47Alpha

Paris, TN metro area Housing Market Brief

metro · as of May 2026

Balanced

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%
-36.69
Inventory Health25%
+40.178
Affordability20%
53
Economic Strength20%
No data
50
Rental Yield15%
37

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

EmergingGrowingMaturePeakingDecliningRecovering

Paris, TN metro area is classified as Decliningcooling, 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$239K-11.6%
Median Days on Market62 days-64.6%
Months of Supply3.7-36.2%
Homes for Sale116-16.5%
Homes Sold31▲ +29.2%
Median Price / Sq Ft$145-1.9%
Sale-to-List Ratio94.6%▲ +2%

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

Now: 47
4-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 May 2026, Paris, TN metro area is classified as a Balanced Market, based on its Alpha Score of 47 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 $239K, having fallen 11.6% over the past year.

How affordable is Paris, TN metro area?

Paris, TN metro area scores 53 out of 100 on affordability — moderately affordable 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 (78/100) and its weakest is Price Momentum (9/100). 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.