Paw Paw, IL Home Values & Market Trends
Real estate market trends reflect that there have been 20 transactions over the past year in Paw Paw. The median value for residential home transactions that occurred over the previous year is $234,858. The number of current listings in Paw Paw is 18, and the percentage of properties for sale in the city is 18.00%. Paw Paw, IL currently has 5 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 18 properties for sale.
Paw Paw, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 61353 | $ 234,858 $ 152/sqft |
Housing Market Summary for Paw Paw, IL
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $222K | $279.9K | 26.08% |
| Median Sold Price | $207.7K | $202.2K | -2.67% |
| Homes For Sale | 16 | 17 | 6.25% |
| Homes Sold | 11 | 10 | -9.09% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Paw Paw, IL
Browse Homes in Paw Paw, IL
Paw Paw home values range from $132,030 to $509,139. The median estimated value of a home in Paw Paw is $234,858. The median list price of a home is 277,400, and the total count of properties in the city is 38.
- Pre-ForeclosurePre-foreclosure homes account for 10.53% of all residential properties in Paw Paw, IL with 61353 containing 4 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Paw Paw, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $309,637 in 61353 to the lowest home value of $132,030 in 61353.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Paw Paw, 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 Paw Paw, IL. There is 1 zips within Paw Paw, IL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions61353 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Paw Paw, IL. Auction homes and other auction properties account for 2.63% of all properties in Paw Paw, IL. There is 1 zips within Paw Paw, IL; of that zips, the median estimated home value for homes going to auction ranges from $509,139 in 61353 to the lowest value of $509,139 in 61353.
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Guide for Paw Paw, IL
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
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