From July through September of 2018, there were eight homes sold, with a median sale price of $140,000 - a 82.4% increase over the $76,750 median sale price for the same period of the previous year. There were six homes sold in Paw Paw in the third quarter of 2017.
The median sales tax in Paw Paw for the most recent year with available data, 2017, was $2,820.20, approximately 2% of the median home sale price for the third quarter of 2018.
The following table compares Paw Paw to other Lee County cities in the third quarter of 2018:
| City | July - Sept. 2018 Home Sales | July - Sept. 2017 Home Sales | % change (Total Home Sales) | July - Sept. 2018 Median Sales Price | July - Sept. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Palmyra | 5 | 17 | -70.6% | $269,000 | $165,000 | 63% |
| Nachusa | 1 | 2 | -50% | $198,000 | $38,125 | 419.3% |
| Paw Paw | 8 | 6 | 33.3% | $140,000 | $76,750 | 82.4% |
| Sublette | 7 | 0 | - | $130,750 | $0 | - |
| Nelson | 1 | 2 | -50% | $129,900 | $74,000 | 75.5% |
| Franklin Grove | 7 | 6 | 16.7% | $89,000 | $85,000 | 4.7% |
| Amboy | 19 | 21 | -9.5% | $86,000 | $62,000 | 38.7% |
| Dixon | 96 | 85 | 12.9% | $84,950 | $85,000 | -0.1% |
| Steward | 1 | 3 | -66.7% | $62,500 | $302,500 | -79.3% |
| Ashton | 6 | 5 | 20% | $51,250 | $96,000 | -46.6% |
| Compton | 2 | 1 | 100% | $44,500 | $10,000 | 345% |
| Harmon | 0 | 2 | -100% | $0 | $47,500 | -100% |
| Lee | 0 | 0 | - | $0 | $0 | - |
| West Brooklyn | 0 | 0 | - | $0 | $0 | - |
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