Welcome to our 44129 real estate data hub, tailored for investors in Parma, OH. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 44129 in Parma, OH. Discover Section 8 housing opportunities and challenges to maximize your investment potential in CUYAHOGA COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Parma, OH real estate investing. Uncover the wealth of information available, and position yourself for success in the Parma property market.
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Location Overview
- Zip Code: 44129
- City: Parma
- State: OH
- Metro Area: Cleveland-Elyria, OH
- County Name: CUYAHOGA COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $167,777
- Average Home Price (Single Family Homes): $168,145
- Average Monthly Rental Price (All Types): $1,011
- Price-to-Rent Ratio: 14
- Zillow Projected % appreciation from 4/2023-4/2024: 0%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,010
- Average 3 Bedroom Section 8 Rental Rates: $1,310
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 13.84
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 10.67
- Number of Units Offered in Section 8 in the County: 14391
- Number of Occupied Units in Section 8 in the County: 13533
- Percentage of Section 8 Units Occupied in the County: 94%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 116.61
- Total % Appreciation since 2000 (Government Data): 48.91
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.82%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 3.8%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 22.31%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 35.24%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 66.63%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 24.26%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 20.97%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): -2.38%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%