From January through March of 2017, there were 19 homes sold, with a median sale price of $65,900 - a 40.4% increase over the $46,950 median sale price for the same period of the previous year. There were 14 homes sold in Paxton in the first quarter of 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 the first quarter of 2017.
The following table compares Paxton to other Ford County cities in the first quarter of 2017:
City | Jan. - Mar. 2017 Home Sales | Jan. - Mar. 2016 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2017 Median Sales Price | Jan. - Mar. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Gibson City | 9 | 18 | -50% | $122,500 | $58,500 | 109.4% |
Sibley | 1 | 0 | - | $72,500 | $0 | - |
Piper City | 7 | 2 | 250% | $70,000 | $28,750 | 143.5% |
Paxton | 19 | 14 | 35.7% | $65,900 | $46,950 | 40.4% |
Roberts | 2 | 2 | 0% | $25,750 | $10,000 | 157.5% |
Melvin | 0 | 2 | -100% | $0 | $76,250 | -100% |
Elliott | 0 | 1 | -100% | $0 | $120,000 | -100% |