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Wednesday, November 27, 2024

Paxton home prices rise in December 2018

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The median sale price of a home sold in December 2018 in Paxton rose by $29,210 while total sales decreased by 70%, according to BlockShopper.com.

In December 2018, there were three homes sold, with a median sale price of $85,000 - a 52.4% increase over the $55,790 median sale price for the same period of the previous year. There were 10 homes sold in Paxton in December 2017.

The median sales tax in Paxton for the most recent year with available data, 2016, was $2,035, approximately 2.4% of the median home sale price for December 2018.

The following table compares Paxton to other Ford County cities in December 2018:

CityDec. 2018 Home SalesDec. 2017 Home Sales% change (Total Home Sales)Dec. 2018 Median Sales PriceDec. 2017 Median Sales Price% change (Median Sales Price)
Paxton310-70%$85,000$55,79052.4%
Gibson City52150%$80,100$90,340.50-11.3%
Elliott10-$62,000$0-
Melvin20-$37,500$0-
Sibley10-$35,000$0-
Piper City01-100%$0$112,500-100%
Roberts00-$0$0-

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