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Home values, rents and more in Parchment, MI

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$203,000
Metro: $274,000 · U.S.: $366,000
Home values, past year
+2.8%
Metro: +4.4% · U.S.: +1.2%
Population
2,008
ACS 2020–24
Median household income
$72,798
Metro: $72,532 · U.S.: $80,734
ZIP codes around Parchment, MI, shaded by typical home valueParchment49074
  • Under $180k
  • $180k–$210k
  • $210k–$230k
  • $230k–$270k
  • $270k+
  • No data
ZIP codes around Parchment, MI, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. Parchment is outlined.

How Parchment compares

The typical home in Parchment, MI is worth about $203,000, according to the Zillow Home Value Index for September 2026. Home values in Parchment are 26% below the typical value in the Kalamazoo metro area ($274,000) and 44% below the U.S. typical value ($366,000).

Over the past year, home values in Parchment rose 2.8%, compared with +4.4% in the Kalamazoo metro area and +1.2% nationally.

The median household income is $72,798, against $72,532 in the Kalamazoo metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 2,008 people live in Parchment (American Community Survey 2020–24).

Parchment has the 2nd-lowest typical home value of the 13 cities in the Kalamazoo metro area and the 192nd-lowest of 686 in Michigan with Zillow figures.

Part of: Kalamazoo County, MI · Kalamazoo metro area · Michigan

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Crime rates
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby cities

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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