#2656958, Jamie Kirk, Listing Office: Alchemy Investments RE
Paradise Housing Market Report January 2025•Clark County, Nevada
Housing Prices in Paradise, NV
How much do homes in Paradise, NV cost?
Housing Market Conditions
Is Paradise, NV a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Paradise is a Buyer's Market
Difference Since January 2024
At the same time last year, Paradise was a Seller's Market.
Paradise is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Paradise have sold for 10% more than they did a year ago.
Summary: The median home sold price in Paradise was $379,860 in January 2025, up 10% from last year, and the median price per square foot was $239.
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $248.3K | $275K | +10.7% |
22 Bedrooms | $240K | $248.7K | +3.6% |
33 Bedrooms | $360K | $386.8K | +7.5% |
44 Bedrooms | $445K | $470K | +5.6% |
55+ Bedrooms | $520K | $579.5K | +11.4% |
Summary: Paradise housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +10.7%. The home price for 2 bedroom homes increased by +3.6%. The home price for 3 bedroom homes increased by +7.5%. The home price for 4 bedroom homes increased by +5.6%. The home price for 5 bedroom homes increased by +11.4%.
Housing supply in Paradise, NV
How many homes are available in Paradise, NV?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
846Last MonthJan 2025 | ||
7292 months agoDec 2024 | +16.0 % Change MoMDec – Jan |
Summary: The Paradise real estate market had 846 homes for sale in Jan 2025, a 16.0 % increase compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
116Last MonthJan 2025 | ||
1392 months agoDec 2024 | -16.5 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 117 | 150 | +28.2% |
22 Bedrooms | 231 | 272 | +17.7% |
33 Bedrooms | 220 | 224 | +1.8% |
44 Bedrooms | 116 | 145 | +25.0% |
55+ Bedrooms | 45 | 55 | +22.2% |
Summary: Paradise housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +28.2%. The inventory for 2 bedroom homes increased by +17.7%. The inventory for 3 bedroom homes increased by +1.8%. The inventory for 4 bedroom homes increased by +25.0%. The inventory for 5 bedroom homes increased by +22.2%.
Asking Price vs. Sold Price
How much do homes in Paradise, NV cost?
Over Asking Price19 Homes
At Asking Price31 Homes
Under Asking Price66 Homes
If you're buying a home in Paradise, you may be able to get a good deal. 56.9% of homes here sold below asking price last month.
Summary: A total of 116 homes were sold or pending in Paradise in January 2025, down by 16.5% month-over-month. Of the 116 sold homes, 57% were sold under asking, 27% were sold at asking, and and 16% were sold over asking.
Days on Market for Paradise, NV
How long does it take to sell a home in Paradise, NV?
Breakdown of Home Sale Times
Under 30 Days54 Homes
30 – 90 Days40 Homes
Over 90 Days22 Homes
Many homes in Paradise are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 116 homes were sold in Paradise; 47% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
50 DaysThis YearJan 2025 | ||
40 Days1 year agoJan 2024 | +24.2 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Paradise had an average listing age of 50 days in Jan 2025, up by 24.2% compared to the previous year.
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Newest Listings in Paradise, NV
What homes are available in Paradise, NV?
Nearby markets
Nearby markets aren't available for Paradise, NV
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MLS Disclaimers and Copyright
Based on information from Greater Las Vegas MLS, for the period 02/01/2023 - 02/01/2025
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Copyright 2025 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 1:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.