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Featured local agent — Paradise, NV
Sarah Mitchell
Compass Real Estate · Paradise, NV
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Paradise, NV Housing Market & Real Estate
Housing market overview · Updated monthly ·
$404,500median sale price
How is the Paradise, NV housing market right now?
The median home sale price in Paradise, NV is $404,500, up 3.7% year-over-year. Homes sell in an average of 56 days with 960 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Paradise a buyer's or seller's market?
Paradise, NV is currently a buyer's market, based on 5.3 months of supply and homes selling in about 56 days. How we determine this →
Homes sold
180
Last 12 weeks
Days on market
56
Average pace
Active listings
960
5.3 months supply
Sale-to-list
98.0%
Below asking
What does the Paradise housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $404,500 |
| Median list price | $399,900 |
| Year-over-year price change | +3.7% |
| Average days on market | 56 days |
| Active inventory | 960 listings |
| Months of supply | 5.3 months |
| Sale-to-list price ratio | 98.0% |
| Median price per sq ft | $241/sq ft |
| Homes sold (latest month) | 180 |
| New listings (latest month) | 278 |
| Listings with a price cut | 25.6% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Paradise by property type?
How the Paradise, NV market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $455,000 | $258/sq ft | 101 | 52 days |
| Condo / Co-op | $235,000 | $241/sq ft | 51 | 83 days |
| Townhouse | $297,500 | $189/sq ft | 24 | 49 days |
Source: Redfin · Updated monthly
The Paradise housing market is currently classified as a buyer's market with a median sale price of $404,500. Prices have risen 3.7% compared to last year, with homes spending an average of 56 days on market, indicating 5.3 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Homes for sale in Paradise
There are currently 960 homes listed for sale in Paradise, Nevada. The median listing price is $400K.
Active listings
960
Homes on market
Median list price
$400K
Avg. days on market
56
Days until sale
New this week
278
Newly listed
Who lives in Paradise?
Population
186,178
Median income
$58,874/yr
Median age
39 years
Owner-occupied
41.2%
College grads
23.9%
Avg commute
23.1 min
Source: U.S. Census Bureau ACS
What is it like to live in Paradise?
Paradise is a community of approximately 186K residents with a median age of 39 years.The median household income is $58,874, which represents a working-class community with solid middle-income opportunities. 23.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 41.2%, showing a blend of owner and renter-occupied properties. The average commute time is 23.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Paradise offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Paradise, NV?
Want a head-to-head view? Compare Paradise side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Paradise?
The median home sale price in Paradise is $404,500, up 3.7% from last year.
How long do homes stay on market in Paradise?
Homes typically spend 56 days on market before going under contract.
What is the median income in Paradise?
The median household income is $58,874 per year.
Is Paradise a buyer's or seller's market?
With 5.3 months of supply, Paradise is currently a buyer's market.
What is the median condo price in Paradise?
The median condo/co-op sale price in Paradise, NV is $235,000, compared to $455,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Paradise?
The median single-family home price in Paradise, NV is $455,000 (about $258 per square foot).
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