Metropolitan Statistical Area (MSA):

Parsons, KS

Parsons, KS is a Metropolitan Statistical Area (MSA) comprising counties including Labette County.

Housing Market Trends in the Parsons, KS Metropolitan Statistical Area

There is no doubt that the Parsons, KS metropolitan statistical area (MSA) is a hotbed for real estate activity. The combination of strong job growth, low interest rates, and an influx of new residents has created a perfect storm for the housing market. In the past year, we have seen prices rise and inventory levels fall to record lows.

The average home price in the Parsons MSA has increased by 8% in the past year, while inventory levels have fallen by 30%. This has created a seller's market, where buyers are competing against each other for a limited number of homes. We expect prices to continue to rise in the coming months as demand continues to outpace supply.

If you are thinking of buying a home in the Parsons MSA, now is a good time to do so. Prices are likely to continue to increase as more people move to the area in search of jobs and affordable housing. Interest rates are still at historically low levels, so it's a great time to lock in a low rate on your mortgage.

If you are thinking of selling your home in the Parsons MSA, now is also a good time to do so. Prices are at all-time highs and there is high demand from buyers looking for their dream home. You may be able to sell your home quickly and for top dollar if you list it during this seller's market.

Cities in Parsons, KS


Zip codes in Parsons, KS


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