Why Live in Parchment
Parchment, Michigan, named after the historic Kalamazoo Vegetable Parchment Company, is a small community with a population of around 2,000. The city is known for its outdoor activities and a "small hometown feel," with residents enjoying proximity to the 40-acre Kindleberger Park and the Kalamazoo River, which is popular for kayaking, paddleboarding, and fishing. The city features a variety of pre-World War II homes, including Cape Cod, ranch-style, and Colonial Revival houses, many of which are surrounded by mature trees. Kindleberger Park, often referred to as the "Jewel of Parchment," offers amenities such as a playground, tennis courts, a stage, and baseball fields, along with winding trails and a gazebo. Nearby, the 186-acre Spring Valley Park and the 160-acre Markin Glen Park provide additional attractions like disc golf, nature trails, and water sports. Dining options in Parchment include Geno's Golden Pizza & Pub, Buen Provecho Mexican Restaurant, and Spad’s Twisters Soft Serve Ice Cream, with more choices available just 4 miles away in downtown Kalamazoo. The Parchment School District serves the community, with Northwood Elementary being highly rated. Residents benefit from access to Kalamazoo’s Metro buses and nearby highways, with U.S. Highway 131 leading to Grand Rapids, about 50 miles north. The area experiences significant snowfall annually and receives its drinking water from Kalamazoo following a past contamination issue.
Frequently Asked Questions
What is the average home price in Parchment, MI?
Homes for sale in Parchment, MI have an average home price of $195,000.
How many homes have sold over the last 12 months in Parchment, MI?
14 homes have sold in Parchment, MI over the last 12 months.
What are the most popular zip codes in Parchment, MI?
How much do you need to make to afford a house in Parchment?
The median home price in Parchment is $195,000. If you put a 20% down payment of $39,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $1,010 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $43K a year to afford the median home price in Parchment.
How are the schools in Parchment, MI?
Home Trends in Parchment, MI
On average, homes in Parchment, MI sell after 8 days on the market compared to the national average of 70 days. The median sale price for homes in Parchment, MI over the last 12 months is $189,000.
Median Sale Price
$189,000
Median Single Family Sale Price
$189,000
Average Price Per Sq Ft
$163
Number of Homes for Sale
0
Last 12 months Home Sales
14
Median List Price
$195,000
Median Change From 1st List Price
3%