Homes in Paradise
Home prices around Paradise have risen about 52% over the past 5 years.
What kind of housing town is Paradise?
Read from the numbers below. The page puts what stands out first.
Home prices up 52% in 5 years
The federal house price index for the ZIP codes around Paradise rose 52% over the past 5 years, faster than across Illinois (47%). Last year prices rose 6.6%.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Paradise, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A two-bedroom rents for about $920
Renters already here pay a median of $877.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Coles County, IL): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
68% of Paradise households own their home
Half of Paradise’s homes were built before 1978.
Illinois: 67% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
Paradise vs. its neighbors
The towns that share a border with Paradise. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2014 | Median income |
|---|---|---|---|---|---|
| Paradise | — | +6.6%† | $920 | — | $42,298 |
| Neoga | $179K | +6.9% | $990 | 0 | $88,667 |
| Mattoon | $131K | +4.6% | $920 | — | $53,811 |
| Pleasant Grove | $146K* | — | $1,190 | — | $76,613 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Paradise buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
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. The calculator is an estimate, not a loan offer.