Parchment Housing Information - Census

IndexParchmentMichiganNational
Median home price$99,300$120,200$175,700
Median rent asked$742$780$920
Avg. people per household2.32.52.6
Owner occupied households57.4%71.5%64.4%
Renter occupied households42.6%28.5%35.6%

Parchment Housing Information - Zillow

IndexParchmentMichiganNational
Zillow home value index$101,300$126,100$188,100
Year over year appreciation rate3.79%5.88%5.14%
5 year average appreciation rate3.45%6.88%4.12%
10 year average appreciation rate-1.17%-1.03%-0.33%

Did you know?

  • The median home price in Parchment is 43% lower than the national average.
  • The median rent asked in Parchment is 19% lower than the national average.
  • The average number of people per household in Parchment is 11% lower than the national average.
  • The number of owner occupied households in Parchment is 11% lower than the national average.
  • The number of renter occupied households in Parchment is 19% higher than the national average.

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Compare Parchment, MI Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Galesburg, MI1,876$72,50059%
Eastwood, MI6,734$79,50055%
Allegan, MI5,030$83,70052%
Augusta, MI870$86,10051%
Lawton, MI1,698$93,30047%
Parchment, MI1,867$99,30043%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Bryant, WA1,867$277,70058%
North Plains, OR1,868$225,90029%
Minorca, LA1,866$51,70071%
Allegany, NY1,868$107,10039%
Hays, NC1,866$101,90042%
Parchment, MI1,867$99,30043%
Source: The Parchment, MI housing data displayed above is derived from the United States Census Bureau and Zillow data.