Commercial Real Estate Market in Parsons, KS
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
23 active listings and 667 off-market properties in Parsons, KS.
Market Trends
Parsons, KS spans 196.8 square miles in Labette County, Kansas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Parsons, KS runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Parsons, KS runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Parsons, KS runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Parsons, KS runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 61.2%
- Industrial 23.6%
- Agricultural 8.5%
- Commercial 6.4%
Largest Zones share of zoned land by district
Single Family
Single Family
Light Industrial
Heavy Industrial
Agricultural
Parsons, KS zones 5,869 acres across 13 districts. Commercial zoning covers 6.4% of zoned land, residential 61.2% and industrial 23.6%. The largest single district is Single Family at 32.2%. For commercial buyers the practical constraint is that only 30% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Parsons, KS has 12,033 residents in 5,887 households. Density runs 61 people per square mile. Median household income here is $55,791 and median gross rent $743 a month.
12,033
Population
5,887
Households
2
Avg Household Size
40
Median Age
24%
College-Educated
90%
High-School Grad
196.8 sq mi
ZIP Area
61
Density / Sq Mi
$55,791
Median Household Income
$35,239
Median Earnings
$743
Median Rent
$101,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Labette | — | — |
| Dennis | — | — |
| Altamont | — | — |
| Galesburg | — | — |
Commercial property in Parsons, KS asks $15/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Parsons?
Commercial property in Parsons, KS asks an average of $15 per square foot.
What zoning applies to commercial property in Parsons?
Parsons, KS zones 5,869 acres across 13 districts, of which 6.4% is commercial and 23.6% industrial. The largest single district is Single Family at 32.2% of zoned land. Residential zoning covers 61.2% and open space 0%.
Where does Realmo's Parsons market data come from?
Realmo compiles Parsons, KS figures from 22 active sale listings, 1 active lease listings, 667 tracked off-market properties, the current Parsons zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 22 active for-sale and 1 active for-lease listings in Parsons, KS. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 5,869 zoned acres across 13 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
