Current Price

$193,052

1 Month Forecast

â–² $213,876

1-Year Forecast *

â–² $221,183

5-Year Forecast *

â–² $272,963

"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 2026-02-15. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Parma" area is 272,963 USD by 2031-02-15. For a 5-year investment the profit is expected to be around +41.39% meaning that investing 100000 USD today may yield a profit of 41,394 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: $221,183* (upside of 14.6%)

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 $89,960 $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 221,183 USD in one year.

Is it profitable to invest in Parma homes?

Yes. The long-term profit potential is +14.57% 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 257,860 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 333,567 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 6.806% to 193,052 USD, between 2025-02-15 and 2026-02-15

The average annual profit of property investment was:

  • 12.872% in 2021
  • 13.242% in 2022
  • 13.432% in 2023
  • 15.972% in 2024
  • 13.942% in 2025
  • 13.732% in 2026

Based on our Parma real estate market research and report the predicted sales prices will increase by 289.734% in the next 10 years.

Over the last 12 months, the value of homes in Parma fluctuated: increasing 5 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 213876 198477 229275
September 2025 215274 203649 226898
October 2025 216681 200863 232498
November 2025 218097 203484 232709
December 2025 219522 205253 233791
Parma Housing Market Forecast with Real Estate Prices for 2026
January 2026 220070 204665 235475
February 2026 219285 203277 235292
March 2026 218502 197745 239260
April 2026 218066 197350 238782
May 2026 218320 198234 238405
June 2026 219747 202167 237326
July 2026 221183 207027 235338
August 2026 222628 203928 241329
September 2026 224083 205933 242234
October 2026 225548 207504 243592
November 2026 227022 212038 242005
December 2026 228506 209311 247700
Parma Housing Market Forecast with Real Estate Prices for 2027
January 2027 228854 208257 249450
February 2027 228165 210140 246190
March 2027 227386 208740 246032
April 2027 227134 214642 239627
May 2027 227086 204605 249568
June 2027 226876 215079 238674
July 2027 226860 205762 247958
August 2027 227227 211548 242906
September 2027 228459 205842 251077
October 2027 229953 207647 252258
November 2027 231455 209930 252981
December 2027 232968 218291 247645
Parma Housing Market Forecast with Real Estate Prices for 2028
January 2028 234491 217373 251609
February 2028 236023 215489 256557
March 2028 237566 218085 257046
April 2028 238689 220549 256830
May 2028 240031 223469 256594
June 2028 241063 227081 255045
July 2028 242638 222014 263263
August 2028 244224 223954 264495
September 2028 245820 221484 270157
October 2028 247427 226396 268458
November 2028 249044 236094 261994
December 2028 250569 236788 264350
Parma Housing Market Forecast with Real Estate Prices for 2029
January 2029 251545 230667 272423
February 2029 252015 236894 267136
March 2029 252438 227952 276925
April 2029 253179 230393 275965
May 2029 254725 237913 271537
June 2029 256390 239468 273311
July 2029 257860 240326 275395
August 2029 258969 244208 273730
September 2029 260269 241530 279009
October 2029 261789 238228 285350
November 2029 263042 246734 279351
December 2029 264502 250483 278520
Parma Housing Market Forecast with Real Estate Prices for 2030
January 2030 266230 243867 288594
February 2030 267970 254304 281637
March 2030 269722 243019 296424
April 2030 271484 254924 288045
May 2030 273259 247572 298945
June 2030 273941 247916 299965
July 2030 272963 246486 299441
August 2030 271989 248870 295108
September 2030 271446 246473 296419
October 2030 271762 252467 291057
November 2030 273538 246458 300618
December 2030 275326 256053 294599
Parma Housing Market Forecast with Real Estate Prices for 2031
January 2031 277125 250244 304007
February 2031 278937 260806 297067
March 2031 280760 265318 296201
April 2031 282595 263943 301246
May 2031 284441 257135 311748
June 2031 284874 256387 313362
July 2031 284018 256184 311851
August 2031 283048 257856 308239
September 2031 282734 256157 309312
October 2031 282674 264018 301331
November 2031 282413 260385 304442
December 2031 282392 266296 298489
Parma Housing Market Forecast with Real Estate Prices for 2032
January 2032 282850 263616 302084
February 2032 284384 269880 298887
March 2032 286243 270499 301986
April 2032 288113 268233 307993
May 2032 289996 263607 316386
June 2032 291892 268540 315243
July 2032 293799 273821 313778

> 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.