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Home values, rents and more in Parsons, TN

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$168,000
Tennessee: $331,000 · U.S.: $366,000
Home values, past year
+5.9%
Tennessee: +0.6% · U.S.: +1.2%
Population
2,686
ACS 2020–24
Median household income
$36,154
Tennessee: $69,595 · U.S.: $80,734
ZIP codes around Parsons, TN, shaded by typical home valueParsons38363
  • Under $170k
  • $170k–$180k
  • $180k–$190k
  • $190k–$210k
  • $210k+
  • No data
ZIP codes around Parsons, TN, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. Parsons is outlined.

How Parsons compares

The typical home in Parsons, TN is worth about $168,000, according to the Zillow Home Value Index for September 2026. Home values in Parsons are 49% below the typical value in Tennessee ($331,000) and 54% below the U.S. typical value ($366,000).

Over the past year, home values in Parsons rose 5.9%, compared with +0.6% in Tennessee and +1.2% nationally.

The median household income is $36,154, against $69,595 in Tennessee and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 2,686 people live in Parsons (American Community Survey 2020–24).

Parsons has the 49th-lowest typical home value of the 394 cities in Tennessee with Zillow figures.

Part of: Decatur County, TN · Tennessee

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Crime rates
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby cities

ZIP codes in Parsons, TN

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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