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Parsons home sale signals activity in local housing market

A multi bedroom home at 1958 Five Fork Road in Parsons sold on November 13, 2025, and the transaction is recorded on Redfin as part of mid November market activity. The sale matters to Decatur County residents because it updates local comparable sales, can influence property tax assessments and appraisals, and offers a near term data point about demand in a small market.

Sarah Chen2 min read
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Parsons home sale signals activity in local housing market
Parsons home sale signals activity in local housing market

Redfin's listing summary shows that the property at 1958 Five Fork Road in Parsons, Tennessee closed on November 13, 2025. The online feed for Parsons lists the address as sold and displays the sale price on the Redfin page, and characterizes the residence as a multi bedroom home on a quiet, tree shaded lot. Redfin aggregates multiple listing service data and includes this transaction in its accounting of Parsons market activity for mid November 2025.

For local homeowners and prospective buyers this single transaction has practical implications. Recent sales become comparable transactions used by appraisers and realtors when setting listing prices and calculating market value. In a small county market like Decatur County, each closed sale can have a larger marginal effect on median statistics than in a large metropolitan area, particularly late in the year when fewer sales occur. The sale therefore contributes to the empirical basis for property valuations and may affect assessments ahead of the next tax cycle.

Beyond valuation mechanics, the listing highlights neighborhood characteristics that matter to buyers. The property was presented as a multi bedroom house on a quiet, tree shaded lot, traits that appeal to families and older buyers who value privacy and outdoor space. That profile can help local agents match demand to supply and may shape how other sellers stage and price comparable properties.

The transaction also feeds into short term market signals. Recorded sales in November help determine momentum into the winter months, a period when sales volume often slows. Observers will watch subsequent MLS entries to see whether this sale is an isolated closing or part of more sustained activity in Parsons. For residents considering selling, buying, or refinancing, the key takeaway is that recent, verifiable sales data from sources such as Redfin will directly inform offers, mortgage appraisals, and local value perceptions through the rest of 2025.

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