Home prices
The value of the median home in Parkman is $115,000. In comparison to its surrounding areas this is about $42,680 (27%) lower.Compared to the rest of the nation it is about $102,500 (47%) lower, and compared to the city of Cleveland it is roughly $45,400 (65%) higher.
Rents
Parkman's median rent is $643 a month. Compared to its surrounding areas this is roughly $97 (13%) lower.In comparison to the US as a whole it is roughly $419 (39%) lower, and is roughly $76 (10%) lower in comparison to the city of Cleveland.
Nearby places
West Farmington
West Farmington is about 3 miles east from Parkman. Its housing prices are somewhat less expensive. The value of the median home in West Farmington is $101,600, which comes out to $13,400 (13%) lower than Parkman. Rent there is fairly similar. West Farmington's median monthly rent is $673, which comes out to $30 (4%) higher than Parkman.
Hiram
Hiram is approximately 5 miles southwest of Parkman. Its real estate prices are significantly more expensive. The median home in Hiram is valued at $200,000, which is $85,000 (42%) higher than Parkman. Rent there is a little more expensive. The median rent in Hiram is $764 a month, which works out to $121 (15%) higher than Parkman.
Middlefield
Middlefield is roughly 5 miles north of Parkman. Its real estate prices are a bit more expensive. The median home in Middlefield is valued at $160,100, which works out to $45,100 (28%) higher than Parkman. Rents there are a little more expensive. In Middlefield the median monthly rent is $692, which works out to $49 (7%) higher than Parkman.
Garrettsville
Garrettsville is roughly 6 miles south from Parkman. The housing prices there are significantly more expensive. The median home in Garrettsville is valued at $169,300, which works out to $54,300 (32%) higher than Parkman. Rents there are a little more expensive. In Garrettsville the median rent is $714 a month, which is $71 (9%) higher than Parkman.
Burton
Burton is about 7 miles northwest from Parkman. Real estate prices there are a bit more expensive. Burton's median home price is $157,400, which comes out to $42,400 (26%) higher than Parkman. Its rents are somewhat more expensive. In Burton the median monthly rent is $856, which works out to $213 (24%) higher than Parkman.
