than the one-year US appreciation rate of 8.27%. This suggests that the housing market in this region is appreciating at a faster rate than the national average, making it an attractive option for potential buyers and investors alike.

The median home cost in Parma (zip 63870) is $66,500. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Parma (zip 63870) is up 17.1%.

Average Age of Homes

- The median age of Parma (zip 63870) real estate is 49 years old

The Rental Market in Parma (zip 63870)

- Renters make up 26.8% of the Parma (zip 63870) population
- 2.7% of houses and apartments in Parma (zip 63870), 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, Missouri	United States
	526.0	139,647,020.0
	59	42
	$66,500	$338,100
	17.1%	16.6%
	58.3%	57.0%
	73.2%	101.1%
	$7.31	$10.98
	$502	$2,690
	48.3%	57.4%
	20.0%	11.2%
	31.7%	31.4%
Vacant Housing
	2.7%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	2.1%	0.4%
	0.0%	3.6%
	15.2%	4.1%
Value of Owner-Occupied Housing
	7.1%	2.6%
	34.6%	2.4%
	17.3%	2.8%
	18.5%	3.9%
	9.8%	4.5%
	7.9%	11.3%
	0.8%	13.0%
	2.8%	20.1%
	1.2%	13.6%
	0.0%	8.3%
	0.0%	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%
	1.9%	13.6%
	1.9%	13.6%
	4.0%	13.6%
	9.9%	13.2%
	22.2%	14.8%
	4.0%	13.6%
	15.6%	10.0%
	21.9%	4.7%
	9.9%	12.2%

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