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Monday, September 23, 2024

Paxton home prices rise in June 2019

Realestate3

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Adobe Stock

The median sale price of a home sold in June 2019 in Paxton rose by $16,500 while total sales increased by 20%, according to BlockShopper.com.

In June 2019, there were six homes sold, with a median sale price of $95,500 - a 20.9% increase over the $79,000 median sale price for the same period of the previous year. There were five homes sold in Paxton in June 2018.

The median sales tax in Paxton for the most recent year with available data, 2016, was $2,035, approximately 2.1% of the median home sale price for June 2019.

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

CityJune 2019 Home SalesJune 2018 Home Sales% change (Total Home Sales)June 2019 Median Sales PriceJune 2018 Median Sales Price% change (Median Sales Price)
Paxton6520%$95,500$79,00020.9%
Gibson City28-75%$76,750$89,500-14.2%
Elliott20-$71,000$0-
Piper City220%$42,000$68,750-38.9%
Sibley30-$20,000$0-
Melvin02-100%$0$88,950-100%
Roberts00-$0$0-

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