Zip Code 44134

Parma, OHCuyahoga County

Real Estate Market Analysis

Q3 2025 Report
$185,000 (2025 est.)
Median Home Value
~48,000
Population
$58,500
Median Income
Bottom 50% in Ohio (#478/918) [2][4]
School District Rating

Market Statistics

Property Values

$185,000 (2025 est.)
Median Home Value
$1,350/mo (2025 est.)
Median Rent
$140 (2025 est.)
Price per Sq Ft

Market Performance

Home Appreciation4.2% YoY (2024-2025)
Market VelocityAverage DOM: 22 days; 98% of list price
Foreclosure RateLow; below state average

Area Information

Area Size~8.5 sq mi
CountyCuyahoga
Primary CityParma

Housing Profile

Housing Statistics

Total Housing Units~21,000
Owner Occupied65%
Rental Properties35%
Vacant Units4%
New ConstructionLimited; infill and small-scale multifamily

Housing Types

Single-family detachedDuplexesSmall apartment buildings (2-4 units)Townhomes

Demographics

~48,000
Population
41
Median Age
$58,500
Median Income
96% (2025 est.)
Employment Rate
High school grad or higher: 91%; Bachelor's or higher: 24%
Education Levels
Mix of families, singles, and seniors; 28% households with children
Family Composition

Education Quality

School District Performance

Bottom 50% in Ohio (#478/918) [2][4]
District Rating
School DistrictParma City School District
Test ScoresMath: 45-74% proficient; Reading: 50-69% proficient (varies by school) [1][2]
Graduation Rates~87% (2025 est.)

Schools in Area

  • Dentzler Elementary School
  • John Muir Elementary School
  • Thoreau Park Elementary School

Economic Factors

Employment & Business

Job Growth1.8% YoY (2024-2025)
Unemployment Rate4.1% (2025 est.)
Business EnvironmentStable, service-oriented
Commercial ActivityRetail corridors, healthcare, light industrial

Major Employers

  • Cleveland Clinic
  • Parma City School District
  • Retail & logistics centers
  • Local government

Infrastructure & Quality of Life

Infrastructure

Transportation Access

  • I-480
  • State Route 176
  • RTA bus lines

Utilities & Services

  • Electric (FirstEnergy)
  • Gas (Dominion)
  • Water/Sewer (City of Cleveland)

Quality of Life

Safety & Environment

Moderate; property crime slightly above state average, violent crime below average

Good; suburban green space, some traffic noise near highways

Healthcare Access

  • UH Parma Medical Center
  • Cleveland Clinic Family Health Center

Development Trends

Planned Developments

  • Small-scale multifamily infill
  • Retail center renovations

Infrastructure Projects

  • Road resurfacing (2025)
  • Stormwater upgrades

Investment Outlook

Growth Outlook

Stable, slow growth; focus on revitalization

Investment Opportunities

  • Value-add single-family rentals
  • Small multifamily acquisitions

Marketing Intelligence

Target Demographics

  • First-time buyers
  • Young families
  • Downsizers/retirees
  • Local investors

Competitive Advantages

  • Lower prices than inner-ring suburbs
  • Strong community identity
  • Convenient highway access

Pricing Strategies

Competitive pricing with incentives for quick close

Common Objections & Response Strategies

Objection: School ratings are lower than some nearby suburbs.

Response Strategy:

Highlight specific schools with above-average scores and recent district improvements; emphasize extracurriculars and community involvement.

Objection: Older housing stock may need updates.

Response Strategy:

Promote renovated listings and available renovation loans; highlight solid construction and value pricing.

Objection: Perceived higher property crime.

Response Strategy:

Provide recent crime trend data showing improvements; highlight neighborhood watch programs and police presence.

Professional Recommendations

1

Focus on move-in ready and updated homes for marketing.

2

Educate buyers on renovation financing and local grant programs.

3

Network with local employers and healthcare providers for relocation leads.

4

Highlight community events and amenities in listings.

5

Monitor school district developments and communicate improvements to buyers.

Competitive Analysis

Comparable Markets

  • 44129 (Parma)
  • 44130 (Middleburg Heights)
  • 44109 (Old Brooklyn)

Market Positioning

Affordable, stable, family-friendly suburb with urban access

Competitive Advantages

  • Lower median price than 44130 and 44109
  • Higher owner-occupancy than 44109

Price Comparison

~10% lower median home price than 44130; similar to 44129

Investment Metrics

6.2% (single-family rental, 2025 est.)
Cap Rates
7.1% gross yield (2025 est.)
Rental Yields
11.4
Price-to-Rent
Positive for well-maintained rentals; low vacancy risk
Cash Flow
3-4% annually (2025-2028)
Appreciation

Buyer Journey Insights

First-Time Buyers

Attracted by affordability and FHA/VA loan eligibility; may need education on renovation options.

Move-Up Buyers

Seek larger or updated homes; inventory is limited but value is strong.

Downsizers

Appreciate single-level homes and proximity to healthcare; active senior community.

Investors

Target small multifamily and single-family rentals for stable cash flow.

Relocators

Drawn by suburban amenities, highway access, and lower cost of living.

This zip code analysis was generated using comprehensive market data and AI intelligence.

Market conditions change rapidly - consult with local real estate professionals for the most current information.

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