Parsons, TN

Parsons is a small town located in the southeastern corner of Tennessee. The population was just over 2,000 in 2010. Parsons was founded in 1892 and became a city in 1907. The economy of Parsons is based largely on agriculture and tourism.

Real estate in Parsons is dominated by single-family homes and small apartment complexes. The average price for a single-family home was $137,500 in 2010, while the average price for an apartment complex was $72,000. There are also a few commercial properties available, but they are relatively rare.

The most common type of real estate in Parsons is single-family homes. There were 1,052 single-family homes available for sale in 2010. The majority of these homes were built between 1940 and 1970 (594 homes). There has been an increase in the number of new home construction projects over the past few years, but the majority of new home construction still takes place within the older neighborhoods near downtown Parsons.

The market for real estate in Parsons is generally stable with modest appreciation rates over time. This stability may be due to the limited number of new development projects taking place within the city limits or to the fact that there are not many large commercial properties available for sale. In recent years there has been an increase in interest from out-of-state buyers who are looking for property within commuting distance to Nashville or Chattanooga