Parma Housing Market Report February 2025•Monroe County, New York

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Housing Prices in Parma, NY

How much do homes in Parma, NY cost?

Housing Market Conditions

Is Parma, NY a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Parma is a Seller's Market

Difference Since January 2025

Last month, Parma has remained a Seller's Market.

Insight

Parma is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$237,500$213/SqFt
-$53,500
-18.4%

Based on all homes sold in February 2025

Insight

Homes in Parma have sold for 18.4% less than they did a month ago.

Summary: The median home sold price in Parma was $237,500 in February 2025, down 18.4% from last month, and the median price per square foot was $213.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2025Feb 2025Change MoM
1--
N/A
2-$213.5K
N/A
3$264.5K$299K
+13.0%
4$410.5K-
N/A
5$440K-
N/A

Summary: Parma housing price by bedroom type for February 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +13.0%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does Parma, NY compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Parma, NY

Housing supply in Parma, NY

How many homes are available in Parma, NY?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
14Last MonthFeb 2025
212 months agoJan 2025
-33.3 %
Change MoMJan – Feb

Summary: The Parma real estate market had 14 homes for sale in Feb 2025, a 33.3 % decrease compared to Jan 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
4Last MonthFeb 2025
52 months agoJan 2025
-20.0 %
Change MoMJan – Feb

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
100
0.0%
531
-66.7%
233
0.0%
374
-42.9%
486
-25.0%

Summary: Parma housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 5 bedroom homes decreased by -66.7%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -42.9%. The inventory for 4 bedroom homes decreased by -25.0%.

Asking Price vs. Sold Price

How much do homes in Parma, NY cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price3 Homes

At Asking Price0 Home

Under Asking Price1 Home

Insight

If you're buying a home in Parma, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Parma in February 2025, down by 20.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and and 75% were sold over asking.

Days on Market for Parma, NY

How long does it take to sell a home in Parma, NY?

Breakdown of Home Sale Times

Under 30 Days4 Homes

30 – 90 Days0 Home

Over 90 Days0 Home

Insight

Many homes in Parma are selling fast, if you're buying plan to act quickly.

Summary: During February 2025, 4 homes were sold in Parma; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
14 DaysLast MonthFeb 2025
9 Days1 month agoJan 2025
+54.9 %
Change MoMJan – Feb

Summary: Homes in Parma had an average listing age of 14 days in Feb 2025, up by 54.9% compared to the previous month.

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Newest Listings in Parma, NY

What homes are available in Parma, NY?

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MLS Disclaimers and Copyright

Based on information from New York State Alliance of MLS, for the period 01/01/2025 - 03/01/2025

IDXThe data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
harmless.

© 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 3/15/2025, 12:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.