$49,500
988 Pearson Road
Paradise, CA
Paradise
Paradise Real Estate
Browse homes for sale in Paradise • Median $50,000
$50,000Median Price
30Avg Days on Market
278Land73Detached12Mobile Home3Attached2Res Income 2-4 Units1Townhouse
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About Paradise Real Estate
Paradise, California, is a unique city nestled in the Sierra Nevada foothills, known for its stunning natural landscapes and small-town charm. Established in the late 1800s, Paradise has a rich history that reflects the resilience of its community, especially after the tragic Camp Fire in 2018, which transformed much of the area. Today, the city is in the process of rebuilding and revitalizing, attracting residents who appreciate both its historical roots and its potential for growth. With a median listing price of $49,900 and a diverse property mix that includes land, detached homes, mobile homes, and condos, Paradise offers a range of affordable housing options for various buyer types.
The character of Paradise is defined by its close-knit community and an abundance of outdoor recreational activities. The surrounding natural beauty, including lush forests, scenic views, and nearby lakes, makes it an appealing location for nature lovers and outdoor enthusiasts. The city is also known for its commitment to preserving the environment, with numerous parks and trails that encourage an active lifestyle. Residents often enjoy recreational activities such as hiking, biking, and exploring the nearby Feather River, enhancing the area's appeal to families and individuals alike.
Despite its challenges, the spirit of Paradise remains strong, with a community that values connection and support. Local events, farmers' markets, and community gatherings foster a sense of belonging among residents. The city's unique blend of history, resilience, and natural beauty creates a distinctive atmosphere that appeals to those looking for a peaceful retreat from the fast-paced urban life of larger cities. Whether you're drawn by the area's affordability, its community spirit, or the stunning surroundings, Paradise offers an inviting atmosphere that is hard to resist.
306 active listings in Paradise with a median price of $49,900 and average 140 days on market.
Lifestyle & Community
Living in Paradise offers a serene lifestyle characterized by a strong sense of community and a love for nature. Residents enjoy a slower pace of life, with opportunities for outdoor activities like hiking, fishing, and exploring the beautiful Sierra Nevada foothills. The community hosts various events throughout the year, such as farmers' markets and holiday celebrations, fostering connections among neighbors. The local culture is centered around appreciation for the environment, making it a haven for those seeking tranquility and a close-knit community feel.
Local Amenities
- Local parks and recreational areas
- Community events and farmers' markets
- Grocery stores and local shops
- Restaurants and cafes
- Schools and educational facilities
- Healthcare services
- Post office and essential services
- Proximity to outdoor recreational activities
Points of Interest
- Lake Oroville
- Feather River Recreation Area
- Butte Creek Canyon
- Paradise Community Park
- The Paradise Historical Museum
- Sierra Nevada Brewery
- Local hiking and biking trails
- The Paradise Performing Arts Center
Market Overview
The current real estate market in Paradise, with 306 active listings and a median listing price of $49,900, presents a unique opportunity for buyers seeking affordable properties. Homes in the area typically spend an average of 140 days on the market, indicating a thoughtful buying process. The property mix includes a significant amount of land, detached homes, and mobile homes, catering to diverse buyer needs. Compared to surrounding areas, Paradise stands out for its affordability and the potential for new homeowners to invest in a recovering community.
Investment Outlook
Paradise presents intriguing investment opportunities, especially for those looking to capitalize on the city’s rebuilding efforts post-Camp Fire. The affordable median listing price makes it an attractive option for first-time homebuyers and investors alike. The area is seeing a gradual revival, with potential for rental income as new residents are drawn to the community's charm and affordability. As infrastructure and amenities continue to improve, the long-term growth potential for property values in Paradise looks promising.
Ideal For
Paradise is ideal for first-time buyers seeking affordable housing options, families looking for a supportive community, and retirees wanting a peaceful lifestyle surrounded by nature. Investors may also find opportunities in this recovering market, making it a versatile choice for various buyer types.
Living in Paradise
Lifestyle
Living in Paradise offers a serene lifestyle characterized by a strong sense of community and a love for nature. Residents enjoy a slower pace of life, with opportunities for outdoor activities like hiking, fishing, and exploring the beautiful Sierra Nevada foothills. The community hosts various events throughout the year, such as farmers' markets and holiday celebrations, fostering connections among neighbors. The local culture is centered around appreciation for the environment, making it a haven for those seeking tranquility and a close-knit community feel.
Local Amenities
Local parks and recreational areasCommunity events and farmers' marketsGrocery stores and local shopsRestaurants and cafesSchools and educational facilitiesHealthcare servicesPost office and essential servicesProximity to outdoor recreational activities
Market Insights
The current real estate market in Paradise, with 306 active listings and a median listing price of $49,900, presents a unique opportunity for buyers seeking affordable properties. Homes in the area typically spend an average of 140 days on the market, indicating a thoughtful buying process. The property mix includes a significant amount of land, detached homes, and mobile homes, catering to diverse buyer needs. Compared to surrounding areas, Paradise stands out for its affordability and the potential for new homeowners to invest in a recovering community.
Investment Potential
Paradise presents intriguing investment opportunities, especially for those looking to capitalize on the city’s rebuilding efforts post-Camp Fire. The affordable median listing price makes it an attractive option for first-time homebuyers and investors alike. The area is seeing a gradual revival, with potential for rental income as new residents are drawn to the community's charm and affordability. As infrastructure and amenities continue to improve, the long-term growth potential for property values in Paradise looks promising.
Written with AI assistance using live MLS data, reviewed by our team.
Market Snapshot
Market Trend
Declining Market
YoY Price Change
-32.4%
Inventory
High Inventory
Days on Market
Selling Slower
Price Distribution
$0 – $200K
262
$200K – $400K
48
$400K – $600K
33
$600K – $800K
11
$800K – $1.0M
5
$1.0M – $1.5M
3
$2.0M – $3.0M
1
Explore More in Paradise
Paradise Market ReportPrices, trends & analysisCost of Living in ParadiseHousing, rent & expensesSold Properties in ParadiseRecent sales & closing pricesAffordability CalculatorFind out how much you can affordMortgage CalculatorEstimate monthly paymentsSchools in ParadiseSchools & ratings nearbyTransit in ParadiseStops & stations nearbyParks in ParadiseParks & recreation nearby
Frequently Asked Questions About Paradise
There are currently 383 active residential listings in Paradise. This includes detached homes, condos, townhouses, and other property types. Listings are updated throughout the day from the MLS.