The housing market in Paradise, TX is thriving, with the median value of homes being significantly higher than the US average ($430,500 vs. $338,100). This is further evidenced by the strong appreciation rates experienced in Paradise over the past year (15.47%) compared to the national average (8.27%), showing that people are more willing to invest in real estate in this area. With such a favorable market, it looks like paradise is indeed living up to its name.
The median home cost in Paradise is $430,500. Home appreciation the last 10 years has been 144.5%. Home Appreciation in Paradise is up 21.8%.
Average Age of Homes
- The median age of Paradise real estate is 48 years old
The Rental Market in Paradise
- Renters make up 24.2% of the Paradise population
- 0.0% 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.