Compare: Georgia vs Parchment
Home Values in Georgia and Parchment
|Zillow Home Value IndexWhat's this?||$118,700||vs||$96,700|
|Median List Price||$172,000||vs||$102,000|
|Median Sale Price||$164,400||vs||$119,000|
|Total Homes Sold in Oct||17307 homes||vs||11 homes|
Georgia tends to be more expensive for home buyers than Parchment, MI. During the last year, Georgia home values have risen by 9.6%, while Parchment home values have risen by 11.8%. The median sale price in Georgia is $164,400, but the median listing price was $172,000, a 4.4% discount. Meanwhile in Parchment, the median selling price is $119,000, and the starting price had a median of $102,000, a 16.7% increase. In October, Georgia home sellers managed to move 17307 houses, while Parchment saw 11 transactions.
Demographics in Georgia and Parchment
|Median Household Income||$44,881||vs||$40,074|
|Homes with Kids||33.0%||vs||28.6%|
|Average Household Size||2.6||vs||2.3|
|Average Commute Time (Minutes)||28||vs||19|
At $40,074, the median income in Parchment is $4,807 less than in Georgia, and $4,438 lower than the national average. Georgia has a younger median age, at 34, compared to 36 in Parchment, and a longer average commute. The average commute in Parchment is 19 minutes and the average commute in Georgia is 28 minutes.