Parma, OH Real Estate
According to census data in the year 2000 there were 36,414 housing units in Parma.
This represents a 2.3% growth from 35,589 in 1990.
Of those housing units, 36,414 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Parma is about 77.5%.
Parma's vacancy rate, including seasonal lodging, is about 3.5%.
Average household size is 2.4 people.
The majority of houses, apartments or condos in Parma were built after 1957.
|Housing Units by Size|
|Five Bedrooms or more||1.20%|
Owned Homes, Apartments and Condos
|Average Household Size||2.51|
|Median year structure was built||1956|
|Median Value of occupied units||$113,500|
|Median Price asked for vacant units||$111,200|
Rented Homes, Apartments and Condos
|Average Household Size||2.02|
|Median year structure was built||1965|
|Median Monthly Rent asked for vacant units||$573|
Owners Finance Status
|Second Mortgage & Equity Loan||0.40%|
|Home Equity Loan||12.10%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||18.3%|