Paranormal Activity (2007)

Yes. 86% of real audiences liked it based on 5,364 votes. Critics gave it 75%.

After a young, middle-class couple moves into what seems like a typical suburban house, they become increasingly disturbed by a presence that may or may not be demonic but is certainly the most active in the middle of the night. Wikipedia ↗

Paranormal Activity is a 2007 American found-footage supernatural horror film written and directed by Oren Peli, one of the most profitable films in cinema history relative to its budget. The film is presented as the recovered footage from a video camera set up by Micah, played by Micah Sloat, to document the increasingly disturbing supernatural phenomena experienced by his girlfriend Katie, played by Katie Featherston, in their San Diego home. The disturbances — doors moving by themselves, footsteps, shadows, and eventually physical assaults — escalate over three weeks from subtle oddities to terrifying attacks.

Paranormal Activity was shot in Oren Peli's own home for approximately $15,000, using the cast's real names and a near-complete absence of music, special effects, or visible scares to create dread through what the audience imagines rather than sees. The nighttime bedroom footage, with its static camera and time-stamp counting the hours of darkness, became a primal horror mechanism. Paranormal Activity earned $193 million worldwide, a return of over 12,000 times its production cost, and launched a franchise of six films.