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Paxton home prices fall in January 2020

Real Estate

By Metric Media News Service | Feb 7, 2020

Realestate077

The median sale price of a home sold in January 2020 in Paxton fell by $3,250 while total sales decreased by 50%, according to BlockShopper.com.

In January 2020, there were two homes sold, with a median sale price of $94,000 - a 3.3% decrease over the $97,250 median sale price for the same period of the previous year. There were four homes sold in Paxton in January 2019.

The median sales tax in Paxton for the most recent year with available data, 2016, was $2,035, approximately 2.2% of the median home sale price for January 2020.

The following table compares Paxton to other Ford County cities in January 2020:

City
Jan. 2020 Home Sales
Jan. 2019 Home Sales
% change (Total Home Sales)
Jan. 2020 Median Sales Price
Jan. 2019 Median Sales Price
% change (Median Sales Price)
Melvin
1
0
-
$136,500
$0
-
Gibson City
8
2
300%
$103,000
$113,200
-9%
Paxton
2
4
-50%
$94,000
$97,250
-3.3%
Piper City
2
0
-
$18,710
$0
-
Sibley
0
0
-
$0
$0
-
Roberts
0
1
-100%
$0
$42,500
-100%
Elliott
0
2
-100%
$0
$124,000
-100%

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