Cheap Homes in Parsons, TN

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Top Reasons To Live In Parsons, TN In 2024

Parsons is located in Decatur, Tennessee, with an estimated municipal population of 2,290 residents. All of the best foreclosed homes for sale in Parsons are located in the following zip code areas on 38363. The estimated population per square kilometer (.62 miles) in Parsons is 218.

Cost Of Living In Parsons, TN

So, about how much do homes cost in Parsons? The most recent median value of resident-owned homes in Parsons is 93,110. An estimated 69.2 percent of households in Parsons own their homes, with an average family size of 3.24. The median household income in Parsons is 34,146, with9.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Parsons, the median commute time of resident workers (in minutes) is 22.7. And last, but certainly not least, are you looking for homes to rent in Parsons? If so, the average rent price paid by renters in Parsons is 351, according to recent statistics.

Diversity And Demographics In Parsons, Tennessee

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Parsons, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Parsons is 42.9, split between 47.1 percent male versus 52.9 female. The percentage of residents who report being married in Parsons is 43.9, with an average family size of 3.24.

The percentage of residents who report their race in Parsons is as follows:

White 88%
Black / African American 8%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.4%
Other 0.6%

Looking for family-friendly neighborhoods in and/or near Parsons? Or maybe you are searching for 55+ active adult communities in and/or near Parsons?

The percentage of residents who report their age in Parsons is as follows:

Under 10 8.6%
Aged 10-19 14.8%
20s 15.4%
30s 8.8%
40s 11.3%
50s 13.5%
60s 14.1%
70s 6.7%
80+ 6.8%

Best Schools In Parsons, Tennessee

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Parsons with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Parsons.

Pros And Cons Of Living In Parsons, Tennessee

How do you know that living in -- or moving to -- Parsons is right where you need to be? Perhaps you grew up in Parsons or already live nearby; therefore, the decision to buy a home in Parsons is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Parsons for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Parsons:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Parsons.

Reasons To Move To Parsons, Tennessee, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Parsons can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Parsons, meanwhile, can field multiple offers from more qualified buyers.

Cheap Homes in Parsons, TN


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