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Advertise here →Parsons, KS · Market Data
Parsons, Kansas real estate market data.
Real estate market data for Parsons, KS (Labette County) — Census median home value $70,300, county listing prices down about 0.5% over the past year.
Parsons, KS is in Labette County, Kansas — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 9,482, with a median household income of $50,838. Census data puts Parsons's median home value at $70,300.
At a glance
Parsons market snapshot
Population
9,482
Median Household Income
$50,838
Median Home Value (city)
$70,300
Median Gross Rent
$743/mo
Price Trend (YoY)
-0.5%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Parsons different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Parsons's median home value — across all owner-occupied homes, not just recent sales — at $70,300.
County Price Trend
Labette County's FHFA house price index shows a -0.51% annual change in 2025.
Population & Income
Parsons has an estimated population of 9,482 and a median household income of $50,838, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Parsons's Census-reported median home value works out to about 1.4x the area's median household income, and median gross rent runs roughly 18% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Parsons FAQ
What are home values like in Parsons, KS?
The Census Bureau's American Community Survey puts Parsons's median home value at $70,300.
What is the population of Parsons, KS?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Parsons's population at approximately 9,482.
What's the median rent in Parsons, KS?
The Census ACS estimates median gross rent in Parsons at approximately $743 per month.
What is the median household income in Parsons, KS?
Census ACS data puts the median household income in Parsons at approximately $50,838.
Is the Parsons housing market growing?
Labette County's FHFA house price index shows a -0.51% annual change in 2025.
Is Parsons, KS affordable relative to income?
Census ACS data puts Parsons's median home value at about 1.4 times the median household income, with median gross rent equal to roughly 18% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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