What is the median home value in Parma Heights, OH?
The median value of owner-occupied homes in Parma Heights, OH is $175,100 (±$5,588), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Parma Heights, the median home value went from $116,500 in 2015–2019 to $175,100 in 2020–2024 (+50.3%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median home value
- $175,100 (±$5,588)
- Owner-occupied homes
- 5,344 (±447)
- Most common range
- $150,000 to $199,999
Home values in Parma Heights
| Value | Parma Heights | Cuyahoga County | Ohio | United States |
|---|---|---|---|---|
| Less than $50,000 | 3.0% (±1.2 points) | 6.7% | 6.3% | 5.3% |
| $50,000 to $99,999 | 5.5% (±2.5 points) | 12.2% | 10.0% | 6.1% |
| $100,000 to $149,999 | 18.8% (±3.5 points) | 15.3% | 13.4% | 6.8% |
| $150,000 to $199,999 | 42.1% (±5.6 points) | 17.1% | 16.3% | 9.0% |
| $200,000 to $299,999 | 26.9% (±4.0 points) | 22.1% | 23.3% | 17.8% |
| $300,000 to $499,999 | 3.2% (±2.1 points) | 18.4% | 21.8% | 26.9% |
| $500,000 to $999,999 | 0.3% (±0.3 points) | 7.0% | 7.7% | 20.9% |
| $1,000,000 or more | 0.1% (±0.2 points) | 1.2% | 1.2% | 7.1% |
The most common range is $150,000 to $199,999, 42.1% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
Parma Heights against Cuyahoga County, its state and the nation
| Parma Heights | Cuyahoga County | Ohio | United States | |
|---|---|---|---|---|
| Median home value | $175,100 (±$5,588) | $195,400 (±$1,919) | $214,800 (±$742) | $332,700 |
| Owner-occupied homes | 5,344 (±447) | 329,173 (±2,737) | 3,267,904 (±16,882) | 84,210,142 |
In Parma Heights, the median home value is lower than in Cuyahoga County ($195,400).
It is also lower than in Ohio ($214,800).
It is lower than the national figure ($332,700).
In Cuyahoga County, Parma Heights ranks 42 of 59 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 1220 of 2,341.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Parma Heights have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $116,500 (±$2,377) | $175,100 (±$5,588) | +50.3% | Up after inflation |
| Median owner cost with a mortgage | $1,168 (±$37) | $1,376 (±$36) | +17.8% | No measurable change after inflation |
| Median real estate taxes | $2,954 (±$105) | $3,459 (±$150) | +17.1% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median home value in places near Parma Heights
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Parma Heights | — | $175,100 (±$5,588) | — |
| Parma | 1.7 mi | $170,100 (±$2,385) | Not measurably different |
| Middleburg Heights | 2.9 mi | $228,400 (±$6,624) | Higher |
| Brook Park | 3.4 mi | $169,600 (±$4,343) | Not measurably different |
| Brooklyn | 3.6 mi | $163,100 (±$5,198) | Lower |
| Linndale | 4.3 mi | $97,500 (±$57,136) | Lower |
| Seven Hills | 4.4 mi | $258,000 (±$8,055) | Higher |
| North Royalton | 4.7 mi | $292,600 (±$14,676) | Higher |
| Berea | 5.3 mi | $198,100 (±$8,382) | Higher |
Nearby places with a measurably lower figure: Brooklyn, OH ($163,100), Linndale, OH ($97,500).
Nearby places with a measurably higher figure: Middleburg Heights, OH ($228,400), Seven Hills, OH ($258,000), North Royalton, OH ($292,600).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Cuyahoga County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 36 | Cuyahoga Heights | $212,300 (±$20,923) |
| 37 | Lyndhurst | $212,200 (±$7,267) |
| 38 | Richmond Heights | $208,800 (±$11,732) |
| 39 | Mayfield Heights | $205,200 (±$7,429) |
| 40 | Berea | $198,100 (±$8,382) |
| 41 | Cleveland Heights | $192,100 (±$7,848) |
| 42 | Parma Heights | $175,100 (±$5,588) |
| 43 | Oakwood (Cuyahoga County) | $172,300 (±$38,472) |
| 44 | Parma | $170,100 (±$2,385) |
| 45 | Brook Park | $169,600 (±$4,343) |
| 46 | Brooklyn | $163,100 (±$5,198) |
| 47 | Bedford Heights | $156,500 (±$8,423) |
| 48 | South Euclid | $153,700 (±$4,906) |
Showing 13 of 59 places in Cuyahoga County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Parma Heights
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Parma Heights beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Parma Heights, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Parma Heights, and send estimates and invoices from your phone.
Questions about Parma Heights
What is the average home value in Parma Heights, OH?
The Census Bureau publishes the median: $175,100 (±$5,588) for owner-occupied homes in Parma Heights (2020–2024 American Community Survey).
Have home values in Parma Heights gone up?
In Parma Heights, the median home value went from $116,500 in 2015–2019 to $175,100 in 2020–2024 (+50.3%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Is this what homes in Parma Heights sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Parma Heights city, Ohio
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Parma Heights city, Ohio
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Parma Heights city, Ohio
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Parma Heights city, Ohio
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Parma Heights city, Ohio (place:61028, in state:39).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Parma Heights at a glance
- Median rent in Parma Heights
- Rent by bedrooms in Parma Heights
- Rent burden in Parma Heights
- Renters and owners in Parma Heights
- Income and affordability in Parma Heights
- Homeowner costs in Parma Heights
- Property taxes in Parma Heights
- Types of homes in Parma Heights
- Bedrooms in Parma Heights
- Age of homes in Parma Heights
- Vacancy rate in Parma Heights
- Heating fuel in Parma Heights
- Commute and cars in Parma Heights
- Crime reported to police in Parma Heights
- Population growth in Parma Heights
- How long people stay in Parma Heights
- Crowding and facilities in Parma Heights
- Ohio landlord and tenant rules
- Housing across Cuyahoga County
- Ohio places ranked by median home value
- Housing data for every place in Ohio