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Paradise CDP, NV

ZIP 89109 — Housing & Real Estate

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

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 89109

Median Home Value
$494,800
Median Rent
$1,136
Affordability Snapshot
$136,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,178/mo PITI).

25%
Rent-to-Income Ratio

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

9.0x
Home Price-to-Income Ratio

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

36.3 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 89109 in Paradise CDP, NV, a household would need roughly $136,000 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 $3,178. That is about 148% above the local median household income ($54,917), 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 72% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
35.9%-45% vs US avg
x
Vacancy Rate
71.6%+595% vs US avg
x
Broadband Access
89.0%+2% vs US avg
x
4+ Bedrooms
0.2%-99% vs US avg
x
Built Pre-1939
0.4%-97% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
37.7%-24% vs US avg
x
Mortgage-Free
50.5%+32% vs US avg
x
$494,800
Home Value
$1,136
Rent
2003
Year Built
2019
Moved In

Residents have lived here since ~2019 on average

Housing Structure

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

  • 1-unit detached2.2%
  • 1-unit attached2.9%
  • 2-9 units9.4%
  • 10+ units85.5%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$494,800
Median rent$1,136
Owner-occupied35.9%
Vacant71.6%
Price-to-income9.0x
Est. income to buy$136,000