Housing in Parsons, TN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$155,525
Parsons vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Parsons is highlighted.
Median Home Value
24th%ilemost expensive$107,400show rank
Median Rent
20th%ilemost expensive rent$731show rank
Rent Burden
90th%ilehighest rent burden27.3%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$107,400
Median Rent
$731
Total Housing Units
1,301
Vacancy Rate
20.8%
Owner Occupied
55.5%
Renter Occupied
44.5%
Median Property Tax
$608
per year
Monthly Cost (w/ Mortgage)
$546
Housing Types
Single Family70.5%
Multi-Family15.9%
Mobile Home13.6%
The median home value in Parsons, TN is $107,400. According to Zillow, the home value index for Parsons is $155,525. The median rent is $731 per month (Census ACS). About 55.5% of housing units are owner-occupied. The median year homes were built is 1978. There are 1,301 total housing units.