Paris, KY is a small town located in central Kentucky with a population of around 8,200 people. The median value of housing in Paris is $193,000, significantly lower than the US average of $338,100. However, over the past year the appreciation rate has been staggering at 16.19%, much higher than the US average of 8.27%. This indicates that Paris is an attractive market for those looking to invest in housing and has become increasingly popular as more people flock to this charming little community.
The median home cost in Paris is $193,000. Home appreciation the last 10 years has been 72.6%. Home Appreciation in Paris is up 19.3%.
Average Age of Homes
- The median age of Paris real estate is 46 years old
The Rental Market in Paris
- Renters make up 43.4% of the Paris population
- 2.7% of houses and apartments in Paris, 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.