The housing market in 44134 Parma, OH is just slightly ahead of the US average. The median value for homes in this area is $160,900, which is around half of the median value for homes across the US at $338,100. In the last year, houses in 44134 Parma, OH have appreciated by 8.35%, leading to a slight increase in home values above the US average appreciation rate of 8.27%. Despite this jump in prices, 44134 Parma, OH remains an attractive option for those seeking affordable housing near a major city like Cleveland.
The median home cost in Parma (zip 44134) is $160,900. Home appreciation the last 10 years has been 79.6%. Home Appreciation in Parma (zip 44134) is up 12.6%.
Average Age of Homes
- The median age of Parma (zip 44134) real estate is 58 years old
The Rental Market in Parma (zip 44134)
- Renters make up 18.9% of the Parma (zip 44134) population
- 1.2% of houses and apartments in Parma (zip 44134), 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.