Is Paris, ID 83261 a buyer’s or seller’s market?
Paris is a buyer’s market. With about 19.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Paris housing market right now
In the three months ending August 31, 2026, 0% of homes in Paris, ID 83261 sold above their list price, the typical home went under contract in 269 days and there were 19.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 33%, homes sold more slowly (14 days then) and the median sale price rose 104% to $652,718. Overall, Paris is less competitive than a year ago, which gives buyers more room.
Within Bear Lake County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Montpelier 83254 (7% sold over asking) is even more competitive.
Run the numbers for 83261
Nearby markets
Bern 83220 $143 /sq ftBloomington 83223 — /sq ftDingle 83233Buyer’s market $235 /sq ftFish Haven 83287Buyer’s market $274 /sq ft Browse all markets →Where Paris is
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Questions about Paris real estate
Is Paris a buyer’s or seller’s market?
A buyer’s market: there were 19.2 months of supply in Paris, ID 83261 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Paris?
The typical home went under contract in 269 days in the latest three months.
Do homes in Paris sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.5% of the list price.
What are property taxes in Paris?
About 0.41% of a home’s value a year in Bear Lake County, or roughly $1,640 on a $400,000 home.
What is the median home price in Paris?
The median sale price was $652,718 in the three months ending August 31, 2026, about $241 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology