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 26 single family homes for sale with an average list price of $224,598.08. The average annual property tax for Paxton is $2,578.34.
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.
See What's Hot & What's Not in PaxtonPaxton home sales for the month of August rose in volume by 100% when compared to last year, while the median sale price decreased by 12.4% from $147,250 to $128,950. House sales rose by 100%, while the median sale price decreased by 12.4% from $147,250 to $128,950.
86
|
60
|
68
|
71
|
2021 | 2022 | 2023 | 2024 |
# of sales per year |
$108,500
|
$117,050
|
$131,750
|
$150,000
|
2021 | 2022 | 2023 | 2024 |
median sale price per year |