Paradise Park, CA housing market
Home prices around Paradise Park have risen about 27% over the past 5 years.
Home values, sales, trends and how Paradise Park compares with the towns next door — updated as new data is published.
Home prices up 27% in 5 years
The federal house price index for the ZIP code around Paradise Park rose 27% over the past 5 years, slower than across California (40%). Last year prices fell 3.9%.
Show as a table
| Year | Change that year | Since 2000 | California since 2000 |
|---|---|---|---|
| 2025 | −3.9% | +149% | +224% |
| 2024 | −2.2% | +159% | +222% |
| 2023 | +7% | +165% | +208% |
| 2022 | +14% | +148% | +203% |
| 2021 | +11% | +117% | +161% |
| 2020 | −1.2% | +96% | +132% |
| 2019 | +1.4% | +98% | +127% |
| 2018 | +5.1% | +95% | +120% |
| 2017 | +6.3% | +86% | +106% |
| 2016 | +10% | +75% | +94% |
| 2015 | +6.7% | +59% | +80% |
| 2014 | +11% | +49% | +70% |
| 2013 | +7.7% | +34% | +49% |
| 2012 | +1.8% | +25% | +35% |
| 2011 | −6.7% | +23% | +35% |
| 2010 | −4.8% | +31% | +44% |
| 2009 | −9.9% | +38% | +49% |
| 2008 | −6.2% | +53% | +75% |
| 2007 | −1.6% | +63% | +119% |
| 2006 | +5.3% | +66% | +129% |
| 2005 | +19% | +58% | +107% |
| 2004 | +13% | +32% | +65% |
| 2003 | +3.3% | +17% | +36% |
| 2002 | +3.5% | +13% | +24% |
| 2001 | +9.2% | +9.2% | +12% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP code 95060, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
Paradise Park and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Paradise Park | — | −3.9%† | $5,230 | — | $54,500 |
| Santa Cruz | $1.35M | +5.7% | $4,960 | 228 | $115,475 |
† FHFA price index change, where Zillow has no home value for the town.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $5,230
HUD's Fair Market Rent for a two-bedroom in Paradise Park is $5,230 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $3,950 · 4 bedrooms $7,020
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (95060; Santa Cruz-Watsonville, CA MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.