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Saturday, November 23, 2024

Paxton home prices fall in November 2017

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The median sale price of a home sold in November 2017 in Paxton fell by $32,000 while total sales remained unchanged with nine homes sold, according to BlockShopper.com.

In November 2017, there were nine homes sold, with a median sale price of $75,000 - a 29.9% decrease over the $107,000 median sale price for the same period of the previous year. There were nine homes sold in Paxton in November 2016, as well.

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 November 2017.

The following table compares Paxton to other Ford County cities in November 2017:

CityNov. 2017 Home SalesNov. 2016 Home Sales% change (Total Home Sales)Nov. 2017 Median Sales PriceNov. 2016 Median Sales Price% change (Median Sales Price)
Gibson City5366.7%$140,000$52,000169.2%
Paxton990%$75,000$107,000-29.9%
Elliott10-$40,000$0-
Piper City12-50%$4,500$29,000-84.5%
Sibley01-100%$0$36,301-100%
Melvin00-$0$0-
Roberts00-$0$0-

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