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Paradise CDP, NV

ZIP 89158 — Housing & Real Estate

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

Upper Middle ClassRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 89158

Median Home Value
$1,191,200
Median Rent
$2,664
Affordability Snapshot
$328,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$7,652/mo PITI).

23%
Rent-to-Income Ratio

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

8.5x
Home Price-to-Income Ratio

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

37.3 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 89158 in Paradise CDP, NV, a household would need roughly $328,000 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 $7,652. That is about 135% above the local median household income ($139,868), 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 50% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
42.7%-35% vs US avg
x
Vacancy Rate
50.2%+387% vs US avg
x
Broadband Access
94.9%+9% vs US avg
x
4+ Bedrooms
0.8%-95% vs US avg
x
Built Pre-1939
0.0%
x
Built Post-2014
0.0%
x
Rent Burden >30%
6.5%-87% vs US avg
x
Mortgage-Free
59.8%+57% vs US avg
x
$1,191,200
Home Value
$2,664
Rent
2006
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 detached1.8%
  • 1-unit attached0.7%
  • 2-9 units0.0%
  • 10+ units97.6%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$1,191,200
Median rent$2,664
Owner-occupied42.7%
Vacant50.2%
Price-to-income8.5x
Est. income to buy$328,000