According to statistics, the population in Paradise, NV amounts to 231,858, which shows decline 1% compared to the previous year. The median age of the city’s residents is 36. The average household income is $45,904, shifting growth 2% from the past year, and the average property value in Paradise, NV growth 13% to $191,800 throughout the year.
|Number Of Employees||116,672|
|Median Property Value||$191,800|
The average household income in Paradise, NV grew from $44,841 to $45,904 in the past year. This data is an estimate based upon 88,842 households in Paradise, NV . The chart below presents how household income is distributed in Paradise, NV in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Paradise, NV shifted from $169,800 to $191,800 throughout the year. The subsequent graph indicates the share of properties in the given price range in Paradise, NV in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Paradise, NV properties falls in the '$200,000 to $249,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Paradise, NV compared to median property taxes around the country. The prevalent amount of property taxes in Paradise, NV equals $1150, which is less than the national average.
|Apartment Size||Feb||vs Last Month|
|4+ bed apartments||$705,039||+4.4%|
During February 2023, the average price for an apartment in/near Paradise, NV increased by 4.4% to $526,507.
Knowing the current property prices is key if you plan to buy a studio in Paradise, NV. The average price for a studio has increased since the last month, currently being $502,162. After collecting all data points, we now see that the average price for 1-bed apartment increased by 1% to $467,509. Asking price for 2-bed apartment also decreased by 1.8% and a place of this size will now cost you $407,803. A 3-bed apartment goes for $452,653, it increased by 1.8% lately. We discerned the rise of 4- and more bed apartment price. It increased by 4.4% and made it up to $705,039.
|Listing Type||Feb||vs Last Month|
|Townhouses for sale||$309,077||-0.5%|
|Lofts for sale||$596,479||-0.9%|
|Houses for sale||$574,544||+3.4%|
|Condos for sale||$455,658||-0.6%|
|Land for sale||$1,214,815||+402.1%|
|Duplexes for sale||$615,833||+1.6%|
While assessing the property pricing Paradise, NV, you can note that it remains flat with a price tag of $266,222. Price reports demonstrate that house price increased by 3.4% this month making it up to $574,544. Condos faced an upward trend these days. The median price for a condo decreased by 0.6%, it’s now available for $455,658. You can now purchase a duplex for just $615,833, duplex price increased by 1.6% this month. The price dynamics of lofts changed, it decreased by 0.9%, the price tag now starts at $596,479. The property value of townhouses decreased by 0.5%, you’ll have to spend around $309,077 to get one. The average price of the land for sale in Paradise, NV has increased by 402.1%, and now equals $1,214,815.