A typical Parker home is worth roughly $241,000
What kind of housing town is Parker?
Read from the numbers below. The page puts what stands out first.
A typical home costs 2.6 years of income
Less than across Minnesota (3.9 years). Try your own numbers below.
That covers a typical Parker home, with $125K to spare.
A two-bedroom rents for about $980 a month here, $420 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Parker’s typical property tax (0.68% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $980
Renters already here pay a median of $990.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Morrison County, MN): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
87% of Parker households own their home
Half of Parker’s homes were built before 1978.
Minnesota: 72% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
Parker vs. its neighbors
Parker is the least expensive of 4 neighboring towns. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Parker | $241K* | — | $980 | — | $91,250 |
| Darling | $308K* | +1.7%† | $980 | — | $63,571 |
| Little Elk | — | −1.4%† | $990 | — | $74,688 |
| Cushing | $408K | +3.5% | $1,060 | — | $67,607 |
| Randall | $267K | +1.8% | $970 | 1 | $55,859 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Parker buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.