Current Price

$233,798

1 Month Forecast

â–² $254,632

1-Year Forecast *

â–² $262,790

5-Year Forecast *

â–² $296,405

"Is it a good time to buy homes in Parma?" "Does investing in real estate in Parma (Michigan State, Jackson County) worth it?" According to our live Forecast System, buying a house in Parma is a good short-term (1-year) investment*. The Parma average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Parma" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Parma in Michigan State, Jackson County. If you are looking for homes for sale with good flipping profit, Parma can be a profitable property investment option. The median price of an average house in Parma was 233,798 USD on 2026-03-02. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Parma" area is 296,405 USD by 2031-03-02. For a 5-year investment the profit is expected to be around +26.78% meaning that investing 100000 USD today may yield a profit of 26,778 USD by 2031.

Current Median Listing Price: 233,798 USD Median Listing Price Per Square Foot: 130 USD

Parma Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Parma (Michigan State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Parma Price Target

Parma median home price target in 12 months: $262,790* (upside of 12.4%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $249,904 $252,985 $249,904 $252,985
2024 $222,580 $233,798 $222,580 $233,798
2023 $212,116 $220,950 $211,048 $220,950
2022 $205,800 $214,230 $205,800 $220,738
2021 $189,696 $204,429 $189,696 $205,946
2020 $168,888 $187,006 $168,888 $187,006
2019 $158,003 $167,610 $158,003 $167,610
2018 $144,998 $156,211 $144,998 $156,211
2017 $138,594 $144,351 $138,594 $144,351
2016 $130,961 $137,677 $130,961 $137,677
2015 $122,841 $130,391 $122,841 $130,391
2014 $107,921 $122,362 $107,921 $122,362
2013 $91,086 $106,588 $91,086 $106,588
2012 $80,150 $90,124 $79,388 $90,124

Questions & Answers about the Parma Housing Market Forecast

How much does an average home cost in Parma today?

The value of an average home (the listing price) in Parma is $233,798 USD.

What is the average price per square foot in Parma?

According to Walletinvestor the median price per square foot in Parma is 130 USD.

Will the median listing price of homes in Parma grow / rise / go up?

Yes. The Parma home prices may rise from 233,798 USD to 262,790 USD in one year.

Is it profitable to invest in Parma homes?

Yes. The long-term profit potential is +12.40% in one year.

Will Parma house prices fall / drop?

No. See above.

What is the predicted price of a Parma home in 2030?

The predicted home sales price of a Parma home in 2030 in Parma is 289,461 USD.

What is the predicted price of a Parma home in 2035?

The predicted home sales price of a Parma home in 2035 in Parma is 343,818 USD.

Will real estate prices decrease in Parma?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Parma is the 8061. largest city in the United States, located in Michigan State.

During the last 12 months the real estate prices in Jackson, Parma decreased, looking at the past 12 months.

According to Walletinvestor's Parma real estate market research, home values will increase in the next 12 months.

Median home values decreased by 7.054% to 233,798 USD, between 2025-03-02 and 2026-03-02

The average annual profit of property investment was:

  • 11.820% in 2021
  • 12.010% in 2022
  • 12.400% in 2023
  • 11.710% in 2024
  • 12.190% in 2025
  • 11.120% in 2026

Based on our Parma real estate market research and report the predicted sales prices will increase by 221.871% in the next 10 years.

Over the last 12 months, the value of homes in Parma fluctuated: increasing 3 times and decreasing 1 times.

Parma (Michigan) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Parma Housing Market Forecast with Real Estate Prices for 2025
August 2025 254632 234007 275257
September 2025 256289 235017 277561
October 2025 257957 243770 272145
November 2025 259637 243020 276253
December 2025 259553 241904 277203
Parma Housing Market Forecast with Real Estate Prices for 2026
January 2026 258452 236484 280421
February 2026 257758 237910 277605
March 2026 257575 242893 272257
April 2026 257725 243034 272415
May 2026 259402 245135 273669
June 2026 261091 241509 280672
July 2026 262790 244658 280923
August 2026 264501 250747 278255
September 2026 266222 251580 280865
October 2026 267955 243303 292607
November 2026 268087 243960 292215
December 2026 267004 244042 289966
Parma Housing Market Forecast with Real Estate Prices for 2027
January 2027 265805 241617 289994
February 2027 264612 238416 290809
March 2027 263424 241033 285816
April 2027 262242 248605 275879
May 2027 261065 244879 277251
June 2027 259893 234424 285363
July 2027 259856 234909 284802
August 2027 261354 237571 285137
September 2027 262691 239837 285546
October 2027 264007 240774 287239
November 2027 264991 251741 278240
December 2027 266060 243711 288409
Parma Housing Market Forecast with Real Estate Prices for 2028
January 2028 267438 249787 285089
February 2028 268625 241763 295488
March 2028 270287 244069 296504
April 2028 272046 252731 291361
May 2028 273817 253554 294079
June 2028 275587 261257 289918
July 2028 277381 249643 305119
August 2028 279187 252106 306268
September 2028 281004 258243 303765
October 2028 282060 265136 298983
November 2028 282508 266687 298328
December 2028 282614 257744 307484
Parma Housing Market Forecast with Real Estate Prices for 2029
January 2029 282358 261181 303534
February 2029 282871 266748 298995
March 2029 283869 265418 302321
April 2029 285717 267145 304289
May 2029 287577 259969 315184
June 2029 289307 261244 317370
July 2029 289461 273541 305382
August 2029 289029 263306 314753
September 2029 289294 270201 308387
October 2029 289742 266563 312922
November 2029 291123 274238 308008
December 2029 293018 266646 319390
Parma Housing Market Forecast with Real Estate Prices for 2030
January 2030 294925 275165 314685
February 2030 296845 271613 322077
March 2030 298777 275771 321783
April 2030 298682 276878 320485
May 2030 297414 282544 312285
June 2030 296615 271403 321827
July 2030 296405 274175 318635
August 2030 296577 278189 314965
September 2030 298507 273433 323582
October 2030 300451 272809 328092
November 2030 302406 286681 318131
December 2030 304375 287634 321115
Parma Housing Market Forecast with Real Estate Prices for 2031
January 2031 306356 282766 329945
February 2031 308350 290157 326543
March 2031 308502 279194 337810
April 2031 307255 278988 335523
May 2031 305876 279571 332181
June 2031 304503 278925 330081
July 2031 303136 281917 324356
August 2031 301775 279142 324409
September 2031 300421 275486 325356
October 2031 299072 283221 314923
November 2031 299029 277499 320559
December 2031 300754 275490 326017
Parma Housing Market Forecast with Real Estate Prices for 2032
January 2032 302293 283550 321035
February 2032 303806 281932 325680
March 2032 304939 279324 330553
April 2032 306169 284125 328213
May 2032 307755 290213 325297
June 2032 309121 290883 327359
July 2032 311033 286772 335293

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.