States · Ohio · Cuyahoga County

Parma, Ohio.

Typical home $215,078 (+3.9% in a year), asking rent $1,263 (+8.6%). Cleveland-Elyria, OH metro.

Property tax and schools in Parma

Parma’s own tax page → what a home here pays, who charges it, its levies and ballot, and its schools.

Parma is in Cuyahoga County, where its property tax is set. Its homes there are in the Parma City school district. Check your own bill.

What it costs per month · Parma $1,129/mo

to buy the typical home at today's mortgage rate — +$653 (+137%) since Jan 2020.

What the home itself did
1 year
Up $8,092 +4%
$206,985$215,078 since Sep 2025
5 years
Up $57,024 +36%
$158,053$215,078 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 Parma $1,129 Ohio $1,291 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • Parma$1,129
  • Ohio$1,291
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 11 years.

Typical home values in Parma, OH rose 3.9% over the past year — faster than the nation's +1.2%.

Asking rents in Parma, OH rose 8.6% over the past year — faster than the nation's +2.7%.

Owning the typical home in Parma runs $455/mo more than renting one. The gap peaked at $467 in May 2024.

That is $1,718 a month against $1,263 rent: a $1,129 mortgage payment, plus $359 property tax and $230 insurance & upkeep.

Owning vs renting — Parma

The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.

$500 $1,000 $1,500 2018 2019 2020 2021 2022 2023 2024 2025 2026 Owning all in $1,718 Renting $1,263 Mortgage only $1,129
$500 $1,000 $1,500 2018 2022 2026
  • Owning all in$1,718
  • Renting$1,263
  • Mortgage only$1,129

Property tax · $359/mo 2.00% of value a year — the ACS 2020-2024 median bill over the median home value for Cuyahoga County, OH

Insurance & upkeep · $230/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.

Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.

Living in Parma, Cuyahoga County, Ohio

Parma is a city of 81,146 people in Cuyahoga County. Half its households earn more than $69,295 a year and half less, against $64,468 across Cuyahoga County; 10% of its people live below the poverty line. 72% of its homes are lived in by their owners and 28% are rented. Unemployment in Parma was 1.7% in August 2026, and Cuyahoga County had 1.8% fewer jobs in 2025 than the year before. The most residents work in schools and health care, then manufacturing.

People 81,146 in the 2020 census; median age 42.4
Household income $69,295 the median, give or take $3,216 · Cuyahoga County: $64,468
Unemployment 1.7% Parma, August 2026; 3.4% a year before
Homes 72% lived in by their owners; 28% rented

Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.

What it’s like

The place. Parma is a city in Cuyahoga County, and its household incomes run above the county's. Most homes are lived in by their owners, and the people who live here are somewhat older than the typical American. Winters are cold, with a great deal of snow, and summers are warm, with a fair amount of rain through the year.

Work. Schools, hospitals and social care employ more of Parma's residents than any other field, followed by manufacturing, shops and professional and business services. Among the largest workplaces in Parma are Parma City Schools, UH Parma Medical Center and General Motors. Unemployment is low and has fallen over the past year, though across Cuyahoga County there are fewer jobs than there were a year earlier.

Things to do. The Rock and Roll Hall of Fame, a museum, and the Cuyahoga River are both a short drive away, as is Huntington Bank Field, a stadium. A longer drive brings you to Cuyahoga Valley National Park, a good place for a day outdoors.

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  • 34,287households
  • 24%of adults have a degree
  • 10%below the poverty line
  • 24 mintypical commute
  • 12%work from home

What residents work in

  • Schools, hospitals and social care20%
  • Manufacturing14%
  • Shops (retail)14%
  • Professional and business services10%
  • Restaurants, hotels and entertainment8%
  • Banks, insurance and property8%

Employed residents by industry, from the Census survey. Cuyahoga County had 692,694 jobs in 2025, 1.8% fewer than the year before (Bureau of Labor Statistics).

Weather through the year

Average daily high and low for each month: coldest in January, 36° and 22°; warmest in July, 84° and 65° 20° 40° 60° 80° J 36° 22° F M A M J J 84° 65° A S O N D
Average daily high and low for each month: coldest in January, 36° and 22°; warmest in July, 84° and 65° 20° 40° 60° 80° J 36° 22° F M A M J J 84° 65° A S O N D

Coldest in January, with highs near 36° and lows near 22°; warmest in July, with highs near 84° and lows near 65°. About 64 inches of snow and 41 inches of rain and melted snow a year.

Average daily high and low, 1991–2020, at the Cleveland weather station, 7 miles away (NOAA).

Largest workplaces in Parma

  1. Parma City SchoolsSchool district2,019FTE
  2. UH Parma Medical CenterGeneral hospital1,000FTE
  3. General MotorsMetal motor vehicle body parts stamping900
  4. Legacy Health ServicesNursing homes587
  5. WalmartWarehouse clubs and supercenters419
  6. Ricoh USAOffice equipment297
  7. Veterans Health AdministrationFederal government · Department of Veterans Affairs270
  8. Pleasant Lake VillaNursing homes242

Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 38 workplaces with 20 or more staff, 6,367 people in all. School districts come from the Common Core of Data (NCES, 2023–24), hospitals from their Medicare cost reports (CMS, 2023) and federal offices from OPM's federal workforce data (2026); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.

Natural hazards

  1. Cold wavesrelatively high in parts of ParmaRelatively moderate
  2. TornadoesRelatively moderate

FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Parma’s census tracts, against the rest of the country; all of them together, very low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.

From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Cuyahoga County and the Cleveland-Elyria, OH metro.

Parma home values

Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.

$100,000 $200,000 $300,000 2018 2020 2022 2024 2026 Parma $215,078 Ohio $245,982 United States $366,157
$100,000 $200,000 $300,000 2018 2022 2026
  • Parma$215,078
  • Ohio$245,982
  • United States$366,157

Sellers are cutting prices on about 1 in 4 Parma listings, and the typical home goes pending in 8 days — the market is cooling.

When this market ran hot

Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.

JFMAMJJASOND
2026
2025
2024
2023
2022
2021
2020
2019
2018
falling flat warming hot overheating runaway

Market heat, inside the city limits

Share of listings with a price cut

The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.

10% 20% 30% 2018 2019 2020 2021 2022 2023 2024 2025 2026 Parma 28.26% United States 26.90%
10% 20% 30% 2018 2022 2026
  • Parma28.26%
  • United States26.90%

Days to pending

How long the typical listing takes to go under contract.

20 40 60 2018 2019 2020 2021 2022 2023 2024 2025 2026 Parma 8 United States 27
20 40 60 2018 2022 2026
  • Parma8
  • United States27

Homes for sale

Active for-sale inventory. More supply hands power to buyers.

100 200 300 400 2018 2019 2020 2021 2022 2023 2024 2025 2026 Parma 233
100 200 300 400 2018 2022 2026
  • Parma233

New listings per month

Sellers arriving at the market.

50 100 150 2018 2019 2020 2021 2022 2023 2024 2025 2026 Parma 115
50 100 150 2018 2022 2026
  • Parma115

Median sale price

What buyers actually paid — closed sales, not asking prices.

$100,000 $200,000 $300,000 2018 2019 2020 2021 2022 2023 2024 2025 2026 Parma $215,219 United States $371,407
$100,000 $200,000 $300,000 2018 2022 2026
  • Parma$215,219
  • United States$371,407

Sale-to-list ratio

Above 100%, homes sell over asking; below, buyers negotiate wins.

97.5% 100.0% 102.5% 105.0% 2018 2019 2020 2021 2022 2023 2024 2025 2026 Parma 101.59%
97.5% 100.0% 102.5% 105.0% 2018 2022 2026
  • Parma101.59%

Zip codes with a Parma address

A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Parma — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.

Zip codes in Parma