House Prices

House Prices & Home Values Paradise, MI 2026


Average Data

average house price$275,540
average size per house2210 ft²
average price per ft²125 $ / ft²

04/17/2026 - The value range (VR) for house prices in Paradise, MI is $125/ sqft to $125/ sqft. An average home with 2210 sqft costs approximately $276,250 to $276,250. Paradise, MI includes 1 ZIP codes and it is located in Chippewa county. The lowest prices are found in ZIP 49768, while the highest are in ZIP 49768. The average price per sqare feet is $125. Our analysis is based on 5 property listings.

Avergage prices by ZIP codes Paradise

49768126 $ / ft²




Historical development of home values in Paradise

Year Estimated value (USD) Change vs. 2025
2010 $127,966 -53.6%
2011 $123,017 -55.4%
2012 $122,686 -55.5%
2013 $127,272 -53.8%
2014 $133,600 -51.5%
2015 $140,457 -49.0%
2016 $147,787 -46.4%
2017 $155,764 -43.5%
2018 $164,375 -40.3%
2019 $171,997 -37.6%
2020 $180,889 -34.4%
2021 $205,741 -25.3%
2022 $239,848 -13.0%
2023 $252,931 -8.2%
2024 $267,563 -2.9%
2025 $275,540 0.0%

Graph: estimated home values in Paradise over time (USD)



Example: 100% financing house in Paradise

Loan amount: $275,540

Interest rate: 6.00%

Fixed monthly payment: $1,652.00

Breakdown in the 1st month:
Interest portion: $1,377.70  –  Principal portion: $274.30

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $16,440.35 $3,383.66 $272,156.34
2 $16,231.66 $3,592.36 $268,563.98
3 $16,010.09 $3,813.93 $264,750.05
4 $15,774.85 $4,049.16 $260,700.88
5 $15,525.11 $4,298.91 $256,401.97
6 $15,259.96 $4,564.05 $251,837.92
7 $14,978.46 $4,845.56 $246,992.36
8 $14,679.60 $5,144.42 $241,847.94
9 $14,362.30 $5,461.72 $236,386.23
10 $14,025.44 $5,798.58 $230,587.65
11 $13,667.79 $6,156.23 $224,431.42
12 $13,288.09 $6,535.93 $217,895.49
13 $12,884.97 $6,939.05 $210,956.44
14 $12,456.98 $7,367.04 $203,589.40
15 $12,002.60 $7,821.42 $195,767.99
16 $11,520.19 $8,303.83 $187,464.16
17 $11,008.03 $8,815.99 $178,648.17
18 $10,464.28 $9,359.74 $169,288.43
19 $9,886.99 $9,937.03 $159,351.40
20 $9,274.10 $10,549.92 $148,801.48
21 $8,623.40 $11,200.62 $137,600.86
22 $7,932.57 $11,891.45 $125,709.42
23 $7,199.13 $12,624.89 $113,084.53
24 $6,420.46 $13,403.56 $99,680.97
25 $5,593.75 $14,230.26 $85,450.70
26 $4,716.06 $15,107.96 $70,342.75
27 $3,784.24 $16,039.78 $54,302.97
28 $2,794.94 $17,029.08 $37,273.89
29 $1,744.62 $18,079.40 $19,194.49
30 $629.52 $19,194.49 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Paradise, MI


1500 sqft3900 sqft
Ø selling price$226,876$482,626
Ø fast selling$206,251$434,363
Ø high price sale$247,501$530,888

In 2026, houses in Paradise, MI will be offered at an average price of $125 per square foot. A 1,500 sqft home priced at $226,876 is 23.16% more expensive per square foot than a 3,900 sqft home priced at $482,626. Home prices in Paradise, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $334,125. Sellers who can wait longer may achieve a higher price of up to $408,376.


Paradise, MI Travel Guide

Overview

Paradise, MI is a quiet gateway town on the rugged shores of Lake Superior in Michigan?s Upper Peninsula.
This SEO-friendly guide highlights things to do in Paradise, Michigan, from iconic waterfalls to shipwreck history.
Visitors come year-round for small-town hospitality, dark skies, and easy access to wild forests and beaches.

Top Attractions

Tahquamenon Falls State Park showcases amber-hued Upper and Lower Falls thundering through old-growth forest.
At Whitefish Point, travelers explore the Great Lakes Shipwreck Museum and walk a windswept beach known for agate hunting and migratory birds.
The Whitefish Point Light Station and nearby nature preserves make Paradise a prime base for birding, lighthouse photography, and shoreline sunsets.

Outdoor Activities & Seasons

In summer and fall, enjoy hiking, paddling, fishing, and brilliant leaf color, while winter brings snowshoeing, cross-country skiing, and quiet aurora viewing.
Pack layers for Lake Superior weather, and practice Leave No Trace while exploring dunes, bogs, and boreal forest habitats.

Planning Your Trip

Paradise lodging ranges from rustic cabins and campgrounds to cozy motels, with local eateries serving fresh whitefish, coffee, and hearty UP fare.
Reach Paradise via scenic M-123 from I-75 or Sault Ste. Marie, and use this Paradise, MI travel guide to plan a memorable Upper Peninsula getaway.



FAQ – Home Values in Paradise

What is the median home value in Paradise in 2026?

In 2026, the typical home value in Paradise is about $275,540 for an average home size of 2210 square feet. This corresponds to an average price of roughly $125 per square foot.

What is the average cost per square foot in Paradise?

In 2026, homes in Paradise sell for an average of around $125 per square foot, with a typical range between $125 and $125 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Paradise is about 2210 square feet, with an estimated 2026 value around $275,540.



Locations close to Paradise, MI

Pellston, MI163 $ / ft²
Petoskey, MI207 $ / ft²
Pickford, MI124 $ / ft²
Ossineke, MI94 $ / ft²
Onaway, MI107 $ / ft²
Oden, MI141 $ / ft²
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