The housing market in the Parsons, KS Metro Area is thriving. With a median value of $78,200, it is much lower than the US median house value of $338,100. The appreciation rate for houses in Parsons is also higher than the national average; it is 12.44%, compared to 8.27% nationally. This makes Parsons an attractive place for homebuyers to invest in real estate, as they can expect excellent returns on their investments over the long-term.
The median home cost in Parsons Metro Area is $78,200. Home appreciation the last 10 years has been 59.6%. Home Appreciation in Parsons Metro Area is up 13.8%.
Average Age of Homes
- The median age of Parsons Metro Area real estate is 56 years old
The Rental Market in Parsons Metro Area
- Renters make up 24.8% of the Parsons Metro Area population
- 2.8% of houses and apartments in Parsons Metro Area, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.