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 $173,217.90. The average annual property tax for Paxton is $2,648.58.

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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

Homes Just Sold in Paxton: December 9th to December 15th

Homes Just Sold in Paxton: December 9th to December 15th - December 16, 2025

Paxton had only 1 sale during the week of Tuesday, December 9 to Monday, December 15, including and it was a single family home for sale with a list price ... continue reading
New Homes with Master Bedrooms on the 1st Floor in Paxton: December 6th to December 12th

New Homes with Master Bedrooms on the 1st Floor in Paxton: December 6th to December 12th - December 13, 2025

Paxton had 2 new homes for sale with a master bedroom on the first floor during the month of Saturday, December 6 to Friday, December 12, including 2 single ... continue reading
New Homes For Sale This Week in Paxton: December 5th to December 11th

New Homes For Sale This Week in Paxton: December 5th to December 11th - December 12, 2025

Paxton had 2 new homes for sale during the week of Friday, December 5 to Thursday, December 11, including including 2 single family homes for sale with an average list ... continue reading
New Foreclosures & Short Sales in Paxton: December 1st to December 7th

New Foreclosures & Short Sales in Paxton: December 1st to December 7th - December 8, 2025

Paxton had only 1 new foreclosure and/or short sale during the week of Monday, December 1 to Sunday, December 7, and it was a single family home for sale with ... continue reading
New Homes For Sale This Week in Paxton: November 28th to December 4th

New Homes For Sale This Week in Paxton: November 28th to December 4th - December 5, 2025

Paxton had only 1 new home for sale during the week of Friday, November 28 to Thursday, December 4, including and it was a single family home for sale with ... continue reading
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