$995
2 bd1 ba- sqft
118 N Riverview Dr APT 2
Parchment, MI Housing Market
$208,078
2.5% 1-yrThe average Parchment, MI home value is $208,078, up 2.5% over the past year.
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Parchment Key Takeaways
Typical Home Values: $208,078
1-year Value Change: +2.5%
(Data through June 30, 2025)
Parchment Housing Market Overview
--1-year Market Forecast
--For sale inventory(June 30, 2025)
--New listings(June 30, 2025)
--Median sale to list ratio
--Median sale price(May 31, 2025)
--Median list price(June 30, 2025)
--Percent of sales over list price
--Percent of sales under list price
--Median days to pending
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Parchment
- NameMedian ZHVI
- Burke Acres$182,556
- Northside$87,053
- Eastwood$161,057
- Eastside$124,574
- Central Business District$274,245
- West Douglas$143,635
- Stuart$199,459
- West Main Hill$306,849
- Edison$110,323
Move forward with a local partner
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact on your credit score.
An equal housing lender. NMLS #10287.
Parchment Rental Market Trends
--Average rent in Parchment
$2,069National average rent(June 30, 2025)
--Month-over-month change
--Year-over-year change
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
