Paris, TN home prices
Typical home $221,771 · +6.7% in a year · income needed $59,400
The Paris, TN metro area ranks 561 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +6.7% in a year and +35.3% over five years. With 20% down at 7.11%, the typical home costs about $1,386 a month including 0.44% property tax (Henry County rate).
Mortgage on the typical Paris home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $44,354 | $177,417 | $1,193 | $0 | $192 | $1,386 | $59,400 |
| 10% down | $22,177 | $199,594 | $1,343 | $83 | $192 | $1,618 | $69,300 |
| 5% down | $11,089 | $210,682 | $1,417 | $88 | $192 | $1,697 | $72,700 |
| 3.5% down (FHA) | $7,762 | $217,754 | $1,465 | $98 | $192 | $1,755 | $75,200 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.44% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Paris area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Henry County, TN | $221,770 | +6.7% | 0.44% |
What can you afford in Tennessee on your salary? · Tennessee home prices · Salaries in Tennessee
Frequently asked questions
How much is a house in Paris?
The typical home in the Paris, TN metro area is worth $221,771 (Zillow, September 2026).
What salary do you need to buy a house in Paris?
About $59,400 a year for the typical home with 20% down at 7.11%.