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This means that the seller has already accepted an offer from a buyer but it has not yet closed. If the contract is contingent on certain items and those things do not pan out (i.e. the home inspection, the buyer's financing, etc.) the house will usually be placed back on the market.
Pending means that an offer is accepted and will changes to sold when the transaction closes and title changes. From time to time the seller will still accept a backup offer, in case the original buyer cancels prior to removal of the buyer's contingencies.
You didn't mention an address in Parma, so I will give you a general answer. When a property is pending, there is a contract on the house. That means that the Seller is not taking any other offers & there are no further showings. Back in the day, pending homes rarely come back on the market; they resulted in a sale. In our current times, at times the homes come back on the market. We now have short sales that can be in a pending stage waiting for a Lender to approve the terms of the Purchase Agreement for months. Some Buyers get tired of waiting for the Lender to give its approval, so the Buyers back out of the deal (as written in their Purchase Agreement). This is one example of a pending sale comes back to a for sale status.
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For Sale: $89,900
For Sale: $1,000
For Sale: $99,900