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PARSONS, TN 38363

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The PARSONS, TN real estate market (38363) currently shows 35 active listings, with 11 pending sales. Homes are averaging 103 days on the market before going under contract.

Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 103 days on market compared to 64 days last year.

The median listing price has risen 31.9% year-over-year, from $192,900 to $254,450.

Whether you are buying or selling in PARSONS, TN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 5,509  ·  Density: 24.7/mi²  ·  Median household income: $45,750

Typical home value: $117,878  ·  Homeownership: 72.8%

Market Overview

Active Listings
35
⇧ 75% vs 20 last year
Pending
11
31% pending ratio
Median Price
$254,450
⇧ 31.9% vs $192,900 last year
Average Price
$358,619
⇧ 45.6% vs $246,255 last year
Days on Market
103
⇧ 60.9% vs 64 days last year

Price Per Square Foot

Median $/sqft
$171
vs $171/sqft last year
Median Home Size
1,967 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 35 this year vs 20 last year
  • Days on market: 103 now vs 64 last year

Median & Average Pricing

Year over Year
  • Median: $254,450 (+31.9% YoY)
  • Average: $358,619 (+45.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 25.7 miles — 118 listings ($40,050,127 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
38363Parsons, TN 383630.0 mi32$10,092,096$222,250$315,378
38380Sugar Tree, TN 383808.5 mi6$2,430,078$384,250$405,013
38388Wildersville, TN 3838813.1 mi1$249,900$249,900$249,900
38374Scotts Hill, TN 3837413.9 mi5$1,667,000$230,000$333,400
38387Westport, TN 3838715.3 mi2$850,000$425,000$425,000
37097Lobelville, TN 3709717.0 mi4$2,256,048$557,175$564,012
38390Yuma, TN 3839018.3 mi3$1,143,675$381,225$381,225
38318Buena Vista, TN 3831820.5 mi2$1,092,216$483,425$546,108
38371Sardis, TN 3837121.0 mi4$1,915,616$435,475$478,904
38345Huron, TN 3834523.5 mi9$3,245,283$333,688$360,587
38320Camden, TN 3832025.0 mi46$13,945,314$252,375$303,159
38359Milledgeville, TN 3835925.6 mi1$449,000$449,000$449,000
38332Enville, TN 3833225.7 mi3$713,901$229,000$237,967

Frequently Asked Questions

How many homes are for sale in PARSONS, TN 38363?

As of March 2026, there are 35 active listings in PARSONS, TN (zip code 38363), compared to 20 the prior year.

What is the median home price in PARSONS, TN 38363?

The median listing price in PARSONS, TN 38363 is $254,450 as of March 2026, a 31.9% increase from $192,900 the prior year.

How long do homes stay on the market in PARSONS, TN?

Homes in PARSONS, TN 38363 spend an average of 103 days on the market before going under contract, compared to 64 days the prior year.

Is it a seller's or buyer's market in PARSONS, TN 38363?

Based on current inventory and days-on-market data as of March 2026, PARSONS, TN 38363 is currently a Buyer's Market. Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 103 days on market compared to 64 days last year.

How much can I save on real estate commission in PARSONS, TN?

With SELL123.com's maximum 3% commission, sellers in PARSONS, TN 38363 save an estimated $5,089 compared to a typical 5% commission on the median listing price of $254,450. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.