MI area data
Parchment, MI
Parchment, MI.
Population: 17,815 (Census ACS)
Home values & appreciation
- Median home value
- $230,587
- 1-year appreciation
- +4.5%
- 3-year appreciation
- +14.7%
- 5-year appreciation
- +30.2%
- 10-year appreciation
- +101.1%
- All-time peak (2026-07)
- $230,587
- House Price Index
- 387.5 (+5.5% YoY)
Market activity
- Median sale price
- $228,500
- Median list price
- $249,000
- Median days on market
- 10 days
- Sale-to-list ratio
- 99.1%
- Active listings
- 25
- 1-year forecast
- +1.7%
- Days to pending
- 33 days
- New listings (monthly)
- 21
Rents
- Typical rent
- $1,283/mo
- 1BR fair-market rent
- $1,029/mo
- 3BR fair-market rent
- $1,639/mo
Affordability
- Cost of living index (Below Average)
- 92.0 (100 = US avg)
- Electricity rate (state-level)
- 20.0¢/kWh
- Natural gas rate (state-level)
- $10.90/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Schools
- Total schools
- 7
- Elementary schools
- 4
- Middle schools
- 1
- High schools
- 2
Natural hazards & flood risk
- Overall hazard risk
- Relatively Moderate
- Top hazards
- hail, strongWind, tornado, coldWave, iceStorm
- FEMA flood zone
- X
- Flood risk level
- Minimal
Climate (30-year normals)
- Average annual temperature
- 79.0°F
- Average high
- 80.0°F
- Average low
- 78.0°F
- Annual precipitation
- 48.3 in
Air quality
- Air quality rating
- Moderate
- Median AQI (annual)
- 53
- Days with Good air quality
- 151
- Days with Unhealthy air quality
- 2
Walkability & transit
- Walkability index
- 10.7 / 20
- Transit service frequency
- -99,999
Amenities
- Nearest airport
- Walker Airport (2 mi)
- Nearest major airport
- Kalamazoo/Battle Creek International Airport (AZO) (8 mi)
- Hospitals nearby (~15 mi)
- 339
- Avg hospital rating
- 3.0 / 5
- Solar radiation rating
- Fair (3.8 kWh/m²/day)
Migration
- Net migration
- -650 tax filers
Housing stock
- Median year housing built
- 1,969
- Median annual property tax
- $2,717
- Mean commute to work
- 21 min
- Households with broadband internet
- 74.8%
Employment & development
- Total county employment
- 107,753
- Average weekly wage
- $1,212
- Top industries (by employment)
- Health Care, Accommodation & Food, Construction
- Annual residential building permits (county)
- 269
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →