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Thursday, December 26, 2024

Paxton home prices fall in September 2017

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The median sale price of a home sold in September 2017 in Paxton fell by $14,900 while total sales increased by 160%, according to BlockShopper.com.

In September 2017, there were 13 homes sold, with a median sale price of $65,000 - a 18.6% decrease over the $79,900 median sale price for the same period of the previous year. There were five homes sold in Paxton in September 2016.

The median sales tax in Paxton for the most recent year with available data, 2016, was $2,035, approximately 3.1% of the median home sale price for September 2017.

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

CitySept. 2017 Home SalesSept. 2016 Home Sales% change (Total Home Sales)Sept. 2017 Median Sales PriceSept. 2016 Median Sales Price% change (Median Sales Price)
Gibson City36-50%$108,000$93,95015%
Paxton135160%$65,000$79,900-18.6%
Sibley10-$25,000$0-
Elliott10-$22,188$0-
Roberts10-$6,500$0-
Piper City01-100%$0$20,000-100%
Melvin00-$0$0-

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