There are currently 2,815 real estate properties in PARSONS, TN, with a median automated valuation model (AVM) price of $86,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in PARSONS, TN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in PARSONS, TN, is $113,011.00, with the most expensive house in PARSONS, TN, topping out at $1,089,600.00 and the cheapest home in PARSONS, TN, clocking in at $10,600.00. In other words, there’s something for every potential homebuyer or savvy investor in PARSONS, TN!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in PARSONS, TN, is on a rollercoaster ride. The average rent price in PARSONS, TN, is $868.00. Indeed, when looking to rent in PARSONS, TN, you can expect to pay as little as $440.00 or as much as $2,280.00, with the average rent median estimated to be $820.00. The good news is that finding an affordable and desirable property to rent in PARSONS, TN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.