What is the housing market like in Parchment today?
In May 2025, Parchment home prices were down 55.6% compared to last year, selling for a median price of $110K.
$238K
Sale Price
$128
Sale $/Sq. Ft.
Under List Price
0.7%
Days on Market
8
Down Payment
—
Total Homes Sold
1
To compare other locations to the Parchment and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Parchment add value to a home.
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How hot is the Parchment housing market?
Parchment is somewhat competitive. Homes sell in 8 days.
0
100
42
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 8 days.
Hot homes
can sell for about 2% above list price and go pending in around 2 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Parchment housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Parchment.
Flood Factor - Minor
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Parchment has a minor risk of flooding. 44 properties in Parchment are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in Parchment. Flood risk is increasing slower than the national average.
8% of properties are at risk of wildfire over the next 30 years
Fire Factor
Parchment has a moderate risk of wildfire. There are 60 properties in Parchment that have some risk of being affected by wildfire over the next 30 years. This represents 8% of all properties in Parchment.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Parchment has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Parchment is most at risk from hurricanes. 728 properties in Parchment have some risk of being in a severe wind event within the next 30 years.