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PARSONS, TN 38363

Real Estate Market Report  ·  Decatur County
Buyer's Market
June 2026  ·  Source: Realtor.com

Market Analysis

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

The PARSONS, TN real estate market (38363) currently shows 31 active listings, with 4 pending sales. Homes are averaging 79 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 79 days on market compared to 77 days last year.

The median listing price has risen 31.6% year-over-year, from $199,999 to $263,250.

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
31
⇧ 10.7% vs 28 last year
Pending
4
13% pending ratio
Median Price
$263,250
⇧ 31.6% vs $199,999 last year
Average Price
$339,268
⇧ 45.7% vs $232,844 last year
Days on Market
79
⇧ 2.6% vs 77 days last year

Price Per Square Foot

Median $/sqft
$158
⇧ 6% vs $149/sqft last year
Median Home Size
1,735 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 31 this year vs 28 last year
  • Days on market: 79 now vs 77 last year

Median & Average Pricing

Year over Year
  • Median: $263,250 (+31.6% YoY)
  • Average: $339,268 (+45.7% 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 June 2026, there are 31 active listings in PARSONS, TN (zip code 38363), compared to 28 the prior year.

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

The median listing price in PARSONS, TN 38363 is $263,250 as of June 2026, a 31.6% increase from $199,999 the prior year.

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

Homes in PARSONS, TN 38363 spend an average of 79 days on the market before going under contract, compared to 77 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 June 2026, PARSONS, TN 38363 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 79 days on market compared to 77 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 $5,265 compared to a typical 5% commission on the median listing price of $263,250. 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.