Zip 89123 (Paradise, NV) Housing

Housing in Paradise, NV (89123) is doing well compared to the US average. According to recent statistics, the median value of housing in Paradise is $412,100, which is much higher than the US median value of $338,100. Additionally, the 1 year appreciation rate for houses in Paradise is 10.62%, significantly higher than the US appreciation rate of 8.27%. This indicates that residents of Paradise are seeing an increased value in their homes over the past year.

The median home cost in Paradise (zip 89123) is $412,100. Home appreciation the last 10 years has been 244.5%. Home Appreciation in Paradise (zip 89123) is up 21.1%.

Average Age of Homes

- The median age of Paradise (zip 89123) real estate is 20 years old

The Rental Market in Paradise (zip 89123)

- Renters make up 37.6% of the Paradise (zip 89123) population
- 2.9% of houses and apartments in Paradise (zip 89123), 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
	26,297.0	139,647,020.0
	24	42
	$412,100	$338,100
	21.1%	16.6%
	84.4%	57.0%
	244.5%	101.1%
	$5.46	$10.98
	$1,841	$2,690
	50.3%	57.4%
	10.5%	11.2%
	39.2%	31.4%
Vacant Housing
	2.9%	1.9%
	0.4%	0.4%
	0.5%	0.7%
	0.0%	0.4%
	5.0%	3.6%
	1.7%	4.1%
Value of Owner-Occupied Housing
	1.5%	2.6%
	0.7%	2.4%
	0.1%	2.8%
	0.3%	3.9%
	0.1%	4.5%
	2.3%	11.3%
	5.0%	13.0%
	26.8%	20.1%
	35.3%	13.6%
	18.6%	8.3%
	7.2%	9.7%
	1.3%	3.9%
	0.5%	2.2%
	0.1%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	27.8%	13.6%
	27.8%	13.6%
	52.0%	13.6%
	9.5%	13.2%
	3.2%	14.8%
	52.0%	13.6%
	0.5%	10.0%
	0.0%	4.7%
	0.0%	12.2%

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