Paxton, IL Home Values & Market Trends

Real estate market trends reflect that there have been 134 transactions over the past year in Paxton. The median value for residential home transactions that occurred over the previous year is $140,677.55. The number of current listings in Paxton is 7, and the percentage of properties for sale in the city is 7.00%. Paxton, IL currently has 5 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 7 properties for sale.

Paxton, IL Real Estate Market Overview

ZipMedian Est. Value
60957

$ 179,900

$ 88/sqft

Housing Market Summary for Paxton, IL

Apr 2023March 2024Change
Median Listing Price$116K$137K18.12%
Median Sold Price$123.4K$137K11.01%
Homes For Sale26200.00%
Homes Sold417070.73%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Paxton, IL

Paxton home values range from $16,420 to $783,002. The median estimated value of a home in Paxton is $140,677.55. The median list price of a home is 179,900, and the total count of properties in the city is 1,958.

Foreclosure
There is 1 zips within Paxton, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $174,063 in 60957 to the lowest value of $80,988 in 60957. Foreclosure homes account for 0.00% of properties in Paxton, IL with 60957 containing 5 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.20% of all residential properties in Paxton, IL with 60957 containing 4 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Paxton, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $174,063 in 60957 to the lowest home value of $80,988 in 60957.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Paxton, IL ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Paxton, IL. There is 1 zips within Paxton, IL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    60957 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Paxton, IL. Auction homes and other auction properties account for 0.05% of all properties in Paxton, IL. There is 1 zips within Paxton, IL; of that zips, the median estimated home value for homes going to auction ranges from $141,319 in 60957 to the lowest value of $141,319 in 60957.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.36% of residential properties in Paxton, IL with 60957 containing 7 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Paxton, IL; homes for sale in that zips, have a range of median values from $318,403 in 60957 to the lowest value of $139,900 in 60957.
    Sold Homes
    The median value for recently sold homes ranges from $401,942 in 60957 to the lowest price of $28,267 in 60957. There is 1 zips within Paxton, IL. 60957 has 65 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.32% of properties in Paxton, IL.

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      Guide for Paxton, IL

      Market Reports
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      See More Articles
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.

      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports|posted 14 February 2024

      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.

      Recently Listed Homes Paxton, IL

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