Zip 89121 (Paradise, NV) Housing

The housing market in 89121 Paradise, NV is a strong one compared to the US Housing Median Value. The median value for this area is $304,100 which is significantly lower than the US House Median Value of $338,100. However, this area has seen a higher rate of appreciation in the last year at 10.62%, compared to the nationwide average of 8.27%. This could make it a great opportunity for potential homebuyers and investors looking to take advantage of an appreciating housing market.

The median home cost in Paradise (zip 89121) is $304,100. Home appreciation the last 10 years has been 244.5%. Home Appreciation in Paradise (zip 89121) is up 21.1%.

Average Age of Homes

- The median age of Paradise (zip 89121) real estate is 38 years old

The Rental Market in Paradise (zip 89121)

- Renters make up 43.6% of the Paradise (zip 89121) population
- 8.1% of houses and apartments in Paradise (zip 89121), 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
	28,583.0	139,647,020.0
	42	42
	$304,100	$338,100
	21.1%	16.6%
	84.4%	57.0%
	244.5%	101.1%
	$5.67	$10.98
	$910	$2,690
	41.5%	57.4%
	15.2%	11.2%
	43.3%	31.4%
Vacant Housing
	8.1%	1.9%
	0.6%	0.4%
	1.3%	0.7%
	1.3%	0.4%
	2.2%	3.6%
	1.7%	4.1%
Value of Owner-Occupied Housing
	7.8%	2.6%
	2.5%	2.4%
	1.0%	2.8%
	1.9%	3.9%
	2.8%	4.5%
	11.1%	11.3%
	16.3%	13.0%
	37.2%	20.1%
	13.8%	13.6%
	3.7%	8.3%
	0.9%	9.7%
	0.4%	3.9%
	0.0%	2.2%
	0.3%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	6.5%	13.6%
	6.5%	13.6%
	19.0%	13.6%
	17.0%	13.2%
	37.6%	14.8%
	19.0%	13.6%
	2.1%	10.0%
	1.0%	4.7%
	0.5%	12.2%

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