38222
Paris, Tennessee
Paris 38222 needs watching.
The 38222 ZIP code in Paris, Tennessee has a median sale price of $399K, up +55.0% year-over-year. Homes spend an average of 70 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 55 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 38222.
# ZIP Code 38222: Paris, TN Market Report
The Paris market shows significant price acceleration with a median sale price of $399,250, representing a 55.0% year-over-year increase that outpaces typical Tennessee appreciation patterns. Properties are averaging 70 days on market, indicating moderate buyer demand rather than the frenzied activity typically associated with such price gains. Notably, zero homes are selling above list price, suggesting this steep appreciation reflects baseline price adjustments rather than competitive bidding pressure.
This environment favors sellers who purchased before the recent price surge, as they can capture substantial equity gains despite the 70-day absorption period. Buyers face elevated entry costs without competitive pressure, providing negotiation leverage that contradicts the price growth narrative. Cash investors should proceed cautiously given the PropIQ score of 55/100, as the disconnect between dramatic price increases and tepid demand signals—no above-list sales, extended marketing times—indicates potential overvaluation relative to local fundamentals.
The 55 PropIQ score signals deteriorating conditions ahead, warranting close monitoring of inventory levels and price reduction trends in coming months. The combination of extreme annual appreciation and soft demand metrics suggests prices may have overextended relative to local income and employment fundamentals. Watch for increasing days-on-market figures and eventual price cuts as leading indicators of correction, particularly if the zero-percent above-list trend persists through spring selling season.
What is the median home price in 38222 Paris?
The median sale price in 38222 is $399K, up +55.0% year-over-year as of 2026-02-28.
How long do homes stay on the market in Paris 38222?
Homes in 38222 Paris spend an average of 70 days on market before going under contract.
Is Paris 38222 a good place to invest in real estate?
Folio's PropIQ™ score for 38222 is 55/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 55 mean for 38222?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 55 = Caution in 38222 Paris, Tennessee.