Paradise Valley, AZ is an affluent community with a median housing value of $3,012,800, which is far above the US median of $338,100. Furthermore, the one year house appreciation rate in Paradise Valley is 9.87%, which is higher than the 8.27% national average. Thus it can be seen that Paradise Valley has a very strong real estate market and remains a desirable place to live.
The median home cost in Paradise Valley is $3,012,800. Home appreciation the last 10 years has been 199.6%. Home Appreciation in Paradise Valley is up 21.6%.
Average Age of Homes
- The median age of Paradise Valley real estate is 36 years old
The Rental Market in Paradise Valley
- Renters make up 5.9% of the Paradise Valley population
- 0.0% of houses and apartments in Paradise Valley, 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.