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Wednesday, November 27, 2024

Paxton home prices rise in 2018

Realestate4

The median sale price of a home sold in 2018 in Paxton rose by $13,000 while total sales decreased by 12.4%, according to BlockShopper.com.

From January through December of 2018, there were 85 homes sold, with a median sale price of $81,000 - a 19.1% increase over the $68,000 median sale price for the previous year. There were 97 homes sold in Paxton in 2017.

The median sales tax in Paxton for the most recent year with available data, 2016, was $2,035, approximately 2.5% of the median home sale price for 2018.

The following table compares Paxton to other Ford County cities in 2018:

CityJan. - Dec. 2018 Home SalesJan. - Dec. 2017 Home Sales% change (Total Home Sales)Jan. - Dec. 2018 Median Sales PriceJan. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Gibson City744372.1%$90,000$122,500-26.5%
Paxton8597-12.4%$81,000$68,00019.1%
Piper City1316-18.8%$80,000$33,000142.4%
Elliott84100%$71,050$31,094128.5%
Sibley94125%$45,000$36,50023.3%
Melvin173466.7%$39,900$46,000-13.3%
Roberts910-10%$38,700$28,50035.8%

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