Paris Homes & Real Estate

Paris Real Estate Market

As a smaller community, there are fewer homes for sale in the Paris real estate market than there are in nearby Lexington. However, there are still plenty of options for most buyers. As of January of 2018, the community had about 156 homes listed for sale on the open market, including foreclosures, pre-foreclosures, and bank-owned properties. The area also has some new developments and new construction.

As of January of 2018, the median listing price for a home for sale in Paris was $147,000. This is an average price per square foot of $69. And, the median closing price stood at $125,000. Overall, the market has remained fairly even over the last few years. The median rental price for an average home in the area is over $700, making it affordable to buy a home here.

The homes for sale in Paris are varied. It is possible to purchase homes with a significant amount of acreage here. It is also more common to buy two- or three-bedroom homes with about 1700 square feet of space for about $110,000. The wide range of options makes this a community ideal for many types of homebuyers.

Paris Community Amenities

Paris is somewhat of a tourism draw due to its various attractions and historically charming areas. It is home to the Artcroft Creative Center and Gallery, Bourbon Drive-In Theatre, and the Duncan Tavern. The city also has three golf courses, dozens of parks, and a strong community recreation program. For those who wish to enjoy the outdoors, the Central Kentucky Kayaking area is one option. Others include the Fryman’s Boat Dock, Paris Landing, and the Setter Ridge Kayaking area.

Paris Neighborhood Highlights

• The city is known for its Main Street area with numerous historic buildings preserved for 100 or more years.
• The ARTWALK, which happens each year in the Main Street area is a popular event that draws in people from throughout the region.
• A four-acre arboretum dominates the city. It’s called the Nanine Clay Wallis Arboretum.
• The area is home to the Houston Oaks Golf Course, Shady Brook Gold Club, and the Stoner Creek Golf Course, all available to the public.
• The city is also home to several brewery and distillery tours including the Kentucky Bourbon Trail Craft Tour and Rooster Brewing.

Paris School Information

Paris is home to numerous schools including both private and public options. The Paris school district is home to several elementary schools, two middle schools, and a high school. The area also offers a public preschool. There are several colleges and universities located in nearby Lexington for higher education needs. Many students will still commute to college as a result of this close location.

With low home prices, residents benefit the most from buying real estate in Paris now. The area is likely to continue to see growth and development due to its location near Lexington. Yet, homeowners here also like the more rural atmosphere present compared to the big city and they still have access to all of the amenities they want. For many Paris offers an excellent place to buy a home for the long term.

Paris Real Estate Agents

Buying or selling a home in Paris? Let our team of Kentucky real estate agents help you through the purchase of your new Paris property or your current home. As local Paris, KY real estate agents, we have expert insider knowledge of the market dynamics unique to the Paris real estate market. We’re here to work with you today!