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Housing in Paradise

318 homes sold in Paradise in the last year, at a typical $404K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Paradise homes are listed.

Homes sold
318
June 2025 to May 2026
Typical sale price
$404K
median, weighted by sales
Price per square foot
$278
California $504
Paid vs. asking
99.3%
27% sold over asking
For sale now
74
May 2026 · 25 sold that month
What sold · last 12 months

Houses are 98% of Paradise’s sales, at a typical $407K

318 homes sold in the year to May 2026.

Houses$407K

typical sale · 312 sold in 12 months

Per square foot
$279CA $494
Days to sell
51
Sold over asking
27%
Listings with a price cut
30%
Fewer sales

Multi-family (2–4 units): 2 sold, typical $426K
Townhouses: 4 sold, typical $211K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at 1.8 times the 2016 price

318 sales in the last year, against 455 in 2017 and a low of 104 in 2020. The typical sale went from $224K in 2016 to $404K.

Homes soldTypical sale price
0125250375500$200K$300K$400K$500K2012: 325 sold, typical $149K’122013: 368 sold, typical $173K2014: 376 sold, typical $196K’142015: 451 sold, typical $213K2016: 430 sold, typical $224K’162017: 455 sold, typical $248K2018: 366 sold, typical $258K’182019: 182 sold, typical $351K2020: 104 sold, typical $354K’202021: 129 sold, typical $402K2022: 239 sold, typical $450K’222023: 222 sold, typical $414K2024: 207 sold, typical $398K’242025: 297 sold, typical $392KLast 12 months: 318 sold, typical $404KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $400K buys in Paradise

Houseat $279 a sq ft
The same money in Californiaat $494 a sq ft

Is this asking price fair?

Check a listing against what Paradise homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Paradise are back to pre-pandemic levels, and more homes are for sale

We read every month of Paradise’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 318 sales.

If you’re buying in Paradise

  • Shop in August. It brings about 36 new listings a month, close to the busiest month, with fewer bidding wars (23% over asking).
  • Some room to negotiate. 29% of listings cut their price, about as many as before the pandemic.
  • Bid near asking. Buyers paid 99.3% of the list price on average; 27% paid over.
  • You’ll usually have time. Only 25% of homes go under contract within two weeks; the typical one takes 52 days.
Best time to buy

Spring brings both the most homes and the most bidding wars

May has the most new listings (about 39 a month), but April is the most competitive: 32% of April sales close over asking. August and September offer nearly as much choice with fewer homes bid up (23%). January has the least competition (20%) but only about 21 new listings.

New listings a monthShare sold over asking
01020304013%27%40%Sweet spotJan: 21 new listings a month, 20% sold over asking, 72 days to sellJFeb: 22 new listings a month, 25% sold over asking, 60 days to sellFMar: 31 new listings a month, 26% sold over asking, 44 days to sellMApr: 37 new listings a month, 32% sold over asking, 33 days to sellAMay: 39 new listings a month, 30% sold over asking, 29 days to sellMJun: 37 new listings a month, 29% sold over asking, 29 days to sellJJul: 35 new listings a month, 28% sold over asking, 32 days to sellJAug: 36 new listings a month, 23% sold over asking, 43 days to sellASep: 32 new listings a month, 23% sold over asking, 45 days to sellSOct: 27 new listings a month, 26% sold over asking, 42 days to sellONov: 19 new listings a month, 21% sold over asking, 55 days to sellNDec: 16 new listings a month, 21% sold over asking, 41 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and calmer than California

Paradise now2017–192021 peakCA now
Sold over askingShare of sales that closed above the list price27%28%34%36%
Gone within two weeksShare of homes under contract within 14 days25%35%47%31%
Listings with a price cutShare of homes for sale that cut their price29%31%27%24%
Price paid vs. askingAverage sale price ÷ list price99.3%98.5%100.1%99.7%
Days to sellMedian days from listing to contract52393044
Supply

91 homes for sale on a typical day

That’s 4.6 times the 2020 low (20), 22% more than in 2017–19 and well under 2012’s 131.

2012: 131 for sale’122013: 105 for sale2014: 86 for sale2015: 83 for sale’152016: 96 for sale2017: 94 for sale2018: 93 for sale’182019: 38 for sale2020: 20 for sale2021: 21 for sale’212022: 61 for sale2023: 66 for sale2024: 85 for sale’242025: 97 for saleLast 12 months: 91 for saleNow
Room to negotiate

1 in 3 listings has cut its price

29% in the last year, against 31% in 2017–19 and 24% across California.

2015: 38%’152016: 29%2017: 26%2018: 34%’182019: 36%2020: 24%2021: 27%’212022: 38%2023: 26%2024: 26%’242025: 28%Last 12 months: 29%Now
Across California

Paradise ranks 419th of 555 busy California markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Paradise is one of the state’s calmer markets.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Paradise home costs about $2,339 a month

Mortgage
Property tax
Insurance
Rent

Price: Paradise’s typical sale, last 12 months. Property tax at Paradise’s 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Paradise is affordable on local pay is on Cost of living.

Before you buy in Paradise

Six things worth knowing

39

New listings in May

The month with the most choice. December has the fewest, about 16.

Best time to buy
0.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $404K home, about $2,770 a year.

Taxes vs. neighbors
C+

Schools

The schools grade for Paradise, from test results, graduation and how much students grow.

Schools in Paradise
24 min

Typical commute

The average one-way trip to work for people who live in Paradise.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Magalia, Thermalito, Kelly Ridge and Oroville sell for less a square foot

The busier markets within 25 miles of Paradise, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Chico814$464K$29831%36
Paradise318$404K$27827%52
Oroville169$286K$21230%61
Magalia98$273K$18423%94
Thermalito51$279K$22331%47
Durham32$598K$31144%52
Kelly Ridge27$367K$20022%96

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Paradise, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Paradise. People who follow the town see it, and so do people comparing Paradise with their own town. No commission, no listing fee.

Questions about buying a home in Paradise

What do homes sell for in Paradise, CA?

318 homes sold in the year to May 2026 at a typical $404K, $278 a square foot.

Is Paradise a buyer’s or seller’s market?

A seller’s market: 74 homes were for sale in May 2026 and 25 sold, about 3 months of supply. Buyers paid 99.3% of asking on average, and 29% of listings cut their price.

When is the best time to buy in Paradise?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Paradise?

About 0.7% of a home’s value a year. On a $404K home that’s near $2,770.

Where can I see homes for sale in Paradise?

Zillow, Redfin, Realtor.com and Homes.com all carry Paradise’s MLS listings; the search links above open each one filtered to Paradise.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).