House Prices

House Prices & Home Values Parsons, TN 2026


Average Data

average house price$446,167
average size per house3062 ft²
average price per ft²146 $ / ft²

04/17/2026 - The value range (VR) for house prices in Parsons, TN is $146/ sqft to $146/ sqft. An average home with 3062 sqft costs approximately $447,052 to $447,052. Parsons, TN includes 1 ZIP codes and it is located in Decatur county. The lowest prices are found in ZIP 38363, while the highest are in ZIP 38363. The average price per sqare feet is $146. Our analysis is based on 3 property listings.

Avergage prices by ZIP codes Parsons

38363149 $ / ft²




Historical development of home values in Parsons

Year Estimated value (USD) Change vs. 2025
2010 $207,208 -53.6%
2011 $199,195 -55.4%
2012 $198,659 -55.5%
2013 $206,084 -53.8%
2014 $216,332 -51.5%
2015 $227,435 -49.0%
2016 $239,304 -46.4%
2017 $252,220 -43.5%
2018 $266,164 -40.3%
2019 $278,506 -37.6%
2020 $292,903 -34.4%
2021 $333,146 -25.3%
2022 $388,373 -13.0%
2023 $409,557 -8.2%
2024 $433,251 -2.9%
2025 $446,167 0.0%

Graph: estimated home values in Parsons over time (USD)



Example: 100% financing house in Parsons

Loan amount: $446,167

Interest rate: 6.00%

Fixed monthly payment: $2,675.00

Breakdown in the 1st month:
Interest portion: $2,230.84  –  Principal portion: $444.16

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $26,620.98 $5,478.98 $440,688.02
2 $26,283.04 $5,816.91 $434,871.10
3 $25,924.27 $6,175.69 $428,695.41
4 $25,543.37 $6,556.59 $422,138.82
5 $25,138.97 $6,960.99 $415,177.83
6 $24,709.63 $7,390.33 $407,787.51
7 $24,253.81 $7,846.15 $399,941.36
8 $23,769.88 $8,330.08 $391,611.28
9 $23,256.10 $8,843.86 $382,767.42
10 $22,710.63 $9,389.33 $373,378.09
11 $22,131.52 $9,968.44 $363,409.64
12 $21,516.68 $10,583.28 $352,826.37
13 $20,863.93 $11,236.03 $341,590.34
14 $20,170.92 $11,929.04 $329,661.30
15 $19,435.16 $12,664.80 $316,996.50
16 $18,654.02 $13,445.94 $303,550.56
17 $17,824.71 $14,275.25 $289,275.31
18 $16,944.24 $15,155.72 $274,119.59
19 $16,009.47 $16,090.49 $258,029.10
20 $15,017.04 $17,082.92 $240,946.18
21 $13,963.40 $18,136.55 $222,809.63
22 $12,844.78 $19,255.18 $203,554.45
23 $11,657.16 $20,442.79 $183,111.66
24 $10,396.30 $21,703.66 $161,407.99
25 $9,057.66 $23,042.30 $138,365.70
26 $7,636.47 $24,463.49 $113,902.20
27 $6,127.61 $25,972.35 $87,929.86
28 $4,525.69 $27,574.27 $60,355.59
29 $2,824.97 $29,274.99 $31,080.60
30 $1,019.36 $31,080.60 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Parsons, TN


1500 sqft3900 sqft
Ø selling price$264,991$563,706
Ø fast selling$240,901$507,336
Ø high price sale$289,080$620,077

In 2026, houses in Parsons, TN will be offered at an average price of $146 per square foot. A 1,500 sqft home priced at $264,991 is 23.41% more expensive per square foot than a 3,900 sqft home priced at $563,706. Home prices in Parsons, TN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $390,259. Sellers who can wait longer may achieve a higher price of up to $476,983.


Discover Parsons, TN

Overview

Parsons, TN is a welcoming small city in Decatur County, Tennessee, known for friendly neighborhoods and easy river access.
Travelers and homebuyers appreciate its central location, affordable cost of living, and authentic small-town vibe.

Location & Access

Positioned along US Highway 412 and TN-69, Parsons TN offers convenient drives to Jackson and Nashville.
The city serves as a regional hub for shopping, services, and outdoor gateways in West and Middle Tennessee.

Outdoor Recreation

Outdoor lovers enjoy boating and fishing on the nearby Tennessee River and area lakes, plus hiking and camping in close-by state and wildlife areas.
Scenic byways, peaceful backroads, and river landings make Parsons Tennessee a great base for weekend adventures.

Downtown & Dining

A walkable downtown features local shops, Southern eateries, and family-owned businesses that showcase the spirit of Parsons, TN.
Year-round community events and seasonal festivals bring residents and visitors together for live music, crafts, and classic small-town fun.

Living & Real Estate

From historic homes to new builds on spacious lots, the Parsons TN real estate market offers value and room to grow.
With local schools, active civic groups, and a relaxed pace, living in Parsons, Tennessee delivers a balanced lifestyle close to nature and close to home.



FAQ – Home Values in Parsons

What is the median home value in Parsons in 2026?

In 2026, the typical home value in Parsons is about $446,167 for an average home size of 3062 square feet. This corresponds to an average price of roughly $146 per square foot.

What is the average cost per square foot in Parsons?

In 2026, homes in Parsons sell for an average of around $146 per square foot, with a typical range between $146 and $146 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Parsons is about 3062 square feet, with an estimated 2026 value around $446,167.



Locations close to Parsons, TN

Pickwick Dam, TN117 $ / ft²
Pinson, TN81 $ / ft²
Ramer, TN142 $ / ft²
Oakfield, TN96 $ / ft²
Morris Chapel, TN340 $ / ft²
Milledgeville, TN105 $ / ft²
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