Is Parma, ID 83660 a buyer’s or seller’s market?
Parma is a seller’s market. With about 3.5 months of supply and 10% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 30% of U.S. ZIP codes, and #51 of 69 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Parma housing market right now
In the three months ending August 31, 2026, 10% of homes in Parma, ID 83660 sold above their list price, the typical home went under contract in 35 days and there were 3.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 22 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (11% then), homes sold faster (47 days then) and the median sale price fell 6% to $389,831. Overall, Parma is about as competitive as it was a year ago.
Within Canyon County, homes here sell faster than in 75% of the county’s ZIP codes, and sell less often over asking than in 75%. On our competition score, Parma ranks #51 of 69 ID ZIP codes with enough sales (score 33 out of 100).
Nearby, buyers who want less competition could look at Wilder 83676 (0% sold over asking) or Greenleaf 83626 (0% sold over asking), while Caldwell 83605 (21% sold over asking) and Nampa 83687 (21% sold over asking) are even more competitive.
Run the numbers for 83660
Nearby markets
Caldwell 83605Seller’s market $239 /sq ftCaldwell 83607Seller’s market $250 /sq ftGreenleaf 83626Seller’s market $410 /sq ftMiddleton 83644Seller’s market $257 /sq ft Browse all markets →Towns like Parma nearby
Find towns like Parma in other states →Where Parma is
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Questions about Parma real estate
Is Parma a buyer’s or seller’s market?
A seller’s market: there were 3.5 months of supply in Parma, ID 83660 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Parma?
The typical home went under contract in 35 days in the latest three months.
Do homes in Parma sell over asking?
10% of homes sold above their original list price, and the typical sale closed at 97.1% of the list price.
What are property taxes in Parma?
About 0.52% of a home’s value a year in Canyon County, or roughly $2,080 on a $400,000 home.
What is the median home price in Parma?
The median sale price was $389,831 in the three months ending August 31, 2026, about $226 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology