$3,028 Closing Credit*
$255,000
2,022 SqFt
3 Beds
•2 Full Baths
Azza Giorgi, Listing Office: Howard Hanna CNY Inc
Is Paris, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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, NY
How much do homes in Paris, NY cost?
Median Sold Price
$211,633
$123/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$11,633(+5.8%)
Key Takeaway
Homes in Paris have sold for 5.8% more than they did a year ago.
Summary: The median home sold price in Paris was $211,633 in November 2024, up 5.8% from last year, and the median price per square foot was $123.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $59.9K | N/A |
| 2 Bedrooms | $152K | $76.1K | -49.9% |
| 3 Bedrooms | $190K | $226.4K | +19.2% |
| 4 Bedrooms | $205K | $201.7K | -1.6% |
| 5+ Bedrooms | $269K | $250K | -7.1% |
Summary: Paris housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 49.9%, 3 bedroom homes increased by 19.2%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes decreased by 7.1%.
Median Sold Price Compared To Nearby Cities
| Paris | $200K | $211.6K | +5.8% |
| Sauquoit | $239.9K | $211.8K | -11.7% |
Housing Supply in Paris, NY
How many homes are available in Paris, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 14 | 0.0% |
Summary: The Paris real estate market had 14 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Paris housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Paris, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Paris in November 2024, up by 300.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Paris, NY
How long does it take to sell a home in Paris, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 22 Days | -23.3% |
Summary: Homes in Paris had an average of 22 days on market in Nov 2024, down by 23.3% compared to last year.
Breakdown of Home Sale Times
2 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 November 2024, 4 homes were sold in Paris; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
