Paradise, UT—84328
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Paradise, UT
As of Oct '25, the median home price in Paradise, UT is $662,000, with a year-over-year change of 1.1%. This indicates that home prices in Paradise, UT are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $662,000 | 1.1% |
| Single Family | $663,000 | 1.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Paradise, UT
Paradise, UT lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Paradise, UT
As of Oct '25, Realtor.com reports that the median days on market for a home in Paradise, UT is 69. This is a increase of 39.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,150,000 | 1.0% |
Listing Count | 12 | 12.0% |
| Listings as % of Homes | 0.5% | 12.0% |
Days on Market | 69 | 39.0% |
Demographics — Paradise, UT
As of the latest ACS Survey released in 2023, Paradise, UT has a population of 1,770, which has increased by 8.0% over the past 5 years. Paradise, UT is a moderately popular place for families, as children make up 24.3% of the population. The area has a moderately educated workforce, with 39.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,770 | 8.0% |
% Under 18 | 24.3% | -19.8% |
% Seniors | 21.3% | 39.2% |
% WFH | 17.2% | 237.3% |
% w/ College Degree | 39.6% | 19.6% |
As of the latest ACS Survey released in 2023, Paradise, UT is a predominantly white area, with 96.8% of the population identifying as white. The white population has shrunk by 1.2% in the last 5 years. The second most common race or ethnicity in Paradise, UT is hispanic, making up 2.4% of the population. Foreign-born residents account for 0.9% of the population in Paradise, UT, and this percentage has decreased by 25.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 96.8% | -1.2% |
% Black | 0.1% | ∞% |
% Hispanic | 2.4% | 60.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.9% | -25.0% |
Mortgage and Risk — Paradise, UT
According to HUD data as of 2023, there were 63 mortgage originations in Paradise, UT, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 47.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Paradise, UT. Investor activity is low, as 0.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 63 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 0.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Paradise, UT
Paradise, UT lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | 3.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,020 |
| 2 Bedroom | N/A | N/A | $1,300 |
| 3 Bedroom | N/A | N/A | $1,820 |
| 4 Bedroom | N/A | N/A | $2,180 |
Affordability — Paradise, UT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.6 |
| Median Home Price | $662,000 |
| Median Household Income | $97,600 |