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Sunday, November 24, 2024

Paxton home prices fall in April 2018

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The median sale price of a home sold in April 2018 in Paxton fell by $25,658 while total sales increased by 166.7%, according to BlockShopper.com.

In April 2018, there were eight homes sold, with a median sale price of $59,343 - a 30.2% decrease over the $85,000 median sale price for the same period of the previous year. There were three homes sold in Paxton in April 2017.

The median sales tax in Paxton for the most recent year with available data, 2016, was $2,035, approximately 3.4% of the median home sale price for April 2018.

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

CityApr. 2018 Home SalesApr. 2017 Home Sales% change (Total Home Sales)Apr. 2018 Median Sales PriceApr. 2017 Median Sales Price% change (Median Sales Price)
Gibson City94125%$117,500$118,000-0.4%
Paxton83166.7%$59,342.50$85,000-30.2%
Melvin10-$52,000$0-
Sibley40-$34,000$0-
Piper City01-100%$0$31,000-100%
Roberts02-100%$0$14,500-100%
Elliott01-100%$0$20,000-100%

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