Market Overview
Home Prices in Paris, MS
The median home value in Paris, MS is $275,567 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 5.3% compared to a year ago and up 1.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Paris are priced33% below average. Paris is part of the Oxford, MS metro area.
Over the past five years, Paris home values have risen by approximately8.6%, reflecting steady appreciation in this market.
Price History
Paris Home Price Trend
2021
$253,852
$254K
—
2022
$267,354
$267K
+5.3%
2023
$271,079
$271K
+1.4%
2024
$286,489
$286K
+5.7%
2025
$290,950
$291K
+1.6%
2026
$275,567
$276K
-5.3%
City Comparison
Paris vs. National Median
🏠 Paris
$275,567
National Median
$410,000
At $275,567, homes in Paris cost 33% below the national median of $410,000. This makes Paris a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Paris?
20% Down Payment
$55,113
on $275,567
Monthly P&I
$1,437/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,825/mo
incl. taxes & insurance
Income Needed
$73,000
gross annual (30% rule)
10% Down Option
$27,557
+ PMI applies
Loan Amount (20% dn)
$220,454
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Paris, MS?
The median home value in Paris is $275,567 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 5.3% year-over-year.
How much have home prices changed in Paris?
Over the past year, home values in Paris have decreased by 5.3%. Over five years, prices have risen approximately 8.6%.
How much do I need to earn to buy a home in Paris?
To comfortably afford the median home price of $275,567 with a 20% down payment ($55,113) at today's rates (6.8%), you'd need a gross annual income of approximately $73,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Paris compare to the national average home price?
The national median home value is approximately $410,000. At $275,567, homes in Paris are 33% below the national average.
What metro area is Paris part of?
Paris is part of the Oxford, MS metropolitan area. Home prices and market conditions can vary across the broader metro region.