Parsons, KS Metro Area - Investment Guide
Metro Area • 6 Cities • 6 ZIP Codes
Avg Home Value
$120,576
Avg Monthly Rent
$828
Avg Cap Rate
5.86%
Avg Investability
3.2 ★
Cities
6
ZIP Codes
6
This metro is one of hundreds you can screen side by side — filter by the numbers that matter and get alerts when they move. See plans →
Market Trends
Metro Home Value History
🏦 30-yr Fixed Rate:
6.76%
as of Sep 10
Source: Freddie Mac PMMS
☀️
WARM MARKET
Parsons, KS Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
6.8%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅
Market conditions data as of August 29, 2026 — updated weekly
Best ZIP codes in Parsons, KS
Every ZIP in the metro, ranked four ways. Free.
Cities in Parsons, KS
Top ZIP Codes by Investability
| ZIP Code | City | State | Home Value | Rent | Cap Rate | Rating |
|---|---|---|---|---|---|---|
| 67357 | Parsons | KS | $77,471 | $810 | 8.16% | |
| 67357 | Parsons | KS | $77,471 | $810 | 8.16% | |
| 67357 | Parsons | KS | $78,431 | $810 | 8.06% | |
| 67336 | Chetopa | KS | $61,033 | $792 | 10.12% | |
| 67336 | Chetopa | KS | $67,228 | $792 | 9.19% | |
| 67336 | Chetopa | KS | $61,033 | $792 | 10.12% | |
| 67336 | Chetopa | KS | $66,287 | $792 | 9.32% | |
| 67336 | Chetopa | KS | $69,480 | $792 | 8.89% | |
| 67336 | Chetopa | KS | $61,954 | $792 | 9.97% | |
| 67336 | Chetopa | KS | $71,824 | $792 | 8.60% | |
| 67330 | Altamont | KS | $131,941 | $900 | 5.32% | |
| 67354 | Mound Valley | KS | $150,716 | $837 | 4.33% | |
| 67357 | Parsons | KS | $85,627 | $810 | 7.38% | |
| 67335 | Cherryvale | KS | $98,867 | $792 | 6.25% | |
| 67342 | Edna | KS | $146,408 | $837 | 4.46% | |
| 67354 | Mound Valley | KS | $138,270 | $837 | 4.72% | |
| 67330 | Altamont | KS | $140,670 | $900 | 4.99% | |
| 67335 | Cherryvale | KS | $112,426 | $792 | 5.49% | |
| 67342 | Edna | KS | $158,148 | $837 | 4.13% | |
| 67330 | Altamont | KS | $131,941 | $900 | 5.32% | |
| 67354 | Mound Valley | KS | $145,267 | $837 | 4.49% | |
| 67357 | Parsons | KS | $82,535 | $810 | 7.65% | |
| 67335 | Cherryvale | KS | $98,867 | $792 | 6.25% | |
| 67342 | Edna | KS | $146,408 | $837 | 4.46% | |
| 67354 | Mound Valley | KS | $138,270 | $837 | 4.72% | |
| 67330 | Altamont | KS | $139,610 | $900 | 5.03% | |
| 67335 | Cherryvale | KS | $109,836 | $792 | 5.62% | |
| 67342 | Edna | KS | $157,118 | $837 | 4.16% | |
| 67354 | Mound Valley | KS | $143,003 | $837 | 4.57% | |
| 67357 | Parsons | KS | $82,322 | $810 | 7.67% | |
| 67330 | Altamont | KS | $148,298 | $900 | 4.73% | |
| 67335 | Cherryvale | KS | $113,988 | $792 | 5.42% | |
| 67342 | Edna | KS | $161,840 | $837 | 4.03% | |
| 67330 | Altamont | KS | $133,195 | $900 | 5.27% | |
| 67354 | Mound Valley | KS | $147,575 | $837 | 4.42% | |
| 67357 | Parsons | KS | $82,276 | $810 | 7.68% | |
| 67335 | Cherryvale | KS | $101,242 | $792 | 6.10% | |
| 67342 | Edna | KS | $151,368 | $837 | 4.31% | |
| 67354 | Mound Valley | KS | $136,468 | $837 | 4.78% | |
| 67330 | Altamont | KS | $149,630 | $900 | 4.69% | |
| 67335 | Cherryvale | KS | $115,296 | $792 | 5.36% | |
| 67342 | Edna | KS | $167,707 | $837 | 3.89% |
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →Free to search · investor plans from $19/mo
The wrong ZIP kills a good deal — screen every market.
Open the Market Finder →
About Parsons, KS Real Estate Market
The Parsons, KS metropolitan statistical area (MSA) encompasses 6 cities and 6 ZIP codes. The average home value across the metro is $120,576, with an average monthly rent of $828. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.