The median home in Parchment, Michigan is valued at $196,210, up 3.1% year over year. Parchment is part of the Kalamazoo-Portage, MI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$196,210

+3.1%

Prices rising — worse for buyers.

Affordability

Enter your income for Parchment.

Income (annual)

Down Payment

$39,242 on $196,210

Example: $75,000 household income. Change it above to see your own.

Affordable22% of income

Under the 28% guideline.

PITI$1,377

P/I22%

Afford$249K

Room+$53K

P&I $992Tax $252Ins $133

6.50% 30yr, 20% down, county tax + MI ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Michigan

Compare Parchment with other housing markets across Michigan.

Lake Angelus$1.66M Leland$1.1M Orchard Lake$914K Franklin$845K Lake Leelanau$832K Kewadin$811K Lakeside$800K Northport$758K

Full Kalamazoo-Portage, MI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Kalamazoo-Portage, MI metro.

View Kalamazoo-Portage, MI metro

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Parchment, MI