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Paxton home prices rise in March 2018

Webp re 9

The median sale price of a home sold in March 2018 in Paxton rose by $56,000 while total sales decreased by 42.9%, according to BlockShopper.com.

In March 2018, there were four homes sold, with a median sale price of $101,000 - a 124.4% increase over the $45,000 median sale price for the same period of the previous year. There were seven homes sold in Paxton in March 2017.

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

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

CityMar. 2018 Home SalesMar. 2017 Home Sales% change (Total Home Sales)Mar. 2018 Median Sales PriceMar. 2017 Median Sales Price% change (Median Sales Price)
Elliott10-$110,000$0-
Paxton47-42.9%$101,000$45,000124.4%
Melvin10-$59,000$0-
Sibley21100%$47,250$72,500-34.8%
Gibson City56-16.7%$39,000$163,800.50-76.2%
Roberts12-50%$38,700$25,75050.3%
Piper City13-66.7%$10,000$26,000-61.5%

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