Paradise, NV Housing Market & Real Estate

Buyer's market-7.8% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Paradise, NV is $352,500, down 7.8% year-over-year. Homes sell in an average of 90 days with 982 active listings. The market is currently a buyer's market.

$352,500median sale price

Is Paradise a buyer's or seller's market?

Buyer's market6.0 months of supply90 avg. days on market

Paradise, NV is currently a buyer's market, based on 6.0 months of supply and homes selling in about 90 days. How we determine this →

Homes sold

164

Last 12 weeks

Days on market

90

Average pace

Active listings

982

6.0 months supply

Sale-to-list

95.9%

Below asking

Paradise, NV market data

Current housing market statistics for Paradise, NV
MetricValue
Median sale price$352,500
Median list price$366,500
Year-over-year price change-7.8%
Average days on market90 days
Active inventory982 listings
Months of supply6.0 months
Sale-to-list price ratio95.9%
Market conditionBuyer's market

Source: Redfin · Updated weekly

The Paradise housing market is currently classified as a buyer's market with a median sale price of $352,500. Prices have fallen 7.8% compared to last year, with homes spending an average of 90 days on market, indicating 6.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Paradise

There are currently 982 homes listed for sale in Paradise, Nevada. The median listing price is $367K.

Active listings

982

Homes on market

Median list price

$367K

Avg. days on market

90

Days until sale

New this week

284

Newly listed

Price drops:20.8%of listings
Sale-to-list:95.9%

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Frequently asked questions

What is the average home price in Paradise?

The median home sale price in Paradise is $352,500, down 7.8% from last year.

How long do homes stay on market in Paradise?

Homes typically spend 90 days on market before going under contract.

Is Paradise a buyer's or seller's market?

With 6.0 months of supply, Paradise is currently a buyer's market.

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