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Paxton home prices rise in October 2018

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The median sale price of a home sold in October 2018 in Paxton rose by $27,000 while total sales increased by 44.4%, according to BlockShopper.com.

In October 2018, there were 13 homes sold, with a median sale price of $76,000 - a 55.1% increase over the $49,000 median sale price for the same period of the previous year. There were nine homes sold in Paxton in October 2017.

The median sales tax in Paxton for the most recent year with available data, 2016, was $2,035, approximately 2.7% of the median home sale price for October 2018.

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

CityOct. 2018 Home SalesOct. 2017 Home Sales% change (Total Home Sales)Oct. 2018 Median Sales PriceOct. 2017 Median Sales Price% change (Median Sales Price)
Gibson City6520%$113,250$125,000-9.4%
Paxton13944.4%$76,000$49,00055.1%
Piper City20-$65,700$0-
Melvin50-$20,000$0-
Elliott10-$17,491$0-
Sibley00-$0$0-
Roberts00-$0$0-

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