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Foreclosure Homes in Parsons, TN

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Parsons, TN Foreclosures

Current Market Conditions in in Parsons, TN As of April 2026?
Over the past month, Parsons has seen a slight uptick in home sales, driven by increased interest rates prompting buyers to act before further hikes. Inventory is still limited, indicating a competitive market for desirable homes. Local real estate agents report that homes priced right are selling quickly, often within weeks or even days of being listed. The average time on the market has dropped, reflecting a growing demand as the economy stabilizes post-pandemic.
How much do homes sell for in Parsons, TN?
The average home price is currently $178,793.
In Parsons, TN, how many homes are available?
There are currently 9 active home listings available in Parsons.
What’s the average rental cost in Parsons, TN?
The average rental price in Parsons is $910.
What is the most expensive home in Parsons?
The most expensive home sold in Parsons had a price of $9,385,241.
What is currently the cheapest priced home in Parsons, TN?
The cheapest home for sale in Parsons is priced at $4,058.

Living in Parsons, TN

Parsons, TN is a quaint and inviting town that offers residents a peaceful rural lifestyle with access to beautiful natural surroundings. It's perfect for families and individuals who appreciate a strong sense of community and outdoor activities.

Buyer vs Seller Market in Parsons, TN

The Parsons real estate market is currently stable, with modest growth trends noticed over the past few months. With affordable housing options and a generally low cost of living, more buyers are looking towards Parsons as a viable option for homeownership.

Currently, homes are maintaining their values but inventory is slightly low which may lead to rising prices in the coming months. New developments are being planned, suggesting a potential increase in demand.

Home Value Estimator For Parsons, TN

There are currently 3,403 real estate properties in Parsons, TN, with a median automated valuation model (AVM) price of $126,700.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Parsons, TN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Parsons, TN, is $178,793.00, with the most expensive house in Parsons, TN, topping out at $9,385,241.00 and the cheapest home in Parsons, TN, clocking in at $4,058.00. In other words, there’s something for every potential homebuyer or savvy investor in Parsons, TN!

Rent Prices In Parsons, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Parsons, TN, is on a rollercoaster ride. The average rent price in Parsons, TN, is $910.00. Indeed, when looking to rent in Parsons, TN, you can expect to pay as little as $470.00 or as much as $2,680.00, with the average rent median estimated to be $850.00. The good news is that finding an affordable and desirable property to rent in Parsons, TN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Parsons, TN Foreclosures

Market Trend for Parsons, TN

Total Listings Available: 9

Market Values:

Home Prices from $4,058 to $9,385,241

Average Sales Price: $178,793

Rental Values:

Rental from $470 to $2,680

Average Rent Value: $910 / month

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