Parchment, MI Housing Statistics

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26%

Med. Home Val. NAT. AVG.

9%

Rent NAT. AVG.

7%

Owner Occ. NAT. AVG.

Parchment Housing Information

Index	Parchment	Michigan	National
Median home price	$243,001	$235,809	$326,622
Median rent asked	$1,311	$1,222	$1,444
Avg. people per household	2.3	2.5	2.6
Owner occupied households	59.3%	70.8%	63.6%
Renter occupied households	40.7%	29.2%	36.4%

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Homes For Sale In Parchment, MI

312 N Riverview Dr

Kalamazoo, MI

224 Maple St

Kalamazoo, MI

1223 Parchmount Ave

Kalamazoo, MI

114 E Thomas St

Parchment, MI

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Housing Quick Facts

The median home price in Parchment is 26% 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

	Population	Home Price	National Avg.
South Gull Lake, MI	1,657	$0	100%
Galesburg, MI	2,274	$121,843	63%
Eastwood, MI	5,884	$152,788	53%
Augusta, MI	860	$180,849	45%
Lawton, MI	1,591	$196,869	40%
Parchment, MI	1,936	$243,001	26%

Cities with similar population

	Population	Home Price	National Avg.
Southport, IN	1,936	$245,253	25%
Colfax, IA	1,935	$207,199	37%
Wilkinson Heights, SC	1,937	$144,029	56%
Van Horn, TX	1,935	$110,474	66%
Kenyon, MN	1,935	$238,493	27%
Parchment, MI	1,936	$243,001	26%

Source: The Parchment, MI housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.