The housing market in Paris, TN is booming. The median value of a house in Paris is $161,900, which is significantly lower than the national median value of $338,100. Over the past year, houses in Paris have appreciated by 18.32%, much higher than the 8.27% average appreciation seen nationally. This demonstrates that Paris’s real estate market offers excellent growth potential for buyers and investors alike.
The median home cost in Paris is $161,900. Home appreciation the last 10 years has been 114.7%. Home Appreciation in Paris is up 25.8%.
Average Age of Homes
- The median age of Paris real estate is 47 years old
The Rental Market in Paris
- Renters make up 37.0% of the Paris population
- 5.6% 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.