Current Price

$193,052

1 Month Forecast

â–² $213,870

1-Year Forecast *

â–² $221,119

5-Year Forecast *

â–² $267,677

"Is it a good time to buy homes in Parma?" "Does investing in real estate in Parma (Ohio State, Cuyahoga 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 Ohio State, Cuyahoga 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 193,052 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Parma" area is 267,677 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +38.66% meaning that investing 100000 USD today may yield a profit of 38,656 USD by 2031.

Current Median Listing Price: 193,052 USD Median Listing Price Per Square Foot: 107 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 (Ohio 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: $221,119* (upside of 14.5%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $205,970 $212,487 $205,970 $212,487
2024 $180,365 $193,052 $180,365 $193,052
2023 $167,591 $179,593 $167,578 $179,593
2022 $154,938 $167,746 $154,938 $169,051
2021 $141,582 $153,581 $141,582 $155,073
2020 $127,443 $139,178 $127,443 $139,178
2019 $121,515 $126,673 $121,515 $126,673
2018 $113,204 $120,740 $113,204 $120,740
2017 $105,313 $112,578 $105,313 $112,578
2016 $98,680 $104,581 $98,680 $104,581
2015 $92,030 $98,139 $92,030 $98,139
2014 $92,966 $91,992 $91,635 $92,966
2013 $89,023 $93,282 $88,918 $93,447
2012 $89,845 $89,274 $89,274 $90,280

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 $193,052 USD.

What is the average price per square foot in Parma?

According to Walletinvestor the median price per square foot in Parma is 107 USD.

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

Yes. The Parma home prices may rise from 193,052 USD to 221,119 USD in one year.

Is it profitable to invest in Parma homes?

Yes. The long-term profit potential is +14.54% 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 257,094 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 333,026 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 648. largest city in the United States, located in Ohio State.

During the last 12 months the real estate prices in Cuyahoga, 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 7.206% to 193,052 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 14.589% in 2021
  • 15.819% in 2022
  • 16.359% in 2023
  • 15.499% in 2024
  • 13.599% in 2025
  • 13.549% in 2026

Based on our Parma real estate market research and report the predicted sales prices will increase by 288.612% in the next 10 years.

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

Parma (Ohio) 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 213870 198685 229054
September 2025 215261 204283 226239
October 2025 216662 201279 232045
November 2025 218071 199317 236826
December 2025 218615 207685 229546
Parma Housing Market Forecast with Real Estate Prices for 2026
January 2026 217826 196261 239391
February 2026 217040 201196 232884
March 2026 216607 195812 237401
April 2026 216858 202329 231388
May 2026 218269 198843 237695
June 2026 219690 204092 235288
July 2026 221119 202766 239472
August 2026 222558 202305 242810
September 2026 224006 206757 241254
October 2026 225463 212386 238540
November 2026 226930 212634 241227
December 2026 227276 209775 244776
Parma Housing Market Forecast with Real Estate Prices for 2027
January 2027 226592 210957 242227
February 2027 225818 205946 245690
March 2027 225568 210681 240456
April 2027 225520 213568 237473
May 2027 225312 207963 242661
June 2027 225295 205244 245347
July 2027 225660 203546 247775
August 2027 226884 215086 238682
September 2027 228360 211462 245259
October 2027 229846 208700 250992
November 2027 231342 211215 251468
December 2027 232847 212589 253105
Parma Housing Market Forecast with Real Estate Prices for 2028
January 2028 234362 211863 256861
February 2028 235887 219139 252635
March 2028 237002 218042 255963
April 2028 238335 224512 252158
May 2028 239359 217817 260901
June 2028 240917 222607 259226
July 2028 242484 219206 265762
August 2028 244062 225025 263099
September 2028 245650 229682 261617
October 2028 247248 227468 267028
November 2028 248762 223886 273638
December 2028 249731 235746 263716
Parma Housing Market Forecast with Real Estate Prices for 2029
January 2029 250197 225428 274967
February 2029 250618 235330 265905
March 2029 251353 231748 270959
April 2029 252888 237715 268061
May 2029 254533 230353 278714
June 2029 255993 233466 278521
July 2029 257094 233956 280233
August 2029 258385 243915 272854
September 2029 259894 239102 280685
October 2029 261138 242336 279940
November 2029 262587 242630 282543
December 2029 264295 246852 281739
Parma Housing Market Forecast with Real Estate Prices for 2030
January 2030 266015 250852 281178
February 2030 267745 245255 290236
March 2030 269488 245773 293202
April 2030 270160 245035 295285
May 2030 269185 244420 293950
June 2030 268213 248902 287524
July 2030 267677 246531 288824
August 2030 267989 243334 292644
September 2030 269732 254897 284568
October 2030 271487 256555 286419
November 2030 273254 252486 294021
December 2030 275032 253854 296209
Parma Housing Market Forecast with Real Estate Prices for 2031
January 2031 276821 249693 303950
February 2031 278622 261348 295897
March 2031 280435 261365 299505
April 2031 280862 266538 295186
May 2031 280017 264056 295978
June 2031 279061 255620 302502
July 2031 278752 260633 296871
August 2031 278693 264201 293185
September 2031 278436 262286 294585
October 2031 278415 254471 302359
November 2031 278866 252652 305079
December 2031 280378 254023 306734
Parma Housing Market Forecast with Real Estate Prices for 2032
January 2032 282203 258498 305908
February 2032 284039 267848 300229
March 2032 285887 268162 303612
April 2032 287747 260699 314795
May 2032 289619 262684 316554
June 2032 291503 269349 313658
July 2032 292882 266815 318948

> 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.