Zip 89120 (Paradise, NV) Housing

The housing in 89120 Paradise, NV is valued at $367,800, which is above the national median value of $338,100. In the past year, the appreciation rate has been 10.62%, higher than the 8.27% across the US. This suggests that Paradise is a desirable place to live and that housing prices are on an upward trend. The high appreciation rate is beneficial for homeowners as it increases their property's resale potential and adds to its overall value.

The median home cost in Paradise (zip 89120) is $367,800. Home appreciation the last 10 years has been 244.5%. Home Appreciation in Paradise (zip 89120) is up 21.1%.

Average Age of Homes

- The median age of Paradise (zip 89120) real estate is 32 years old

The Rental Market in Paradise (zip 89120)

- Renters make up 41.0% of the Paradise (zip 89120) population
- 1.1% of houses and apartments in Paradise (zip 89120), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Paradise, Nevada	United States
	9,925.0	139,647,020.0
	37	42
	$367,800	$338,100
	21.1%	16.6%
	84.4%	57.0%
	244.5%	101.1%
	$5.11	$10.98
	$1,455	$2,690
	51.5%	57.4%
	6.8%	11.2%
	41.8%	31.4%
Vacant Housing
	1.1%	1.9%
	0.7%	0.4%
	1.0%	0.7%
	0.1%	0.4%
	1.9%	3.6%
	1.9%	4.1%
Value of Owner-Occupied Housing
	0.9%	2.6%
	0.8%	2.4%
	1.7%	2.8%
	1.2%	3.9%
	2.1%	4.5%
	8.0%	11.3%
	11.5%	13.0%
	27.7%	20.1%
	22.5%	13.6%
	12.1%	8.3%
	5.0%	9.7%
	3.4%	3.9%
	1.8%	2.2%
	1.0%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.8%	13.6%
	8.8%	13.6%
	24.8%	13.6%
	24.2%	13.2%
	31.9%	14.8%
	24.8%	13.6%
	0.9%	10.0%
	0.4%	4.7%
	0.0%	12.2%

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