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Paradise CDP, NV

ZIP 89119 — 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 89119

Median Home Value
$301,000
Median Rent
$1,063
Affordability Snapshot
$83,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,934/mo PITI).

27%
Rent-to-Income Ratio

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

6.5x
Home Price-to-Income Ratio

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

23.6 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 89119 in Paradise CDP, NV, a household would need roughly $83,000 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 $1,934. That is about 79% above the local median household income ($46,472), 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 12% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
21.8%-67% vs US avg
x
Vacancy Rate
11.7%+14% vs US avg
x
Broadband Access
83.6%-4% vs US avg
x
4+ Bedrooms
0.8%-95% vs US avg
x
Built Pre-1939
0.6%-95% vs US avg
x
Built Post-2014
0.1%-98% vs US avg
x
Rent Burden >30%
26.3%-47% vs US avg
x
Mortgage-Free
35.6%-7% vs US avg
x
$301,000
Home Value
$1,063
Rent
1983
Year Built
2018
Moved In

Residents have lived here since ~2018 on average

Housing Structure

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

  • 1-unit detached17.1%
  • 1-unit attached2.3%
  • 2-9 units31.2%
  • 10+ units48.9%
  • Mobile home & other0.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$301,000
Median rent$1,063
Owner-occupied21.8%
Vacant11.7%
Price-to-income6.5x
Est. income to buy$83,000