Is Parsons, KS 67357 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Parsons is a seller’s market. With about 2.8 months of supply and 16% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score42/ 100

More competitive than 41% of U.S. ZIP codes, and #96 of 122 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2.8Under 4 months = seller’s market
Sold above original list16.1%Share of sales, last 3 months
Median sale-to-list95.7%Sold price ÷ list price
Median days on market28Listing to accepted offer
Median price per sq ft$70▲ +6.3% vs. last year

The Parsons housing market right now

In the three months ending August 31, 2026, 16% of homes in Parsons, KS 67357 sold above their list price, the typical home went under contract in 28 days and there were 2.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 32 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 12%, homes sold faster (42 days then) and the median sale price fell 16% to $96,863. Overall, Parsons is more competitive than a year ago, so tougher for buyers.

On our competition score, Parsons ranks #96 of 122 KS ZIP codes with enough sales (score 42 out of 100).

Nearby, buyers who want less competition could look at Oswego 67356 (0% sold over asking).

Nearby markets

Altamont 67330Seller’s market $103 /sq ftBartlett 67332 — /sq ftEdna 67342 — /sq ftOswego 67356Seller’s market $75 /sq ft Browse all markets →

Where Parsons is

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Questions about Parsons real estate

Is Parsons a buyer’s or seller’s market?

A seller’s market: there were 2.8 months of supply in Parsons, KS 67357 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Parsons?

The typical home went under contract in 28 days in the latest three months.

Do homes in Parsons sell over asking?

16% of homes sold above their original list price, and the typical sale closed at 95.7% of the list price.

What are property taxes in Parsons?

About 1.65% of a home’s value a year in Labette County, or roughly $6,600 on a $400,000 home.

What is the median home price in Parsons?

The median sale price was $96,863 in the three months ending August 31, 2026, about $70 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology