Home prices
Parma's median home cost is $50,000. It is roughly $10,500 (17%) lower in comparison to other places in this area.Compared to the United States as a whole it is roughly $167,500 (77%) lower, and it is roughly $102,900 (67%) lower compared to the city of Jonesboro.
Rents
In Parma the median monthly rent is $816. In comparison to the surrounding areas this is about $187 (29%) higher.It is approximately $246 (23%) lower in comparison to the entire country, and is approximately $52 (6%) higher compared to the city of Jonesboro.
Nearby places
Risco
Risco is roughly 4 miles south from Parma. Housing prices there are a little more expensive. Risco's median home price is $61,000, which works out to $11,000 (18%) higher than Parma. The rent there is somewhat less expensive. In Risco the median rent is $715 per month, which comes out to $101 (14%) lower than Parma.
Malden
Malden is approximately 8 miles west of Parma. Its real estate prices are a bit more expensive. The median home cost in Malden is $65,100, which works out to $15,100 (23%) higher than Parma. The rent there is a little less expensive. In Malden the median monthly rent is $619, which is $197 (31%) lower than Parma.
Bernie
Bernie is approximately 8 miles northwest from Parma. The real estate prices there are somewhat more expensive. Bernie's median home price is $68,000, which is $18,000 (26%) higher than Parma. Rents there are a lot less expensive. In Bernie the median rent is $603 per month, which comes out to $213 (35%) lower than Parma.
Lilbourn
Lilbourn is approximately 10 miles east of Parma. Real estate prices there are somewhat more expensive. Lilbourn's median home cost is $63,400, which comes out to $13,400 (21%) higher than Parma. Rent there is significantly less expensive. The median rent in Lilbourn is $555 per month, which is $261 (47%) lower than Parma.
Howardville
Howardville is roughly 11 miles east of Parma. Housing prices there are a little less expensive. Howardville's median home price is $45,000, which comes out to $5,000 (11%) lower than Parma. The rent there is somewhat less expensive. Howardville's median monthly rent is $655, which comes out to $161 (24%) lower than Parma.