Paris, TX


Highest Appreciating Paris Neighborhoods Since 2000

Paris, TX Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Paris Housing Market Information

With a population of 24,782, 10,023 total housing units (homes and apartments), and a median house value of $79,190, house prices in Paris are some of the most affordable in Texas as well as the nation.

Single-family detached homes are the single most common housing type in Paris, accounting for 70.57% of the city's housing units. Other types of housing that are prevalent in Paris include large apartment complexes or high rise apartments ( 14.85%), duplexes, homes converted to apartments or other small apartment buildings ( 10.51%), and a few row houses and other attached homes ( 2.85%).

The most prevalent building size and type in Paris are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 50.24% owning and 49.76% renting.

There is a lot of housing in Paris built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Paris built between 1940-1969 ( 32.77%). A lesser amount of the housing stock also hails from before 1939 ( 10.81%). There's also some housing in Paris built between 2000 and later ( 9.35%).

Vacant housing appears to be an issue in Paris. Fully 17.17% of the housing stock is classified as vacant. Left unchecked, vacant Paris homes and apartments can be a drag on the real estate market, holding Paris real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Paris Home Appreciation Rates

In the last 10 years, Paris has experienced some of the highest home appreciation rates of any community in the nation. Paris real estate appreciated 26.67% over the last ten years, which is an average annual home appreciation rate of 2.39%, putting Paris in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Paris definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Paris that despite a nationwide downturn in the housing market, Paris real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Paris appreciation rates continue to be some of the highest in America, at 10.52%, which is higher than appreciation rates in 95.16% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Paris. Paris appreciation rates in the latest quarter were at 0.45%, which equates to an annual appreciation rate of 1.82%.

Relative to Texas, our data show that Paris's latest annual appreciation rate is higher than 90% of the other cities and towns in Texas.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Paris differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Paris - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Paris real estate investment or home purchase decisions.

Average Home Values


Median Home Value:


Value Range
> $1,193,000 0.1
$895,001 - $1,193,000 0.1
$597,001 - $895,000 0.2
$477,001 - $597,000 0.2
$358,001 - $477,000 1.6
$239,001 - $358,000 4.7
$120,001 - $239,000 18.6
$60,001 - $120,000 38.0
$0 - $60,000 36.5

Very Low for TX
Very Low for Nation

Value Relative to Nation Value Relative to State
90.9937888198758 83.9494163424124

Number Of Homes And Apartments:

Paris Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
42.66% 2.08% 1 5
* 10 is highest

Rent & Ownership


Average Market Rent:
$961 / per month

Homeownership Rate

Owners 50.24
Renters 49.76
Vacant 17.17

Housing Market Details


Age of Homes

2000 or Newer 9.3
1970 - 1999 47.1
1940 - 1969 32.8
1939 or Older 10.8

Types of Homes

Single-Family 70.6
Townhomes 2.9
Small Apt. Buildings 10.5
Apt. Complexes 14.9
Mobile Homes 1.2
Other 0.0

Home Size

No Bedroom 3.57
1 Bedroom 11.33
2 Bedrooms 31.86
3 Bedrooms 44.45
4 Bedrooms 7.93
5 or more bedrooms 0.86