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Foreclosures 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 $182,898.
In Paxton, IL, how many homes are available?
There are currently 1 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 $6,065,211.
What is currently the cheapest priced home in Paxton, IL?
The cheapest home for sale in Paxton is priced at $10,819.

Living in Paxton, IL

Paxton, Illinois, is a serene city known for its friendly community atmosphere and picturesque landscapes. With a blend of charming small-town life and accessible urban amenities, it offers residents a comfortable living experience. The city features several parks, good schools, and a welcoming downtown area, making it ideal for families and retirees alike.

Current Market Conditions in Paxton, IL

The Paxton real estate market is currently stable, with moderate growth compared to previous years. Home prices in the area have shown a gradual increase, driven by low inventory and a continued demand for housing in small towns. This trend is appealing to both first-time home buyers and investors looking for rental opportunities.

Recent trends indicate a revitalization of interest in Paxton, as more people seek affordable housing options away from larger metropolitan areas. The charming ambiance and community-oriented lifestyle are drawing families and young professionals alike.

Home Value Estimator For Paxton, IL

There are currently 2,434 real estate properties in Paxton, IL, with a median automated valuation model (AVM) price of $145,429.00. 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 $182,898.00, with the most expensive house in Paxton, IL, topping out at $6,065,211.00 and the cheapest home in Paxton, IL, clocking in at $10,819.00. 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

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