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Foreclosure Homes in Paxton, IL

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Paxton, IL Foreclosures

How much do homes sell for in Paxton, IL?
The average home price is currently $186,113.
In Paxton, IL, how many homes are available?
There are currently 6 active home listings available in Paxton.
What’s the average rental cost in Paxton, IL?
The average rental price in Paxton is $1,141.
What is the most expensive home in Paxton?
The most expensive home sold in Paxton had a price of $6,022,542.
What is currently the cheapest priced home in Paxton, IL?
The cheapest home for sale in Paxton is priced at $10,760.

Living in Paxton, IL

Paxton, IL, is a quaint town known for its tight-knit community and rich history. With a population of under 4,500, it offers a peaceful lifestyle with convenient access to essential amenities. Outdoor enthusiasts will find plenty of recreational activities, making it a great place for families.

Current Market Conditions in Paxton, IL

The current real estate market in Paxton showcases a diverse range of property options appealing to both new buyers and seasoned investors. Homes typically range from quaint historic buildings to more modern constructions, with an increase in interest from families looking for spacious homes with yards.

In recent months, there has been a noticeable rise in home values, attributed to low inventory and high demand for homes in small towns. The steady growth in the local economy has further fueled buyer interest, making Paxton an attractive option for those wanting to escape urban living.

Home Value Estimator For Paxton, IL

There are currently 2,432 real estate properties in Paxton, IL, with a median automated valuation model (AVM) price of $149,589.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Paxton, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Paxton, IL, is $186,113.00, with the most expensive house in Paxton, IL, topping out at $6,022,542.00 and the cheapest home in Paxton, IL, clocking in at $10,760.00. In other words, there’s something for every potential homebuyer or savvy investor in Paxton, IL!

Rent Prices In Paxton, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Paxton, IL, is on a rollercoaster ride. The average rent price in Paxton, IL, is $1,141.00. Indeed, when looking to rent in Paxton, IL, you can expect to pay as little as $470.00 or as much as $3,420.00, with the average rent median estimated to be $1,040.00. The good news is that finding an affordable and desirable property to rent in Paxton, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Paxton, IL Foreclosures


Market Trend for Paxton, IL

Total Listings Available: 6

Market Values:

Home Prices from $10,760 to $6,022,542

Average Sales Price: $186,113

Rental Values:

Rental from $470 to $3,420

Average Rent Value: $1,141 / month

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