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Sarah Mitchell

CNESRESABR

Compass Real Estate · Paris, KY

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Paris, KY(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Paris, KY Housing Market & Real Estate

Seller's market+7.5% YoY

Housing market overview · Updated monthly ·

$215,000median sale price

How is the Paris, KY housing market right now?

The median home sale price in Paris, KY is $215,000, up 7.5% year-over-year. Homes sell in an average of 31 days with 33 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Paris a buyer's or seller's market?

Seller's market2.8 months of supply31 avg. days on market

Paris, KY is currently a seller's market, based on 2.8 months of supply and homes selling in about 31 days. How we determine this →

Homes sold

12

Last 12 weeks

Days on market

31

Average pace

Active listings

33

2.8 months supply

Sale-to-list

97.3%

Below asking

What does the Paris housing market data show?

Current housing market statistics for Paris, KY
MetricValue
Median sale price$215,000
Median list price$299,900
Year-over-year price change+7.5%
Average days on market31 days
Active inventory33 listings
Months of supply2.8 months
Sale-to-list price ratio97.3%
Median price per sq ft$140/sq ft
Homes sold (latest month)12
New listings (latest month)15
Listings with a price cut36.4%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Paris by property type?

How the Paris, KY market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Paris, KY
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$215,000$145/sq ft1035 days
Condo / Co-op$150,000$56/sq ft1135 days
Townhouse$182,000$128/sq ft131 days

Source: Redfin · Updated monthly

The Paris housing market is currently classified as a seller's market with a median sale price of $215,000. Prices have risen 7.5% compared to last year, with homes spending an average of 31 days on market, indicating 2.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.4x provides context for how home values compare to local earning capacity.

Homes for sale in Paris

There are currently 33 homes listed for sale in Paris, Kentucky. The median listing price is $300K.

Active listings

33

Homes on market

Median list price

$300K

Avg. days on market

31

Days until sale

New this week

15

Newly listed

Price drops:36.4%of listings
Sale-to-list:97.3%

Who lives in Paris?

Population

10,107

Median income

$49,464/yr

Median age

37.9 years

Owner-occupied

56.8%

College grads

21.9%

Avg commute

23.3 min

Source: U.S. Census Bureau ACS

What are homes worth in Paris?

Zillow home value

$266,417

Zillow rent index

$1,023/mo

Price-to-rent ratio

21.7x

Price-to-income

5.4x

Source: Zillow Research

What is it like to live in Paris?

Paris is a community of approximately 10K residents with a median age of 37.9 years.The median household income is $49,464, which represents a working-class community with solid middle-income opportunities. 21.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 56.8%, showing a blend of owner and renter-occupied properties. The average commute time is 23.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Paris offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Paris?

9 schools tracked · 3,286 students

The largest public schools serving Paris, KY by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Bourbon County High School

Grades 9-12 · 796 students

Public

Bourbon County Middle School

Grades 6-8 · 560 students

Public

Bourbon Central Elementary School

Grades K-5 · 473 students

Public

Cane Ridge Elementary School

Grades K-5 · 460 students

Public

Paris Elementary School

Grades K-5 · 339 students

Public

Paris High School

Grades 9-12 · 231 students

Public

Bourbon County Preschool Headstart

Grades PK · 192 students

Public

Paris Middle School

Grades 6-8 · 153 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Paris, KY?

Want a head-to-head view? Compare Paris side-by-side with any other U.S. city using our market-comparison tool.

Is Paris a good real estate investment market?

For investors evaluating Paris, the price-to-rent ratio of 21.7x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 7.5% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Paris's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Paris's median home price.

Frequently asked questions

What is the average home price in Paris?

The median home sale price in Paris is $215,000, up 7.5% from last year.

How long do homes stay on market in Paris?

Homes typically spend 31 days on market before going under contract.

What is the median income in Paris?

The median household income is $49,464 per year.

Is Paris a buyer's or seller's market?

With 2.8 months of supply, Paris is currently a seller's market.

What is the Zillow home value estimate for Paris?

The Zillow Home Value Index (ZHVI) for Paris is $266,417, representing the typical home value in the area.

What is the median condo price in Paris?

The median condo/co-op sale price in Paris, KY is $150,000, compared to $215,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Paris?

The median single-family home price in Paris, KY is $215,000 (about $145 per square foot).

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