Housing in Paradise, NV

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$408,000

Median List Price

$372,500

Price Per Sq Ft

$233

Days on Market

70

Active Inventory

938

Months of Supply

7.7

Buyer's market

Price Trends

Source: Redfin
Sale Price 9.8%List Price 0.7%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

10.7%

Off Market in 2 Weeks

23.6%

Sale-to-List Ratio

96.9%

Buyer's market

Sold Above Asking
10.7%
Under Contract in 2 Wks
23.6%
Listings with Price Drops
22.1%

Market Activity

Source: Redfin

Homes Sold

122

New Listings

246

Pending Sales

182

Homes Sold 35.8%New Listings 8.9%Pending 28.3%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$233

Median List $/SF

$262

Sale $/SF 3.3%List $/SF 3.1%Mar 24Jan 26

Paradise vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 100,000 - 250,000 residents. Paradise is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$358,400

Median Rent

$1,287

Total Housing Units

95,244

Vacancy Rate

19.9%

Owner Occupied

41.2%

Renter Occupied

58.8%

Median Property Tax

$1,519

per year

Monthly Cost (w/ Mortgage)

$1,300

Housing Types

Single Family
39.0%
Multi-Family
59.4%
Mobile Home
1.6%

The current median sale price in Paradise, NV is $408,000 according to Redfin data. Homes spend a median of 70 days on the market. 10.7% of homes sold above asking price. The market has 7.7 months of supply. The median price per square foot is $233. The median rent is $1,287 per month (Census ACS). About 41.2% of housing units are owner-occupied. The median year homes were built is 1987. There are 95,244 total housing units.