New - 1 day on Rocket
Mike Kanser, Listing Office: ERA REARDON REALTY, L.L.C.
Parma Township Housing Market Report December 2024•Jackson County, Michigan
Housing Prices in Parma Township, MI
How much do homes in Parma Township, MI cost?
Housing Market Conditions
Is Parma Township, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Parma Township is a Seller's Market
Difference Since December 2023
Since last year, Parma Township has remained a Seller's Market.
Insight
Parma Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$195,750$128/SqFt
-$21,750
-10.0%
Based on all homes sold in the last 12 months
Insight
Homes in Parma Township have sold for 10% less than they did a year ago.
Summary: The median home sold price in Parma Township was $195,750 in December 2024, down 10% from last year, and the median price per square foot was $128.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Concord Township | $240K | $222.5K | -7.3% |
| Parma Township | $217.5K | $195.7K | -10.0% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | $88K | N/A |
| 22 Bedrooms | $141.9K | $174K | +22.6% |
| 33 Bedrooms | $217.5K | $195.7K | -10.0% |
| 44 Bedrooms | $242K | $250K | +3.3% |
| 55+ Bedrooms | $329K | $325K | -1.2% |
Summary: Parma Township housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +22.6%. The home price for 3 bedroom homes decreased by -10.0%. The home price for 4 bedroom homes increased by +3.3%. The home price for 5 bedroom homes decreased by -1.2%.
Housing supply in Parma Township, MI
How many homes are available in Parma Township, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 16Last MonthDec 2024 | ||
| 202 months agoNov 2024 | -20.0 % Change MoMNov – Dec |
Summary: The Parma Township real estate market had 16 homes for sale in Dec 2024, a 20.0 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 5Last MonthDec 2024 | ||
| 62 months agoNov 2024 | -16.7 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 4 | 3 | -25.0% |
| 33 Bedrooms | 9 | 7 | -22.2% |
| 44 Bedrooms | 4 | 4 | 0.0% |
| 55+ Bedrooms | 3 | 2 | -33.3% |
Summary: Parma Township housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -25.0%. The inventory for 3 bedroom homes decreased by -22.2%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes decreased by -33.3%.
Asking Price vs. Sold Price
How much do homes in Parma Township, MI cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price5 Homes
Insight
If you're buying a home in Parma Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Parma Township in December 2024, down by 16.7% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for Parma Township, MI
How long does it take to sell a home in Parma Township, MI?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days3 Homes
Over 90 Days2 Homes
Insight
Avg time on Rocket Homes in Parma Township has remained consistent over time.
Summary: During December 2024, 5 homes were sold in Parma Township; 0% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 100 DaysThis YearDec 2024 | ||
| 30 Days1 year agoDec 2023 | +229.7 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Parma Township had an average listing age of 100 days in Dec 2024, up by 229.7% compared to the previous year.
Connect With An Agent
Local real estate agents are ready to help you find a home here
Sell My Home
Sell your home with an expert or get the job done on your own.
Get Approved
Get a customizable mortgage solution based on today's rates.
Newest Listings in Parma Township, MI
What homes are available in Parma Township, MI?
New - 4 days on Rocket
$2,968 Closing Credit¹
Ruby Johnson, Listing Office: The Charles Reinhart Company
$2,255 Closing Credit¹
TAD FRENCH, Listing Office: Heart for Homes, LLC
$830 Closing Credit¹
DEANN E GUMBERT, Listing Office: RE/MAX MID-MICHIGAN R.E.
GEORGE PIERSON, Listing Office: Home 1st Real Estate
GEORGE PIERSON, Listing Office: Home 1st Real Estate
$1,543 Closing Credit¹
D2 Team, Listing Office: Your Premiere Properties LLC
$1,520 Closing Credit¹
Daniel Nelson, Listing Office: EXIT REALTY 1ST LLC
Backup offers
$3,918 Closing Credit¹
KIMBERLY J KURTZ, Listing Office: EXIT REALTY 1ST LLC
$2,078 Closing Credit¹
Glenda Carolina Sabo, Listing Office: Exit Great Lakes Realty
$8,608 Closing Credit¹
Britney Irvine, Listing Office: C-21 Affiliated - Jackson
Backup offers
TIMOTHY J ATKINS, Listing Office: ERA REARDON REALTY, L.L.C.
Nearby markets
Popular Cities with Homes for Sale in Michigan
- Homes for sale in Canton, MI
- Homes for sale in Grand Rapids, MI
- Homes for sale in Troy, MI
- Homes for sale in Warren, MI
- Homes for sale in Jackson, MI
- Homes for sale in Livonia, MI
- Homes for sale in Lansing, MI
- Homes for sale in Ann Arbor, MI
- Homes for sale in Royal Oak, MI
- Homes for sale in Macomb, MI
- Homes for sale in Kalamazoo, MI
- Homes for sale in Sterling Heights, MI
- Homes for sale in Battle Creek, MI
- Homes for sale in Flint, MI
- Homes for sale in Dearborn, MI
- Homes for sale in Waterford, MI
- Homes for sale in West Bloomfield, MI
- Homes for sale in Detroit, MI
- Homes for sale in Farmington Hills, MI
- Homes for sale in Rochester Hills, MI
- Homes for sale in Clarkston, MI
MLS Disclaimers and Copyright
Based on information from Michigan Regional Information Center LLC, Greater Lansing MLS, and RealComp II Ltd. for the period 01/01/2023 - 01/01/2025
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2025 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 4:25:13 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.Copyright © 2025 Greater Lansing Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 4:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 4:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.