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Land Foreclosures in Parsons, TN

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Parsons, TN Foreclosures

Current Market Conditions in in Parsons, TN As of March 2026?
Over the past month, the housing market in Parsons has shown signs of stabilization after a brief fluctuation in prices. Increased activity among buyers looking for affordable housing options has contributed to a steady increase in home sales. Despite the competitive nature in some pricing ranges, many homes are still being listed at reasonable prices, making it favorable for buyers looking to settle down.
How much do homes sell for in Parsons, TN?
The average home price is currently $178,793.
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 charming small town with a strong sense of community. It offers a variety of outdoor activities, essential amenities, and a peaceful lifestyle. Residents enjoy local parks and a mix of recreational opportunities all while being near enough to larger cities for employment and entertainment.

Buyer vs Seller Market in Parsons, TN

Currently, Parsons enjoys a stable real estate market with an increase in demand due to its attractive living conditions and affordable housing options. Homebuyers are drawn to the city for its affordability compared to larger metropolitan areas.

Recent trends indicate that as more people seek a quieter life away from urban environments, Parsons has seen a slight uptick in home prices, but they still remain accessible for first-time buyers.

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 Land

Market Trend for Parsons, TN

Total Listings Available: 0

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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