Paxton, IL, Real Estate

Paxton, Illinois, is a small, welcoming town in Ford County, located about 30 miles northeast of Champaign-Urbana. With a population of around 4,500, it serves as the county seat and offers a classic Midwestern community vibe. Known for its historic downtown, featuring charming brick buildings and local businesses, Paxton also hosts the annual Old Fashioned Fourth of July celebration, drawing visitors with its parade, fireworks, and community spirit. The town is home to the unique Paxton Water Tower, one of the few remaining wooden water tanks in the U.S., and the nearby Paxton Park District provides recreational opportunities with parks, trails, and sports facilities. Its proximity to Interstate 57 makes it a convenient stop for travelers, while its tight-knit community and agricultural roots give it a timeless, small-town charm.

Paxton currently has 19 single family homes for sale with an average list price of $160,810.53. The average annual property tax for Paxton is $2,692.43.

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Absorption Report

Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Paxton, i.e. what's hot and what's not.

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Real Estate News

New Homes with Master Bedrooms on the 1st Floor in Paxton: February 7th to February 13th

New Homes with Master Bedrooms on the 1st Floor in Paxton: February 7th to February 13th - February 14, 2026

Paxton had only 1 new home for sale with a master bedroom on the first floor during the month of Saturday, February 7 to Friday, February 13, and it ... continue reading
New Homes For Sale This Week in Paxton: February 6th to February 12th

New Homes For Sale This Week in Paxton: February 6th to February 12th - February 13, 2026

Paxton had 2 new homes for sale during the week of Friday, February 6 to Thursday, February 12, including including 2 single family homes for sale with an average list ... continue reading
Homes Just Sold in Paxton: January 27th to February 2nd

Homes Just Sold in Paxton: January 27th to February 2nd - February 3, 2026

Paxton had 2 sales during the week of Tuesday, January 27 to Monday, February 2, including including 2 single family homes for sale with an average list price of $197,450. $239,900 139 ... continue reading
New Homes with Master Bedrooms on the 1st Floor in Paxton: January 17th to January 23rd

New Homes with Master Bedrooms on the 1st Floor in Paxton: January 17th to January 23rd - January 24, 2026

Paxton had 2 new homes for sale with a master bedroom on the first floor during the month of Saturday, January 17 to Friday, January 23, including 2 single ... continue reading
New Homes For Sale This Week in Paxton: January 16th to January 22nd

New Homes For Sale This Week in Paxton: January 16th to January 22nd - January 23, 2026

Paxton had 3 new homes for sale during the week of Friday, January 16 to Thursday, January 22, including including 3 single family homes for sale with an average list ... continue reading
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