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Paxton home prices rise in May 2018

Webp re 2

The median sale price of a home sold in May 2018 in Paxton rose by $14,550 while total sales increased by 175%, according to BlockShopper.com.

In May 2018, there were 11 homes sold, with a median sale price of $116,000 - a 14.3% increase over the $101,450 median sale price for the same period of the previous year. There were four homes sold in Paxton in May 2017.

The median sales tax in Paxton for the most recent year with available data, 2016, was $2,035, approximately 1.8% of the median home sale price for May 2018.

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

CityMay 2018 Home SalesMay 2017 Home Sales% change (Total Home Sales)May 2018 Median Sales PriceMay 2017 Median Sales Price% change (Median Sales Price)
Paxton114175%$116,000$101,45014.3%
Piper City30-$85,000$0-
Gibson City6450%$81,500$93,750-13.1%
Roberts14-75%$22,500$34,000-33.8%
Sibley02-100%$0$35,050-100%
Melvin01-100%$0$112,000-100%
Elliott00-$0$0-

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