Paradise, CA—95969
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Paradise, CA
As of Oct '25, the median home price in Paradise, CA is $314,000, with a year-over-year change of -4.3%. This indicates that home prices in Paradise, CA are decreasing. According to Zillow, the 1-year price projection is -2.3%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $314,000 | -4.3% |
| Single Family | $318,000 | -4.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $243,000 | -5.4% |
3 Bed | $380,000 | -2.6% |
4 Bed | $489,000 | -2.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Paradise, CA
As of July '25, Rentcast reports the average rent in Paradise, CA is $1,540, with a year-over-year rent change of -0.6%. Per bedroom, the median rent as of July '25 in Paradise, CA is studios: $1,060, 1-bedrooms: $1,230, 2-bedrooms: $1,440, 3-bedrooms: $1,920. The most common rental property sizes in Paradise, CA are 1-bedroom and 2-bedroom, accounting for 53.7% and 37.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,540 |
| Studio Rent | $1,060 | $1,060 |
| 1 Bed Rent | $1,180 | $1,230 |
| 2 Bed Rent | $1,400 | $1,440 |
| 3 Bed Rent | $1,800 | $1,920 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Paradise, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Paradise, CA is 65. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 34.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $428,000 | -4.0% |
Listing Count | 137 | 23.0% |
| Listings as % of Homes | 2.5% | 23.0% |
Days on Market | 65 | -1.0% |
Demographics — Paradise, CA
As of the latest ACS Survey released in 2023, Paradise, CA has a population of 7,800, which has decreased by -72.1% over the past 5 years. Paradise, CA is a less popular place for families, as children make up 13.7% of the population. The area has a moderately educated workforce, with 30.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,800 | -72.1% |
% Under 18 | 13.7% | -26.3% |
% Seniors | 40.2% | 51.1% |
% WFH | 17.8% | 143.8% |
% w/ College Degree | 30.3% | 37.1% |
As of the latest ACS Survey released in 2023, Paradise, CA is a predominantly white area, with 82.0% of the population identifying as white. The white population has shrunk by 4.8% in the last 5 years. The second most common race or ethnicity in Paradise, CA is hispanic, making up 7.9% of the population. Foreign-born residents account for 3.2% of the population in Paradise, CA, and this percentage has increased by 28.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 82.0% | -4.8% |
% Black | 0.5% | 66.7% |
% Hispanic | 7.9% | 9.7% |
% Asian | 1.7% | 70.0% |
% Foreign Born | 3.2% | 28.0% |
Mortgage and Risk — Paradise, CA
According to HUD data as of 2023, there were 299 mortgage originations in Paradise, CA, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Paradise, CA. Investor activity is low, as 1.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 299 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Paradise, CA
Paradise, CA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 97 |
Total Units Section 8 | 97 |
% Rentals under Section 8 | 13.1% |
% Occupied Section 8 | 100.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$160 | $1,180 | $1,020 |
| 2 Bedroom | -$70 | $1,400 | $1,330 |
| 3 Bedroom | $60 | $1,800 | $1,860 |
| 4 Bedroom | N/A | N/A | $2,230 |
Affordability — Paradise, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5 |
| Median Home Price | $314,000 |
| Median Household Income | $72,200 |