Paradise, Nevada Real Estate & Housing Market

Paradise, NV Listings

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Paradise Housing Information

Index	Paradise	Nevada	National
Median home price	$169,800	$191,600	$184,700
Median rent asked	$880	$984	$949
Avg. people per household	2.6	2.7	2.6
Owner occupied households	39.9%	54.8%	63.6%
Renter occupied households	60.1%	45.2%	36.4%

Above is a snapshot look at the real estate market in Paradise, NV. In Paradise, NV, the median house price is $169,800, making the price 11% lower than that the average for Nevada. Therefore, the affordability of Paradise, NV area real estate is more affordable than the real estate in other areas of Nevada. In addition, Paradise, NV has a median rent price of $880; this price is 11% lower than that the average rental price for Nevada. 39.9% of residents in Paradise, NV are homeowners, and the average amount of people who reside in each home is 2.6. Paradise, NV has a wide array of real estate options available, ranging from cost-friendly condos to high-end luxury homes. We filter listings by number of bathrooms and bedrooms, price and area to simplify the search process for Paradise, NV real estate for sale.

Paradise Home Affordability

When looking for real estate in Paradise, NV, nothing is more important than affordability. There are several methods to calculate the affordability of a home, but perhaps the best way is the home price to median household income ratio. In Paradise, NV, the median price of a home is $169,800 and $44,841 is the median household income. This means that the home price to income ratio is 3.8x, a ratio that is 5% higher than the average in Nevada. The median home price is divided by the median home income to calculate the home affordability ratio. Homes in Paradise, NV will be more financially accessable if the ratio has a lower than average home price to home income. These are not the only aspects to look at when determining the affordability of a home. A home affordability calculator offers a much more exact overview of the true affordability of a property. Use the calculator below to better determine how much you can pay for real estate in Paradise, NV.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Nellis AFB, NV	3,252	$51,800	72%
Sunrise Manor, NV	192,873	$117,100	37%
Whitney, NV	41,124	$125,000	32%
Winchester, NV	27,986	$128,300	31%
North Las Vegas, NV	230,436	$161,500	13%
Paradise, NV	229,666	$169,800	8%

Cities with similar population

City, State	Population	Home Price	National Avg.
North Las Vegas, NV	230,436	$161,500	13%
Baton Rouge, LA	228,694	$158,400	14%
Fremont, CA	227,934	$702,800	281%
Irving, TX	232,013	$147,500	20%
Gilbert, AZ	226,832	$264,700	43%
Paradise, NV	229,666	$169,800	8%

Source: The Paradise, NV housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).