Paris, TN Foreclosures
How much do homes sell for in Paris, TN?
The average home price is currently $200,628.
What’s the average rental cost in Paris, TN?
The average rental price in Paris is $926.
What is the most expensive home in Paris?
The most expensive home sold in Paris had a price of $4,066,686.
What is currently the cheapest priced home in Paris, TN?
The cheapest home for sale in Paris is priced at $4,834.
Living in Paris, TN
Paris, Tennessee, is a delightful small town known for its welcoming community and engaging events like the World's Biggest Fish Fry. Nestled near Kentucky Lake, residents enjoy outdoor activities amid beautiful natural surroundings. With a vibrant downtown full of charming shops and dining options, Paris is a perfect blend of leisure and local culture.
Current Market Conditions in Paris, TN
The real estate market in Paris, TN, shows a steady and stable growth trend as of recent months. Home prices have seen a slight increase, reflecting a higher demand and limited inventory in the area. Buyers are particularly drawn to the affordability and community spirit in Paris, making it an attractive option for families and retirees alike.
As people continue to migrate from larger urban areas seeking more space and affordability, Paris, TN, is positioned well to benefit from this trend. The local economy is supported by its agricultural background, along with growing sectors in healthcare and retail.
Home Value Estimator For Paris, TN
There are currently 7,962 real estate properties
in Paris, TN,
with a median automated valuation model (AVM) price
of $162,907.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Paris, TN, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Paris, TN,
is $200,628.00, with the most expensive house
in Paris, TN, topping out
at $4,066,686.00 and the cheapest home
in Paris, TN,
clocking in at $4,834.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Paris, TN!
Rent Prices
In Paris, TN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Paris, TN, is on
a rollercoaster ride. The
average rent price in Paris, TN,
is $926.00. Indeed, when looking to rent in
Paris, TN, you can expect to pay as little
as $430.00 or as much
as $2,900.00,
with the average rent median estimated to
be $880.00. The good news is that finding
an affordable and desirable property to rent in Paris, TN
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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