38236
Paris, Tennessee
Paris 38236 needs watching.
The 38236 ZIP code in Paris, Tennessee has a median sale price of $385K, down -31.8% year-over-year. Homes spend an average of 127 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 45 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 38236.
The Paris, TN 38236 market is experiencing significant downward pressure, with the median sale price reaching $385,000 after a sharp 31.8% year-over-year decline. Properties are averaging 127 days on market, nearly triple the national benchmark for balanced conditions. Notably, zero homes have sold above asking price in the current period, indicating buyers maintain full pricing control and sellers face limited negotiating power in transactions.
This environment strongly favors patient buyers willing to negotiate aggressively below list price, particularly those seeking primary residences without time constraints. The 127-day market absorption period provides extended due diligence windows and multiple price reduction opportunities. Conversely, sellers face unfavorable conditions unless relocating from higher-cost markets where the $385,000 price point still represents equity preservation despite the 31.8% annual erosion.
The PropIQ score of 45 signals continued caution, suggesting stabilization remains distant and further price deterioration is probable without demand catalysts. Buyers should monitor whether days-on-market contracts below 100 days or any properties begin closing above list price as early reversal indicators. The current data trajectory points toward an additional 6-12 months of buyer-favorable conditions before equilibrium returns to this ZIP code.
What is the median home price in 38236 Paris?
The median sale price in 38236 is $385K, down -31.8% year-over-year as of 2025-09-30.
How long do homes stay on the market in Paris 38236?
Homes in 38236 Paris spend an average of 127 days on market before going under contract.
Is Paris 38236 a good place to invest in real estate?
Folio's PropIQ™ score for 38236 is 45/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 45 mean for 38236?
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 45 = Caution in 38236 Paris, Tennessee.