Current Price

$199,625

1 Month Forecast

â–² $208,229

1-Year Forecast *

â–² $217,425

5-Year Forecast *

â–² $246,380

"Is it a good time to buy homes in Parchment?" "Does investing in real estate in Parchment (Michigan State, Kalamazoo County) worth it?" According to our live Forecast System, buying a house in Parchment is a acceptable short-term (1-year) investment*. The Parchment average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Parchment" 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 Parchment in Michigan State, Kalamazoo County. If you are looking for homes for sale with good flipping profit, Parchment can be a profitable property investment option. The median price of an average house in Parchment was 199,625 USD on 2026-03-02. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Parchment" area is 246,380 USD by 2031-03-02. For a 5-year investment the profit is expected to be around +23.42% meaning that investing 100000 USD today may yield a profit of 23,421 USD by 2031.

Current Median Listing Price: 199,625 USD Median Listing Price Per Square Foot: 111 USD

Parchment 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.

Parchment (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.

Parchment Price Target

Parchment median home price target in 12 months: $217,425* (upside of 8.9%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $204,557 $207,366 $204,557 $207,366
2024 $189,295 $199,625 $189,295 $199,625
2023 $175,894 $188,823 $175,343 $188,823
2022 $166,653 $176,581 $166,653 $177,010
2021 $148,796 $165,906 $148,796 $165,906
2020 $133,973 $146,529 $133,973 $146,529
2019 $126,259 $132,474 $126,259 $132,474
2018 $115,223 $125,314 $115,223 $125,314
2017 $105,755 $113,469 $105,488 $113,469
2016 $100,175 $105,647 $100,175 $105,647
2015 $94,901 $99,744 $94,325 $99,744
2014 $89,540 $94,833 $89,540 $94,833
2013 $81,538 $89,605 $81,538 $89,605
2012 $79,602 $81,447 $79,602 $81,583

Questions & Answers about the Parchment Housing Market Forecast

How much does an average home cost in Parchment today?

The value of an average home (the listing price) in Parchment is $199,625 USD.

What is the average price per square foot in Parchment?

According to Walletinvestor the median price per square foot in Parchment is 111 USD.

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

Yes. The Parchment home prices may rise from 199,625 USD to 217,425 USD in one year.

Is it profitable to invest in Parchment homes?

Yes. The long-term profit potential is +8.92% in one year.

Will Parchment house prices fall / drop?

No. See above.

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

The predicted home sales price of a Parchment home in 2030 in Parchment is 235,538 USD.

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

The predicted home sales price of a Parchment home in 2035 in Parchment is 279,253 USD.

Will real estate prices decrease in Parchment?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Parchment is the 14613. largest city in the United States, located in Michigan State.

During the last 12 months the real estate prices in Kalamazoo, Parchment decreased, looking at the past 12 months.

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

Median home values decreased by 2.461% to 199,625 USD, between 2025-03-02 and 2026-03-02

The average annual profit of property investment was:

  • 10.257% in 2021
  • 10.257% in 2022
  • 8.687% in 2023
  • 6.987% in 2024
  • 9.807% in 2025
  • 9.977% in 2026

Based on our Parchment real estate market research and report the predicted sales prices will increase by 134.930% in the next 10 years.

Over the last 12 months, the value of homes in Parchment fluctuated: increasing 4 times .

Parchment (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
Parchment Housing Market Forecast with Real Estate Prices for 2025
August 2025 208229 190946 225512
September 2025 209095 193622 224568
October 2025 209964 191697 228231
November 2025 210838 190386 231289
December 2025 211714 194566 228863
Parchment Housing Market Forecast with Real Estate Prices for 2026
January 2026 212595 201965 223225
February 2026 213252 198111 228393
March 2026 214082 194173 233992
April 2026 214735 193476 235993
May 2026 215628 196868 234387
June 2026 216524 202667 230382
July 2026 217425 200466 234384
August 2026 218329 201736 234922
September 2026 219237 205645 232830
October 2026 220149 202757 237541
November 2026 220926 199275 242577
December 2026 221105 200321 241889
Parchment Housing Market Forecast with Real Estate Prices for 2027
January 2027 220707 205478 235936
February 2027 220622 199663 241581
March 2027 220731 199320 242142
April 2027 220745 202644 238846
May 2027 220348 200957 239739
June 2027 219951 203895 236008
July 2027 220079 198732 241427
August 2027 220995 206630 235359
September 2027 221914 207490 236338
October 2027 222837 200999 244675
November 2027 223764 206534 240993
December 2027 224694 204022 245366
Parchment Housing Market Forecast with Real Estate Prices for 2028
January 2028 225629 205999 245258
February 2028 226567 212293 240841
March 2028 227272 212727 241817
April 2028 227453 209711 245194
May 2028 228022 211604 244439
June 2028 228970 210195 247746
July 2028 229922 210839 249006
August 2028 230879 208714 253043
September 2028 231839 218856 244822
October 2028 232803 212084 253523
November 2028 233071 213726 252416
December 2028 232651 221019 244284
Parchment Housing Market Forecast with Real Estate Prices for 2029
January 2029 232232 212957 251508
February 2029 232505 219484 245525
March 2029 233472 213626 253317
April 2029 234443 222252 246634
May 2029 235418 219645 251191
June 2029 235601 216988 254213
July 2029 235538 218815 252261
August 2029 235962 218736 253187
September 2029 236855 217196 256514
October 2029 237801 225197 250404
November 2029 238651 218366 258936
December 2029 239644 216158 263129
Parchment Housing Market Forecast with Real Estate Prices for 2030
January 2030 240640 224277 257004
February 2030 241641 224968 258314
March 2030 242646 223720 261572
April 2030 243655 227087 260224
May 2030 244669 221914 267423
June 2030 245425 232417 258432
July 2030 246380 227162 265598
August 2030 247131 224889 269373
September 2030 248159 235006 261311
October 2030 249191 235735 262647
November 2030 250227 234463 265992
December 2030 251268 236694 265841
Parchment Housing Market Forecast with Real Estate Prices for 2031
January 2031 252313 238183 266443
February 2031 253362 239174 267551
March 2031 254257 238747 269766
April 2031 254462 232579 276346
May 2031 254004 237240 270769
June 2031 253907 240450 267364
July 2031 254032 230661 277403
August 2031 254049 235757 272340
September 2031 253591 239897 267285
October 2031 253135 237946 268323
November 2031 253282 230993 275571
December 2031 254336 241619 267052
Parchment Housing Market Forecast with Real Estate Prices for 2032
January 2032 255393 233174 277613
February 2032 256456 235426 277485
March 2032 257522 241041 274004
April 2032 258593 243595 273592
May 2032 259669 244608 274729
June 2032 260749 235978 285520
July 2032 261560 247436 275684

> 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.