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Paradise CDP, NV

ZIP 89121 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLarge CommunityLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 89121

Median Home Value
$288,400
Median Rent
$1,153
Affordability Snapshot
$79,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,853/mo PITI).

25%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

5.3x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

20.8 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 89121 in Paradise CDP, NV, a household would need roughly $79,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,853. That is about 45% above the local median household income ($54,667), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 17% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
51.5%-21% vs US avg
x
Vacancy Rate
17.2%+67% vs US avg
x
Broadband Access
82.5%-5% vs US avg
x
4+ Bedrooms
1.8%-88% vs US avg
x
Built Pre-1939
0.7%-94% vs US avg
x
Built Post-2014
0.4%-95% vs US avg
x
Rent Burden >30%
33.0%-34% vs US avg
x
Mortgage-Free
39.1%+2% vs US avg
x
$288,400
Home Value
$1,153
Rent
1980
Year Built
2016
Moved In

Residents have lived here since ~2016 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached35.9%
  • 1-unit attached14.3%
  • 2-9 units19.2%
  • 10+ units22.8%
  • Mobile home & other7.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$288,400
Median rent$1,153
Owner-occupied51.5%
Vacant17.2%
Price-to-income5.3x
Est. income to buy$79,000