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Paxton home prices fall in January 2017

Webp re 12

The median sale price of a home sold in January 2017 in Paxton fell by $9,750 while total sales increased by 25%, according to BlockShopper.com.

In January 2017, there were five homes sold, with a median sale price of $39,000 - a 20% decrease over the $48,750 median sale price for the same period of the previous year. There were four homes sold in Paxton in January 2016.

The median sales tax in Paxton for the most recent year with available data, 2016, was $2,035, approximately 5.2% of the median home sale price for January 2017.

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

CityJan. 2017 Home SalesJan. 2016 Home Sales% change (Total Home Sales)Jan. 2017 Median Sales PriceJan. 2016 Median Sales Price% change (Median Sales Price)
Gibson City220%$96,250$106,000-9.2%
Piper City30-$70,000$0-
Paxton5425%$39,000$48,750-20%
Sibley00-$0$0-
Melvin01-100%$0$42,500-100%
Roberts01-100%$0$10,000-100%
Elliott00-$0$0-

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