Housing Prices in Parchment, MI

How much do homes in Parchment, MI cost?

Median List Price

$224,950

$169/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$27,950(+14.2%)

Key Takeaway

The list price of homes in Parchment has increased by 14.2% since last year.

Summary: The median home list price in Parchment was $224,950 in October 2024, up 14.2% from the previous year, and the median price per square foot was $169.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $170K$149.9K
-11.8%
3 $197K$197.7K
0.4%
4 $249.9K$249.9K
0.0%
5+ -$274K
N/A

Summary: Parchment housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.8%, 3 bedroom homes increased by 0.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Cooper Charter Township
+14.3%
Parchment
+14.2%
Kalamazoo Charter Township
+6.7%
Kalamazoo
+6.5%

Housing Supply in Parchment, MI

How many homes are available in Parchment, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
440.0%

Summary: The Parchment real estate market had 4 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 12
+100.0%
4 32
-33.3%
5+ 00
0.0%

Summary: The Parchment housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Days on Market for Parchment, MI

How long does it take to sell a home in Parchment, MI?

Average Listing Age

Oct 2023Oct 2024CHANGE
124 Days43 Days-65.3%

Summary: Homes in Parchment had an average listing age of 43 days in Oct 2024, down by 65.3% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Parchment, MI

Nearby Markets to Parchment, MI

What housing markets are near Parchment, MI?