Paradise, Texas.
Typical home $450,993 (-0.1% in a year). Dallas-Fort Worth-Arlington, TX metro.
to buy the typical home at today's mortgage rate — +$1,215 (+105%) since Jan 2020.
- 1 year
- Down $307 -0%
- $451,300$450,993 since Sep 2025
- 5 years
- Up $55,437 +14%
- $395,556$450,993 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Paradise$2,367
- Texas$1,556
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 26 years.
Typical home values in Paradise, TX fell 0.1% over the past year — slower than the nation's +1.2%.
Living in Paradise, Wise County, Texas
Paradise is a city of 475 people in Wise County. 88% of its homes are lived in by their owners and 12% are rented. Unemployment in Wise County was 4.1% in August 2026, and the county had 2.9% more jobs in 2025 than the year before. The most people in Wise County work in schools and health care, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Paradise is a very small city in Wise County, Texas, where nearly everyone lives in a home they own. Poverty is less common here than in many places, and homes are valued well above what is typical elsewhere. Winters are mild and rarely bring snow, while summers run hot, with August the warmest month of the year.
Work. People in Paradise work mostly in schools, hospitals and social care, in shops, in professional and business services, and in transport, warehouses and utilities. Fewer adults hold a four-year degree than in many places, and a good number work from home. Across Wise County, some of the largest workplaces are Decatur Community Hospital, Decatur ISD and Walmart.
Things to do. Wagoner Branch, a river, runs in or beside town, and Big Sandy Creek and Walnut Creek, both rivers, are a short drive away. For a longer drive, Lake Bridgeport is a reservoir, and Fort Richardson is a historic fort. Texas Motor Speedway, a race track, is also a longer drive away.
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- 22%of adults have a degree
- 9%below the poverty line
- 16%work from home
What people in Wise County work in
Employed residents by industry, from the Census survey. Wise County had 21,814 jobs in 2025, 2.9% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 56° and lows near 31°; warmest in August, with highs near 96° and lows near 71°. About 2 inches of snow and 33 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Bridgeport weather station, 6 miles away (NOAA).
Largest workplaces in Wise County
- Decatur Community HospitalGeneral hospital928FTE
- Decatur ISDSchool district508FTE
- Solaris HealthcareHospice care services, in home477
- LBW TurnerArchitectural wall panels, precast concrete, manufacturing429
- WalmartWarehouse clubs and supercenters394
- Bridgeport ISDSchool district339FTE
- Boyd ISDSchool district187FTE
- Paradise ISDSchool district166FTE
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 46 workplaces with 20 or more staff, 4,212 people in all across the county; Paradise has one of its own. Hospitals come from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- WildfireRelatively high
- HailRelatively moderate
- Heat wavesRelatively moderate
- TornadoesRelatively moderate
- Strong windRelatively moderate
- Cold wavesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Paradise’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Wise County and the Dallas-Fort Worth-Arlington, TX metro.
Paradise home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Paradise$450,993
- Texas$296,424
- United States$366,157
Sellers are cutting prices on about 1 in 3 Paradise listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Paradise34.71%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Paradise57
New listings per month
Sellers arriving at the market.
- Paradise11
Zip codes with a Paradise address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Paradise — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.