Paris Metro Area, TN Housing

The housing market in the Paris, TN Metro Area is in a strong position. The median value of homes in this area is $166,000, which is considerably lower than the US median value of $338,100. Over the past year, homes in the Paris, TN Metro Area have appreciated at a remarkable rate of 15.74%, more than double the national appreciation rate of 8.27%. This suggests that now may be an ideal time for buyers to invest in this area and take advantage of its low prices and strong growth potential.

The median home cost in Paris Metro Area is $166,000. Home appreciation the last 10 years has been 114.7%. Home Appreciation in Paris Metro Area is up 25.8%.

Average Age of Homes

- The median age of Paris Metro Area real estate is 36 years old

The Rental Market in Paris Metro Area

- Renters make up 20.6% of the Paris Metro Area population
- 2.0% of houses and apartments in Paris Metro Area, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Paris, Tennessee	United States
	16,945.0	139,647,020.0
	39	42
	$166,000	$338,100
	25.8%	16.6%
	83.2%	57.0%
	114.7%	101.1%
	$6.07	$10.98
	$671	$2,690
	58.1%	57.4%
	23.6%	11.2%
	18.3%	31.4%
Vacant Housing
	2.0%	1.9%
	0.0%	0.4%
	1.0%	0.7%
	0.4%	0.4%
	10.7%	3.6%
	9.6%	4.1%
Value of Owner-Occupied Housing
	4.2%	2.6%
	7.5%	2.4%
	8.3%	2.8%
	12.2%	3.9%
	13.4%	4.5%
	15.7%	11.3%
	14.4%	13.0%
	11.4%	20.1%
	6.4%	13.6%
	1.4%	8.3%
	3.3%	9.7%
	0.2%	3.9%
	0.2%	2.2%
	0.3%	0.8%
	1.0%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	12.8%	13.6%
	12.8%	13.6%
	18.5%	13.6%
	15.8%	13.2%
	15.9%	14.8%
	18.5%	13.6%
	7.5%	10.0%
	3.3%	4.7%
	9.3%	12.2%

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