Parchment Home Prices & Values

$105,700 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 12.8% 1-year change
  • 5.5% 1-year forecast

The median home value in Parchment is $105,700. Parchment home values have gone up 12.8% over the past year and Zillow predicts they will rise 5.5% within the next year. The median price of homes currently listed in Parchment is $119,900 while the median price of homes that sold is $119,000.

Relative ZHVI
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Parchment Market Overview

Data through Jul 31, 2014
  • $105,700 ZHVI
  • 5.5% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jul 31, 2015)
  • $119,900 Median listing price
  • No recent data Median sale price
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Parchment Market Health

Data through Jul 31, 2014
  • 8.7/10 Very healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average days on Zillow
  • No data Homes with negative equity (17.0% US Avg)
  • No data Delinquent on mortgage (6.9% US Avg)
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Richland $191,200 Comstock Northwest $126,100 Cooper Township $124,800
Comstock Township $102,700 Kalamazoo $71,500 Eastwood $56,900

Listings & Sales

Data through Jul 31, 2014
  • No recent data Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 66.7% Listings with price cut
15.4%
Sold below listing
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Parchment Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$960 Kalamazoo Metro
$1,318 United States
  • 2.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • No data Rent list price
  • No data Rent list price / sq ft
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