$2,488 Closing Credit*
$209,500
1,008 SqFt
3 Beds
•1 Full Bath
Bitsy A. Maye-Rattler, Listing Office: Coldwell Banker Faith Properties
Is Paris, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Paris has remained a Buyer's Market.
Key Takeaway
Paris is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Paris, NY
How much do homes in Paris, NY cost?
Median Sold Price
$203,366
$116/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$1,633(-0.8%)
Key Takeaway
Homes in Paris have sold for 0.8% less than they did a year ago.
Summary: The median home sold price in Paris was $203,366 in October 2024, down 0.8% from last year, and the median price per square foot was $116.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $59.9K | N/A |
| 2 Bedrooms | $152K | $76.1K | -49.9% |
| 3 Bedrooms | $214.9K | $185K | -13.9% |
| 4 Bedrooms | $205K | $198.8K | -3.0% |
| 5+ Bedrooms | $269K | $250K | -7.1% |
Summary: Paris housing prices by bedroom type for October 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 decreased by 13.9%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes decreased by 7.1%.
Median Sold Price Compared To Nearby Cities
| Paris | $205K | $203.3K | -0.8% |
| Sauquoit | $249.4K | $208.3K | -16.5% |
Housing Supply in Paris, NY
How many homes are available in Paris, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 12 | -29.4% |
Summary: The Paris real estate market had 12 homes for sale in October 2024, a 29.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 9 | 7 | -22.2% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Paris housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 22.2%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Paris, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Paris in October 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 11 Days | 3 Days | -72.7% |
Summary: Homes in Paris had an average of 3 days on market in Oct 2024, down by 72.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 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 October 2024, 1 homes were sold in Paris; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
