Is Parsons expensive?

Parsons, TN

State	Tennessee
Population	2,267
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Parsons, TN

State

Population

2,267

In comparison to nearby areas, Parsons is somewhat less expensive, and it's a lot less expensive compared to the United States as a whole. It is substantially less expensive compared to the city of Clarksville.

Home prices

The median home price in Parsons is $92,300. In comparison to its surrounding areas this is approximately $12,040 (11%) lower.It is approximately $125,200 (57%) lower compared to the rest of the country, and is about $62,000 (40%) lower in comparison to the city of Clarksville.

United States

Chesterfield

Clarksville

Lexington

Scotts Hill

Parsons

Linden

Decaturville

Comparison of median Parsons home price to nearby areas

Distribution of home prices for Parsons and nearby areas

Rents

In Parsons the median monthly rent is $351. This is approximately $323 (47%) lower compared to other places in this area.It is approximately $711 (66%) lower compared to the entire nation, and in comparison to the city of Clarksville it is about $610 (63%) lower.

United States

Chesterfield

Clarksville

Lexington

Decaturville

Scotts Hill

Linden

Parsons

Comparison of median Parsons rent to nearby areas

Distribution of rents for Parsons and nearby areas

Nearby places

Decaturville

Decaturville is about 4 miles south from Parsons. Its real estate prices are a bit less expensive. The median home in Decaturville costs $71,700, which is $20,600 (28%) lower than Parsons. The rent there is significantly more expensive. The median monthly rent in Decaturville is $594, which is $243 (40%) higher than Parsons.

Chesterfield

Chesterfield is about 7 miles west from Parsons. The real estate prices there are a lot more expensive. The median home in Chesterfield costs $160,300, which works out to $68,000 (42%) higher than Parsons. Its rents are significantly more expensive. In Chesterfield the median monthly rent is $1,027, which is $676 (65%) higher than Parsons.

Scotts Hill

Scotts Hill is about 11 miles southwest of Parsons. Its real estate prices are somewhat more expensive. The median home cost in Scotts Hill is $98,000, which comes out to $5,700 (5%) higher than Parsons. Rent there is significantly more expensive. The median monthly rent in Scotts Hill is $558, which is $207 (37%) higher than Parsons.

Lexington

Lexington is approximately 13 miles west from Parsons. The real estate prices there are a bit more expensive. The median home in Lexington costs $114,900, which works out to $22,600 (19%) higher than Parsons. Its rents are substantially more expensive. In Lexington the median rent is $636 per month, which comes out to $285 (44%) higher than Parsons.

Linden

Linden is about 14 miles east from Parsons. Its real estate prices are a bit less expensive. The median home in Linden costs $76,800, which comes out to $15,500 (20%) lower than Parsons. Its rents are a lot more expensive. In Linden the median rent is $556 a month, which is $205 (36%) higher than Parsons.