Why Live in Parma
Parma, a suburb in Northeastern Ohio, offers a variety of housing options, including bungalows, Ranch-style homes, classic Colonials, split-level residences, and Cape Cods, primarily built in the 1950s and 1960s. Despite a competitive housing market with limited inventory, homes typically sell between $200,000 and $300,000. The neighborhood features well-maintained streets with grassy front yards, driveways, garages, and sidewalks. Children in Parma have access to highly rated schools within the Parma City School District. The area is safer than the national average, with a below-average crime risk. Proximity to major highways like Interstate 480 and West 130th Street, as well as public transportation via the Cleveland RTA bus system, ensures easy travel to downtown Cleveland, approximately 10 miles away, and Cleveland Hopkins International Airport, just over seven miles away. Parma boasts numerous attractions, including James Day Park with its mini-golf course, bocce ball, and Warrior Fitness Course, as well as public pools at Walters Grove Park and Nike State Park. Nature enthusiasts can explore the Big Creek Reservation and West Creek Reserve, offering hiking, birdwatching, and fishing. The Shoppes at Parma and Polish Village provide diverse shopping and dining options, from popular brands to local favorites like Little Polish Diner and Rudy's Bakery. Annual events such as the Rib N Rock festival bring the community together for food and live music. However, residents should be aware of air and noise pollution concerns due to the nearby Cleveland Hopkins International Airport.
Home Trends in Parma, OH
On average, homes in Parma, OH sell after 22 days on the market compared to the national average of 51 days. The median sale price for homes in Parma, OH over the last 12 months is $217,000, up 8% from the median home sale price over the previous 12 months.
Median Sale Price
$217,000
Median Single Family Sale Price
$218,000
Median Townhouse Sale Price
$186,250
Median 2 Bedroom Sale Price
$183,850
Average Price Per Sq Ft
$138
Number of Homes for Sale
90
Last 12 months Home Sales
914
Median List Price
$219,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
8%