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Friday, July 4, 2025

Paxton home prices fall in October 2017

Webp re 6

The median sale price of a home sold in October 2017 in Paxton fell by $29,000 while total sales increased by 80%, according to BlockShopper.com.

In October 2017, there were nine homes sold, with a median sale price of $49,000 - a 37.2% decrease over the $78,000 median sale price for the same period of the previous year. There were five homes sold in Paxton in October 2016.

The median sales tax in Paxton for the most recent year with available data, 2016, was $2,035, approximately 4.2% of the median home sale price for October 2017.

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

CityOct. 2017 Home SalesOct. 2016 Home Sales% change (Total Home Sales)Oct. 2017 Median Sales PriceOct. 2016 Median Sales Price% change (Median Sales Price)
Gibson City5425%$125,000$68,00083.8%
Paxton9580%$49,000$78,000-37.2%
Piper City01-100%$0$30,000-100%
Sibley00-$0$0-
Melvin03-100%$0$25,000-100%
Roberts01-100%$0$15,500-100%
Elliott00-$0$0-

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