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Paxton home prices fall in July 2019

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The median sale price of a home sold in July 2019 in Paxton fell by $74,000 while total sales decreased by 18.2%, according to BlockShopper.com.

In July 2019, there were nine homes sold, with a median sale price of $48,500 - a 60.4% decrease over the $122,500 median sale price for the same period of the previous year. There were 11 homes sold in Paxton in July 2018.

The median sales tax in Paxton for the most recent year with available data, 2016, was $2,035, approximately 4.2% of the median home sale price for July 2019.

The following table compares Paxton to other Ford County cities in July 2019:

CityJuly 2019 Home SalesJuly 2018 Home Sales% change (Total Home Sales)July 2019 Median Sales PriceJuly 2018 Median Sales Price% change (Median Sales Price)
Sibley10-$65,000$0-
Paxton911-18.2%$48,500$122,500-60.4%
Gibson City513-61.5%$40,000$97,000-58.8%
Melvin10-$37,500$0-
Piper City12-50%$14,000$75,000-81.3%
Roberts10-$5,000$0-
Elliott02-100%$0$101,000-100%

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