Compare: Parma vs Independence
Home Values in Parma and Independence
|Zillow Home Value IndexWhat's this?||$92,000||vs||$194,400|
|Median List Price||$92,000||vs||$214,900|
|Median Sale Price||$87,200||vs||$188,900|
Parma, OH tends to be less expensive for home buyers than Independence, OH. During the last year, Parma home values have risen by 0.5%, while Independence home values have fallen by 0.6%. The median sale price in Parma is $87,200, but the median listing price was $92,000, a 5.2% discount. Meanwhile in Independence, the median selling price is $188,900, and the starting price had a median of $214,900, a 12.1% discount.
Demographics in Parma and Independence
|Median Household Income||$43,920||vs||$57,733|
|Homes with Kids||28.9%||vs||32.8%|
|Average Household Size||2.4||vs||2.6|
|Average Commute Time (Minutes)||26||vs||24|
At $57,733, the median income in Independence is $13,813 more than in Parma, and $13,221 higher than the national average. Parma has a younger median age, at 40, compared to 42 in Independence, and a longer average commute. The average commute in Independence is 24 minutes and the average commute in Parma is 26 minutes.