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Featured local agent — Paris, TN
Sarah Mitchell
Compass Real Estate · Paris, TN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Paris, TN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$180,000median sale price
How is the Paris, TN housing market right now?
The median home sale price in Paris, TN is $180,000, down 4.6% year-over-year. Homes sell in an average of 66 days with 45 active listings. The market is currently a leaning buyer's. (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?
Paris, TN is currently a leaning buyer's, based on 3.0 months of supply and homes selling in about 66 days. How we determine this →
Homes sold
15
Last 12 weeks
Days on market
66
Average pace
Active listings
45
3.0 months supply
Sale-to-list
93.9%
Below asking
What does the Paris housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $180,000 |
| Median list price | $264,500 |
| Year-over-year price change | -4.6% |
| Average days on market | 66 days |
| Active inventory | 45 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 93.9% |
| Median price per sq ft | $121/sq ft |
| Homes sold (latest month) | 15 |
| New listings (latest month) | 13 |
| Listings with a price cut | 28.9% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Paris by property type?
How the Paris, TN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $180,000 | $121/sq ft | 15 | 66 days |
| Condo / Co-op | $230,000 | $160/sq ft | 1 | 278 days |
| Townhouse | $289,000 | $136/sq ft | 1 | 297 days |
Source: Redfin · Updated monthly
The Paris housing market is currently classified as a leaning buyer's with a median sale price of $180,000. Prices have fallen 4.6% compared to last year, with homes spending an average of 66 days on market, indicating 3.0 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 5.5x provides context for how home values compare to local earning capacity.
Homes for sale in Paris
There are currently 45 homes listed for sale in Paris, Tennessee. The median listing price is $265K.
Active listings
45
Homes on market
Median list price
$265K
Avg. days on market
66
Days until sale
New this week
13
Newly listed
Who lives in Paris?
Population
10,313
Median income
$39,365/yr
Median age
39.3 years
Owner-occupied
58.3%
College grads
19.5%
Avg commute
17.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Paris?
Zillow home value
$218,206
Zillow rent index
$850/mo
Price-to-rent ratio
21.4x
Price-to-income
5.5x
Source: Zillow Research
What is it like to live in Paris?
Paris is a community of approximately 10K residents with a median age of 39.3 years.The median household income is $39,365, which represents a working-class community with solid middle-income opportunities. 19.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 58.3%, showing a blend of owner and renter-occupied properties. The average commute time is 17.4 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?
5 schools tracked · 2,989 students
The largest public schools serving Paris, TN 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.
Henry Co High School
Grades 10-12 · 1,036 students
W G Rhea Elementary
Grades PK-2 · 555 students
Paris Elementary
Grades 3-5 · 539 students
W O Inman Middle School
Grades 6-8 · 472 students
E. W. Grove School
Grades 9 · 387 students
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, TN?
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 21.4x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 4.6% year-over-year, potentially creating entry opportunities for strategic buyers.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 $180,000, down 4.6% from last year.
How long do homes stay on market in Paris?
Homes typically spend 66 days on market before going under contract.
What is the median income in Paris?
The median household income is $39,365 per year.
Is Paris a buyer's or seller's market?
With 3.0 months of supply, Paris is currently a leaning buyer's.
What is the Zillow home value estimate for Paris?
The Zillow Home Value Index (ZHVI) for Paris is $218,206, 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, TN is $230,000, compared to $180,000 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, TN is $180,000 (about $121 per square foot).
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