Zip 38242 (Paris, TN) Housing

The housing market in Paris, TN 38242 is thriving. The median value of a house in the area is $165,000--significantly less than the US median of $338,100. However, in the last year alone, house appreciation has been at a much higher rate in Paris at 18.32%, as compared to the US which was 8.27%. This indicates that there is a high amount of demand for housing in this area and could be a great place to invest or search for new property.

The median home cost in Paris (zip 38242) is $165,000. Home appreciation the last 10 years has been 114.7%. Home Appreciation in Paris (zip 38242) is up 25.8%.

Average Age of Homes

- The median age of Paris (zip 38242) real estate is 41 years old

The Rental Market in Paris (zip 38242)

- Renters make up 28.4% of the Paris (zip 38242) population
- 3.5% of houses and apartments in Paris (zip 38242), 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
	9,430.0	139,647,020.0
	44	42
	$165,000	$338,100
	25.8%	16.6%
	83.2%	57.0%
	114.7%	101.1%
	$6.53	$10.98
	$763	$2,690
	60.3%	57.4%
	15.8%	11.2%
	23.8%	31.4%
Vacant Housing
	3.5%	1.9%
	0.0%	0.4%
	1.0%	0.7%
	0.0%	0.4%
	1.3%	3.6%
	10.1%	4.1%
Value of Owner-Occupied Housing
	3.5%	2.6%
	7.9%	2.4%
	6.2%	2.8%
	10.6%	3.9%
	13.9%	4.5%
	15.9%	11.3%
	16.6%	13.0%
	11.3%	20.1%
	7.3%	13.6%
	1.3%	8.3%
	3.7%	9.7%
	0.0%	3.9%
	0.1%	2.2%
	0.4%	0.8%
	1.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	10.8%	13.6%
	10.8%	13.6%
	15.5%	13.6%
	14.9%	13.2%
	16.8%	14.8%
	15.5%	13.6%
	8.9%	10.0%
	3.6%	4.7%
	11.1%	12.2%

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