Paris Texas Real Estate Market Report May 2026

The median sold price came in at $207,000 for May 2026 — down 9% from last month, which tells us the mix of what's closing has shifted toward more entry-level and mid-range properties this month rather than a true drop in value. Homes are averaging 87 days on market before closing, up slightly from last month. Active inventory is showing a median list price of $239,000, with pending listings sitting at a median of $249,950 — which means the homes going under contract are priced above what's actually closing, a sign that more affordable homes are moving while higher-priced listings are taking longer. Months of supply currently sits at 6.96 months, which firmly places Paris and Lamar County in a buyer's market — anything over 6 months typically favors buyers in negotiations.

What this means for buyers:

If you've been sitting on the sidelines waiting for the right time to buy in Paris or Lamar County, this market is working in your favor right now. With nearly 7 months of inventory, you have options, you have negotiating room, and sellers are motivated. The sold-to-list price ratio of 90.7% means buyers are successfully negotiating an average of about 9% off list price — that's real money. Get your pre-approval in order and let's go look at what's available. USDA financing is still an option for many properties in Lamar County, which means qualified buyers can get into a home with zero down.

What this means for sellers:

With 87 days on market as the median and a buyer's market firmly in place, pricing and condition are everything right now. Homes that are priced accurately and show well are still selling — they're just not flying off the shelf the way they were two years ago. If your home has been sitting, the market is telling you something about price or condition, and both are fixable. If you're thinking about listing, now is the time to have a real conversation about what your home is worth in today's market — not last year's market. I'll give you an honest number, not a number designed to win your listing.

What I'm seeing on the ground:

The activity I'm watching most closely right now is the gap between what sellers want and what buyers are willing to pay. That 90.7% sold-to-list ratio is the story — buyers are negotiating and winning. The homes moving fastest in Paris are the ones priced right from day one in the $150,000–$220,000 range, especially those with USDA eligibility, updated kitchens, and move-in ready condition. Anything that needs significant work is sitting unless the price reflects it. Acreage and rural properties in Lamar County are holding their value better than in-town inventory right now, which is a trend I'll be watching over the next few months.

Thinking about buying or selling in Paris, TX?

I'd love to talk through what this market means for your specific situation. I am a listing specialist with The W Group, powered by REAL Broker LLC, serving Paris, Lamar, Delta, Fannin, Red River, Hopkins Counties, Northeast Texas + Southeast Oklahoma.

Call or text me directly at (903) 517-5609
Email: wendybellrealtor@gmail.com

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Data sourced from MLS listing data for Paris, Texas — Single Family. Report prepared by Wendy Bell, REAL Broker LLC. May 2026.

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