Paradise: Housing & Real Estate
The median Paradise home is valued at $671,600, with median rent $861 (1.5× below Mono County median $1,259; 2.2× below California median $1,873). Homeownership rate: 83.3%. That's 1.4× higher than the Mono County median ($496,800); 1.1× below the California median ($707,009). A municipal building code is in effect.
- 6.1× annual income — home value vs. household income (vs California 6.9×).
- 65.0 years to break even renting at the median (vs California 31y).
Home Values & Rent
Median home value $671,600 — 0.9× the California median ($707,008). Median rent $861/month. homeownership rate 83.3% — above the U.S. share of ~65%.
| Median Home Value | $671,600 (vs California $707,009) |
|---|---|
| Median Rent | $861 (vs California $1,873) |
Other
| Homeownership Rate | 83.3% |
|---|---|
| Median Year Built | 1993 |