Photo: Tango7174 · CC BY-SA 4.0Since 2001, Paradise has built 65% of the homes it has today; Newfoundland and Labrador’s towns, 22%
Going by owners’ own estimates in 2021, the typical home is worth $348,000, the average one $372,800. Statistics Canada’s housing statistics carry no sale prices in Newfoundland and Labrador; the census value stands in for Paradise. The 2024 property assessment puts the median residential property at $311,000.
Two ways to price a home in Paradise
Each source sits beside its own median for Newfoundland and Labrador’s towns; none compares across provinces, which value homes in their own ways. The census figure is the owner’s own reckoning of value in May 2021; actual sale prices may differ.
median, owners’ estimate
- Average
- $373K
- Owners
- 6,905
- Newfoundland and Labrador’s towns
- $215K
- The typical Canadian town
- $406K
all residential
- Properties
- 8,940
- Newfoundland and Labrador’s towns
- $173K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).
The homes of Paradise, by period and type
Paradise had 8,815 occupied homes at the 2021 census, 66% of them single-detached houses.
Homes by period of construction the tick is the median of Newfoundland and Labrador’s towns
Homes by kind
| Paradise | Newfoundland and Labrador | Canada | |
|---|---|---|---|
| Condominiums | 2% | 2% | 8% |
| Needing major repairs | 2% | 5% | 6% |
| Too small for the household | 1% | 1% | 3% |
| Households in core housing need | 5% | 6% | 7% |
Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.
14.4 new homes a year per 1,000 in Paradise: more than Newfoundland and Labrador’s towns (6.1)
Building permits added 726 homes in Paradise between 2018 and 2023: some 121 a year. 53% were single-unit buildings, beside 83% for Newfoundland and Labrador’s towns.
A peak in 2022: 160 new homes
New homes a year per 1,000 homes
Rising: 1,578 new homes in the 12 months to August 2026, 22% more
The monthly permits numbers here cover the St. John's metro area
Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021.
Paradise is 62% above the $215,000 median of Newfoundland and Labrador’s towns
32 of Newfoundland and Labrador’s towns (2,500 people or more), by median value at the 2021 census, dearest first.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Lower values near Paradise: Mount Pearl, Conception Bay South and St. John's
The places around Paradise at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Paradise | $348K | $373K | 78% | |
| Mount Pearl | $290K | $297K | 71% | 5 |
| Portugal Cove-St. Philip's | $376K | $408K | 86% | 7.6 |
| Conception Bay South | $300K | $325K | 82% | 9.5 |
| St. John's | $306K | $343K | 61% | 9.8 |
| Wabana | $90K | $116K | 72% | 12.7 |
| Petty Harbour-Maddox Cove | $276K | $275K | 88% | 14.4 |
Census 2021 values; km.
Questions about property prices in Paradise
Is Paradise expensive for Newfoundland and Labrador?
More than most: Newfoundland and Labrador’s towns have a median of $215,000, and Paradise sits above it.
How many households in Paradise are in core housing need?
In Paradise, 5% of households are in core housing need, close to the 6% of Newfoundland and Labrador’s towns: those whose home costs too much, is too small or needs major repairs, with nothing suitable nearby under 30% of their income.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). Under the Statistics Canada Open Licence.
Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).