House Prices

House Prices & Home Values Parma, MO 2026


Average Data

average house price$13,317
average size per house931 ft²
average price per ft²15 $ / ft²

06/08/2026 - The value range (VR) for house prices in Parma, MO is $14/ sqft to $14/ sqft. An average home with 931 sqft costs approximately $13,034 to $13,034. Parma, MO includes 1 ZIP codes and it is located in New Madrid county. The lowest prices are found in ZIP 63870, while the highest are in ZIP 63870. The average price per sqare feet is $15. Our analysis is based on 6 property listings.

Avergage prices by ZIP codes Parma

6387015 $ / ft²




Historical development of home values in Parma

Year Estimated value (USD) Change vs. 2025
2010 $6,185 -53.6%
2011 $5,945 -55.4%
2012 $5,929 -55.5%
2013 $6,151 -53.8%
2014 $6,457 -51.5%
2015 $6,788 -49.0%
2016 $7,143 -46.4%
2017 $7,528 -43.5%
2018 $7,944 -40.3%
2019 $8,313 -37.6%
2020 $8,742 -34.4%
2021 $9,944 -25.3%
2022 $11,592 -13.0%
2023 $12,224 -8.2%
2024 $12,931 -2.9%
2025 $13,317 0.0%

Graph: estimated home values in Parma over time (USD)



Example: 100% financing house in Parma

Loan amount: $13,317

Interest rate: 6.00%

Fixed monthly payment: $79.84

Breakdown in the 1st month:
Interest portion: $66.59  –  Principal portion: $13.26

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $794.57 $163.53 $13,153.47
2 $784.48 $173.62 $12,979.84
3 $773.78 $184.33 $12,795.52
4 $762.41 $195.70 $12,599.82
5 $750.34 $207.77 $12,392.05
6 $737.52 $220.58 $12,171.47
7 $723.92 $234.19 $11,937.28
8 $709.47 $248.63 $11,688.64
9 $694.14 $263.97 $11,424.68
10 $677.86 $280.25 $11,144.43
11 $660.57 $297.53 $10,846.89
12 $642.22 $315.89 $10,531.01
13 $622.74 $335.37 $10,195.64
14 $602.05 $356.05 $9,839.59
15 $580.09 $378.01 $9,461.57
16 $556.78 $401.33 $9,060.25
17 $532.02 $426.08 $8,634.16
18 $505.74 $452.36 $8,181.80
19 $477.84 $480.26 $7,701.54
20 $448.22 $509.88 $7,191.66
21 $416.77 $541.33 $6,650.33
22 $383.39 $574.72 $6,075.61
23 $347.94 $610.17 $5,465.44
24 $310.30 $647.80 $4,817.64
25 $270.35 $687.76 $4,129.88
26 $227.93 $730.18 $3,399.70
27 $182.89 $775.21 $2,624.49
28 $135.08 $823.02 $1,801.47
29 $84.32 $873.79 $927.68
30 $30.43 $927.68 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Parma, MO


1500 sqft3900 sqft
Ø selling price$27,226$57,916
Ø fast selling$24,751$52,124
Ø high price sale$29,701$63,707

In 2026, houses in Parma, MO will be offered at an average price of $15 per square foot. A 1,500 sqft home priced at $27,226 is 23.94% more expensive per square foot than a 3,900 sqft home priced at $57,916. Home prices in Parma, MO vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $40,095. Sellers who can wait longer may achieve a higher price of up to $49,006.


Discover Parma, MO

Overview

Parma, MO is a small city in New Madrid County located in the fertile Missouri Bootheel.

Known for its tight-knit community and rural character, Parma offers classic small-town charm.

The city?s roots are tied to regional rail and farming history, which still shape daily life.

Economy & Lifestyle

Agriculture remains central, with cotton, soybeans, and rice fields surrounding Parma.

Residents support local businesses, churches, and civic groups that anchor community life.

Affordable housing, a low cost of living, and a relaxed pace make Parma, Missouri appealing for families and retirees.

Things to Do & Nearby

Outdoor enthusiasts explore nearby conservation areas, rivers, and parks across the Bootheel.

Day trips to Sikeston, New Madrid, and other towns add shopping, dining, and local history museums.

Transportation & Access

Parma sits within easy driving distance of major regional highways, connecting to the Cape Girardeau and Memphis corridors.

Local roads make commuting to farms, schools, and neighboring communities straightforward year-round.



FAQ – Home Values in Parma

What is the median home value in Parma in 2026?

In 2026, the typical home value in Parma is about $13,317 for an average home size of 931 square feet. This corresponds to an average price of roughly $15 per square foot.

What is the average cost per square foot in Parma?

In 2026, homes in Parma sell for an average of around $15 per square foot, with a typical range between $14 and $14 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Parma is about 931 square feet, with an estimated 2026 value around $13,317.



Locations close to Parma, MO

Portageville, MO50 $ / ft²
Risco, MO26 $ / ft²
Senath, MO50 $ / ft²
New Madrid, MO53 $ / ft²
Morehouse, MO36 $ / ft²
Matthews, MO91 $ / ft²




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