$2,255 Closing Credit*
$189,900
3 Beds
•1 Full Bath
Listing Office: Home Forward
Is Paris, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Paris has remained a Seller's Market.
Key Takeaway
Paris is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Paris, KY
How much do homes in Paris, KY cost?
Median Sold Price
$245,000
$99/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$21,000(+9.4%)
Key Takeaway
Homes in Paris have sold for 9.4% more than they did a year ago.
Summary: The median home sold price in Paris was $245,000 in December 2024, up 9.4% from last year, and the median price per square foot was $99.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $137.5K | $47.2K | -65.6% |
| 2 Bedrooms | $175K | $155K | -11.4% |
| 3 Bedrooms | $215K | $229K | +6.5% |
| 4 Bedrooms | $265.2K | $350K | +32.0% |
| 5+ Bedrooms | $462.5K | $550K | +18.9% |
Summary: Paris housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 65.6%, 2 bedroom homes decreased by 11.4%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 32%, and 5+ bedroom homes increased by 18.9%.
Housing Supply in Paris, KY
How many homes are available in Paris, KY?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 62 | 49 | -21.0% |
Summary: The Paris real estate market had 49 homes for sale in December 2024, a 21.0% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 8 | 5 | -37.5% |
| 3 Bedrooms | 31 | 24 | -22.6% |
| 4 Bedrooms | 19 | 17 | -10.5% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Paris housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 37.5%, 3 bedroom homes decreased by 22.6%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 21 | 13 | -38.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Paris, expect to pay close to the asking price. 38.5% of homes here sold near the asking price last month.
Summary: A total of 13 homes were sold or pending in Paris in December 2024, down by 38.1% month-over-month. Of the 13 sold homes, 23% were sold under asking, 38% were sold at asking, and 38% were sold over asking.
Days on Market for Paris, KY
How long does it take to sell a home in Paris, KY?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 17 Days | 12 Days | -29.0% |
Summary: Homes in Paris had an average of 12 days on market in Dec 2024, down by 29% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Paris are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 13 homes were sold in Paris; 77% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2025 LBAR Multiple Listing Service. All rights reserved.