Paradise, NV is a great place to invest in real estate. The median value for housing in Paradise is around $318,500 which is lower than the US median value of $338,100. In addition to this, the one-year appreciation rate for housing in Paradise was 10.61% compared to the US rate of 8.27%. This shows that Paradise has a strong and growing real estate market, making it an attractive option for potential home buyers or investors looking to make a good return on their investment.
The median home cost in Paradise is $318,500. Home appreciation the last 10 years has been 244.3%. Home Appreciation in Paradise is up 21.1%.
Average Age of Homes
- The median age of Paradise real estate is 28 years old
The Rental Market in Paradise
- Renters make up 45.7% of the Paradise population
- 11.4% of houses and apartments in Paradise, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.