A+
27%
Med. Home Val. NAT. AVG.
9%
Rent NAT. AVG.
7%
Owner Occ. NAT. AVG.
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Parchment Housing Information

IndexParchmentMichiganNational
Median home price$134,300$127,800$184,700
Median rent asked$867$799$949
Avg. people per household2.32.52.6
Owner occupied households59.3%70.8%63.6%
Renter occupied households40.7%29.2%36.4%
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Housing Quick Facts

  • The median home price in Parchment is 27% lower than the national average.
  • The median rent asked in Parchment is 9% lower than the national average.
  • The average number of people per household in Parchment is 13% lower than the national average.
  • The number of owner occupied households in Parchment is 7% lower than the national average.
  • The number of renter occupied households in Parchment is 12% higher than the national average.

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      South Gull Lake, MI1,615$0100%
      Galesburg, MI2,201$66,00064%
      Eastwood, MI5,675$84,00055%
      Augusta, MI842$99,30046%
      Lawton, MI1,533$111,80039%
      Parchment, MI1,887$134,30027%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Sulligent, AL1,887$67,50063%
      Shippensburg University, PA1,887$0100%
      Kualapuu, HI1,887$210,90014%
      Brooklawn, NJ1,888$120,40035%
      Morton, TX1,888$30,30084%
      Parchment, MI1,887$134,30027%
      Source: The Parchment, MI housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).