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Saturday, May 10, 2025

Paxton home prices rise in the first half of 2018

Webp re 5

The median sale price of a home sold in the first half of 2018 in Paxton rose by $12,000 while total sales decreased by 15.8%, according to BlockShopper.com.

From January through June of 2018, there were 32 homes sold, with a median sale price of $94,000 - a 14.6% increase over the $82,000 median sale price for the same period of the previous year. There were 38 homes sold in Paxton in the first half of 2017.

The median sales tax in Paxton for the most recent year with available data, 2016, was $2,035, approximately 2.2% of the median home sale price for the first half of 2018.

The following table compares Paxton to other Ford County cities in the first half of 2018:

CityJan. - June 2018 Home SalesJan. - June 2017 Home Sales% change (Total Home Sales)Jan. - June 2018 Median Sales PriceJan. - June 2017 Median Sales Price% change (Median Sales Price)
Elliott12-50%$110,000$35,000214.3%
Paxton3238-15.8%$94,000$82,00014.6%
Piper City610-40%$84,250$55,75051.1%
Gibson City322060%$82,500$121,250-32%
Melvin41300%$55,500$112,000-50.4%
Sibley63100%$34,000$48,000-29.2%
Roberts28-75%$30,600$28,5007.4%

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