Zip lookup · TN

38363
Parsons, Tennessee.

Parsons, Decatur County, TN · population 5,808

What it costs per month · 38363 $874/mo

to buy the typical home at today's mortgage rate — +$481 (+122%) since Jan 2020.

What the home itself did
1 year
Up $9,125 +6%
$157,298$166,423 since Sep 2025
5 years
Up $32,407 +24%
$134,016$166,423 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 38363 $874 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 38363$874
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 16 years.

Typical home values in zip 38363 rose 5.8% over the past year — faster than the nation's +1.2%.

This zip spans 2 counties: Decatur County, TN 96% · Henderson County, TN 4%

Zillow also publishes an index for the city itself: Parsons, TN — measured over the city limits, which is a different area from this zip.

Typical home value $166,423 as of Sep 2026
+5.8%year on year

Typical home value — 38363

Mid-tier homes, smoothed and seasonally adjusted.

$100,000 $200,000 $300,000 2018 2020 2022 2024 2026 38363 $166,423 United States $366,157
$100,000 $200,000 $300,000 2018 2022 2026
  • 38363$166,423
  • United States$366,157

Within 20 miles

Miles sorted ascending, activate to sort descending Zip activate to sort by Zip City activate to sort by City Population activate to sort by Population Rent activate to sort by Rent Home value activate to sort by Home value
5.8 38328 Darden 858 — $231,972
8.5 38380 Sugar Tree 525 — $167,912
9.7 38329 Decaturville 3,166 — $180,436
13.1 38388 Wildersville 1,625 — $215,185
13.2 38341 Holladay 2,578 — $176,393
13.9 38374 Scotts Hill 1,815 — $183,235
15.1 37096 Linden 6,004 — $169,420
15.3 38387 Westport 407 — $266,617
16.5 38351 Lexington 18,248 — $220,227
17.0 37097 Lobelville 2,473 — $166,732
17.1 38311 Bath Springs 724 — $239,581
18.3 38390 Yuma 1,170 — $236,578
18.8 38368 Reagan 2,635 — $160,540

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.