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PARIS, KY 40361

Real Estate Market Report  ·  Bourbon County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The PARIS, KY real estate market (40361) currently shows 74 active listings, with 28 pending sales. Homes are averaging 55 days on the market before going under contract.

Inventory has increased compared to last year, with 26 more homes available — giving buyers more choice.

Homes are selling faster, averaging 55 days on market compared to 57 days last year.

The median listing price has fallen 8.2% year-over-year, from $360,702 to $331,159.

Whether you are buying or selling in PARIS, KY, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 18,286  ·  Density: 27.5/mi²  ·  Median household income: $56,701

Typical home value: $191,374  ·  Homeownership: 64.9%

Market Overview

Active Listings
74
⇧ 54.2% vs 48 last year
Pending
28
38% pending ratio
Median Price
$331,159
⇩ 8.2% vs $360,702 last year
Average Price
$422,374
⇩ 46.9% vs $796,162 last year
Days on Market
55
⇩ 3.5% vs 57 days last year

Price Per Square Foot

Median $/sqft
$165
⇩ 10.3% vs $184/sqft last year
Median Home Size
1,800 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 74 this year vs 48 last year
  • Days on market: 55 now vs 57 last year

Median & Average Pricing

Year over Year
  • Median: $331,159 (-8.2% YoY)
  • Average: $422,374 (-46.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 24.3 miles — 750 listings ($383,570,907 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
40361Paris, KY 403610.0 mi71$23,700,155$295,000$333,805
40516Lexington, KY 4051611.9 mi4$8,369,332$553,750$2,092,333
40511Lexington, KY 4051114.5 mi158$102,838,724$377,500$650,878
40505Lexington, KY 4050516.1 mi57$16,722,147$273,725$293,371
40391Winchester, KY 4039116.8 mi134$61,190,296$301,675$456,644
40353Mount Sterling, KY 4035317.9 mi77$34,331,836$289,000$445,868
40507Lexington, KY 4050718.4 mi8$9,851,904$665,750$1,231,488
40502Lexington, KY 4050219.3 mi89$73,923,044$603,475$830,596
40517Lexington, KY 4051721.0 mi81$21,605,049$249,900$266,729
40503Lexington, KY 4050321.9 mi57$23,182,470$376,225$406,710
40510Lexington, KY 4051022.5 mi2$3,774,000$1,887,000$1,887,000
41039Ewing, KY 4103923.5 mi6$2,763,000$473,250$460,500
41003Berry, KY 4100324.3 mi6$1,318,950$237,200$219,825

Frequently Asked Questions

How many homes are for sale in PARIS, KY 40361?

As of March 2026, there are 74 active listings in PARIS, KY (zip code 40361), compared to 48 the prior year.

What is the median home price in PARIS, KY 40361?

The median listing price in PARIS, KY 40361 is $331,159 as of March 2026, a 8.2% decrease from $360,702 the prior year.

How long do homes stay on the market in PARIS, KY?

Homes in PARIS, KY 40361 spend an average of 55 days on the market before going under contract, compared to 57 days the prior year.

Is it a seller's or buyer's market in PARIS, KY 40361?

Based on current inventory and days-on-market data as of March 2026, PARIS, KY 40361 is currently a Balanced Market. Inventory has increased compared to last year, with 26 more homes available — giving buyers more choice. Homes are selling faster, averaging 55 days on market compared to 57 days last year.

How much can I save on real estate commission in PARIS, KY?

With SELL123.com's maximum 3% commission, sellers in PARIS, KY 40361 save an estimated $6,623 compared to a typical 5% commission on the median listing price of $331,159. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.