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Parma Heights, OH

Full City Profile · Ohio · Cuyahoga County County

3.2 /5.0
B Good
20,616 Population 4,909/sq mi density
$59,218 Median Income $34,834 per capita
$165,800 Home Value $209,553 Zillow
$1,072 Median Rent 33.2% income on rent
52°F Avg Temperature 275 sunny days/yr
74 Violent Crime/100K 1,659 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$59,218 median income, 2.5% unemployment
A+
Affordability
5.0 / 5.0
$165,800 home value, $1,072/mo rent
F
Safety
1.0 / 5.0
74 violent crimes/100K
B
Education
3.2 / 5.0
27.4% bachelor's degree or higher

Housing Overview

Median Home Value
$165,800
41% below
US avg: $281,900
Median Rent
$1,072/mo
8% below
US avg: $1,163/mo
Homeownership Rate
58.1%
11% below US avg (65.4%)
Total Housing Units
9,941
Median year built: 1959

Home Value by Source

Census Median
$165,800
Zillow (ZHVI)
$209,553
Median Sale Price
$225,000
Median List Price
$229,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

58.1%
Owner-Occupied
41.9%
Renter-Occupied
58%
42%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$816/mo
1 Bedroom
$873/mo
2 Bedroom
$1,092/mo
3 Bedroom
$1,388/mo
4 Bedroom
$1,550/mo
Census median rent: $1,072/mo · Zillow rent: $1,241/mo

Market Indicators (Redfin)

Median Days on Market
40 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
8
Price Drops
23.5%
of listings with price reduction
Price Per Sq Ft
$174
Active Inventory
17
homes for sale

Affordability & Housing Stock

Rent Burden
33.2%
of renters spending 30%+ of income on housing
7% above US avg (31.0%)
Median Year Built
1959
Average age of housing stock: 67 years
Homeownership Rate
58.1%

Complete Housing Data

Home Values

Census Median Value$165,800
Zillow Home Value (ZHVI)$209,553
Median Sale Price$225,000
Median List Price$229,900
Price Per Sq Ft$174

Rent

Census Median Rent$1,072
Zillow Rent (ZORI)$1,241
FMR Studio$816
FMR 1-Bedroom$873
FMR 2-Bedroom$1,092
FMR 3-Bedroom$1,388
FMR 4-Bedroom$1,550

Market

Days on Market40
Sale-to-List Ratio1.0%
Price Drops23.5%
Homes Sold8
Active Inventory17
Price Per Sq Ft$174

Ownership & Stock

Owner-Occupied58.1%
Renter-Occupied41.9%
Homeownership Rate58.1%
Total Housing Units9,941
Median Year Built1959
Rent Burden33.2%