Parsons, TN Foreclosures
Current Market Conditions in in Parsons, TN As of February 2026?
Over the past month, Parsons has experienced a slight uptick in home sales, with several properties going under contract quicker than expected. The demand is pushing sellers to be more competitive with their pricing, yet homes are still being sold below the national average, making it an excellent time for buyers. The influx of inquiries indicates that more people are considering relocating to this charming community, which could lead to sustained market growth.
How much do homes sell for in Parsons, TN?
The average home price is currently $169,522.
In Parsons, TN, how many homes are available?
There are currently 1 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 picturesque town known for its friendly residents and serene environment. With access to beautiful parks, local amenities, and a family-oriented community, it is an ideal location for those seeking a smaller town lifestyle. Ideal for nature lovers and families alike, Parsons provides a tranquil yet connected atmosphere.
Buyer vs Seller Market in Parsons, TN
The current real estate market in Parsons is stable, with a good mix of properties available for both buyers and investors. There is a steady demand for single-family homes, which are predominantly priced affordably. Homes typically range in price and size, catering to first-time buyers, retirees, and families.
Recently, there has been a noticeable increase in interest from buyers looking for homes in rural areas, fueled by the desire for more space and the ability to work remotely. This trend is causing home values to steadily rise, making Parsons an attractive market for investment.
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 $120,921.00. 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 $169,522.00, 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.
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