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All market snapshots / 38242

Paris, TN 38242 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Paris, TN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.05
ActiveActive listings: 4444PendingPending 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): $336k$336kSoldMedian sold price (last 6 months): $202k$202k
What homes actually sell for in Paris, TN
Distribution of 184 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $149k to $322k
$48k to $109k: 17 sales$48k$109k to $171k: 43 sales43sales$171k to $232k: 37 sales$171k$232k to $294k: 22 sales$294k to $355k: 16 sales$294k$355k to $417k: 14 sales$417k to $478k: 13 sales$417k$478k to $540k: 3 salesMedian $202k

What the numbers say

As of September 14, 2026, Resideline is tracking 44 active listings and 2 pending sales in ZIP code 38242. That pending-to-active ratio of 0.05 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $336,450, while the median of the 184 closed sales Resideline tracked over the last six months was $202,000. 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 67 days.

Frequently asked questions

What is the median home price in 38242?

The median closed sale price in Paris, TN 38242 was $202,000 over the last six months, based on 184 closed sales tracked by Resideline. The middle half of those sales ranged from $149,000 to $322,500.

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

Resideline is currently tracking 2 pending sales against 44 active listings in 38242, a pending-to-active ratio of 0.05. 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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