39Alpha

Paris, TN metro area Housing Market Brief

metro · TN · as of August 2026

Buyer's

What is Paris, TN metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
+9.618
Inventory Health25%
-14.363
Affordability20%
-9.029
Economic Strength20%
52
Rental Yield15%
-7.124

Where is Paris, TN metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Paris, TN metro area is classified as Declining cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

Paris, TN metro area housing market data

MetricValueYoY
Median Sale Price$258K-16.9%
Median Days on Market77 days▲ +18.5%
Months of Supply4.3-33.8%
Homes for Sale135▲ +2.3%
Homes Sold32▲ +52.4%
Median Price / Sq Ft$153-10.8%

How has Paris, TN metro area’s Alpha Score moved?

Now: 39
12-period trend
Median sale price · 12 mo

Markets like Paris, TN metro area

Frequently asked questions

Is Paris, TN metro area a buyer's or seller's market?

As of August 2026, Paris, TN metro area is classified as a Buyer's Market, based on its Alpha Score of 39 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Paris, TN metro area?

The median sale price in Paris, TN metro area is $258K, having fallen 16.9% over the past year.

How affordable is Paris, TN metro area?

Paris, TN metro area scores 29 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Paris, TN metro area's Alpha Score?

Paris, TN metro area's strongest dimension is Inventory Health (63/100) and its weakest is Price Momentum (18/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Paris, TN metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.