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All market snapshots / 38242

Paris, TN 38242 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Paris, TN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.04
ActiveActive listings: 4848PendingPending sales: 22
Paris, TN: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $340k$340kSoldMedian sold price (last 6 months): $214k$214k
What homes actually sell for in Paris, TN
Distribution of 178 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $150k to $332k
$51k to $112k: 16 sales$51k$112k to $173k: 41 sales41sales$173k to $235k: 34 sales$173k$235k to $296k: 22 sales$296k to $357k: 17 sales$296k$357k to $418k: 13 sales$418k to $479k: 15 sales$418k$479k to $540k: 3 salesMedian $214k

What the numbers say

As of October 5, 2026, Resideline is tracking 48 active listings and 2 pending sales in ZIP code 38242. That pending-to-active ratio of 0.04 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $339,900, while the median of the 178 closed sales Resideline tracked over the last six months was $214,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 38242 for 74 days.

Frequently asked questions

What is the median home price in 38242?

The median closed sale price in Paris, TN 38242 was $214,000 over the last six months, based on 178 closed sales tracked by Resideline. The middle half of those sales ranged from $150,000 to $332,500.

Is 38242 a buyer's or seller's market?

Resideline is currently tracking 2 pending sales against 48 active listings in 38242, a pending-to-active ratio of 0.04. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 38242 currently looks like a balanced market.

Nearby ZIP code market data

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