Markets/Kansas/Parsons

Parsons, KS Real Estate Market 2026

Investor-grade market analytics for Parsons, Kansas. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through July 2026.

Median Home Price

$99,474

+1.2% year-over-year

12-Month Forecast

+1.3%

base case (Zillow ZHVF)

+1.3% year-over-year

Climate Risk

25/100

Low

Market Momentum

➡️
Neutral
2.6mo supply · Score +1/7

Net migration: Bottom 31% nationally

Income Migration

📉 Wealth Drain0.86x

In-migrants avg $36,758 AGI vs out-migrants $42,628

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Opportunity Zone Market

2 ZIP codes in Parsons are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →

Parsons Market Summary

Parsons, KS is in a stabilization phase with 1.2% year-over-year appreciation, suggesting cooling demand and a shift toward balanced conditions. Affordability remains favorable with a price-to-income ratio of 1.77x, below the national average of 4.8x. Climate risk remains low (25/100), favorable for long-term investment stability.

Affordability

Affordability Score100/100
Price-to-Income Ratio1.8x (national avg 4.8x)
Median Household Income$56,143

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case+0.6%
Base Case+1.3%
Bull Case+1.9%

Climate & Natural Hazard Risk

Parsons, KS's primary climate exposure is tornadoes (50/100). The composite climate risk score of 25/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Parsons dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.