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Paradise, TX
Full City Profile · Texas · Wise County County
3.1
/5.0
B
Good
489
Population
234/sq mi density
$64,444
Median Income
$32,080 per capita
$229,200
Home Value
$444,647 Zillow
$1,375
Median Rent
32.5% income on rent
64°F
Avg Temperature
330 sunny days/yr
274
Violent Crime/100K
1,210 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$64,444 median income, 1.5% unemployment
A+
Affordability
4.7 / 5.0
$229,200 home value, $1,375/mo rent
F
Safety
1.0 / 5.0
274 violent crimes/100K
C+
Education
2.7 / 5.0
20.9% bachelor's degree or higher
Housing Overview
Median Home Value
$229,200
19% below
US avg: $281,900
Median Rent
$1,375/mo
18% above
US avg: $1,163/mo
Homeownership Rate
83.7%
28% above US avg (65.4%)
Total Housing Units
202
Median year built: 1984
Home Value by Source
Census Median
$229,200
Zillow (ZHVI)
$444,647
Median Sale Price
$210,000
Median List Price
$519,950
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
83.7%
Owner-Occupied
16.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$887/mo
1 Bedroom
$935/mo
2 Bedroom
$1,149/mo
3 Bedroom
$1,497/mo
4 Bedroom
$1,733/mo
Census median rent:
$1,375/mo
Market Indicators (Redfin)
Median Days on Market
87 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
18.2%
of listings with price reduction
Price Per Sq Ft
$165
Active Inventory
11
homes for sale
Affordability & Housing Stock
Rent Burden
32.5%
of renters spending 30%+ of income on housing
5% above US avg (31.0%)
Median Year Built
1984
Average age of housing stock: 42 years
Homeownership Rate
83.7%
Complete Housing Data
Home Values
| Census Median Value | $229,200 |
| Zillow Home Value (ZHVI) | $444,647 |
| Median Sale Price | $210,000 |
| Median List Price | $519,950 |
| Price Per Sq Ft | $165 |
Rent
| Census Median Rent | $1,375 |
| FMR Studio | $887 |
| FMR 1-Bedroom | $935 |
| FMR 2-Bedroom | $1,149 |
| FMR 3-Bedroom | $1,497 |
| FMR 4-Bedroom | $1,733 |
Market
| Days on Market | 87 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 18.2% |
| Homes Sold | 1 |
| Active Inventory | 11 |
| Price Per Sq Ft | $165 |
Ownership & Stock
| Owner-Occupied | 83.7% |
| Renter-Occupied | 16.3% |
| Homeownership Rate | 83.7% |
| Total Housing Units | 202 |
| Median Year Built | 1984 |
| Rent Burden | 32.5% |