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Sunday, November 17, 2019

Paw Paw home prices rise in May 2019

Real Estate

By Local Labs News Service | Jun 7, 2019

Re 2

The median sale price of a home sold in May 2019 in Paw Paw rose by $109,000 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In May 2019, there were two homes sold, with a median sale price of $202,500 - a 116.6% increase over the $93,500 median sale price for the same period of the previous year. There were two homes sold in Paw Paw in May 2018, as well.

The median sales tax in Paw Paw for the most recent year with available data, 2017, was $2,820, approximately 1.4% of the median home sale price for May 2019.

The following table compares Paw Paw to other Lee County cities in May 2019:

City
May 2019 Home Sales
May 2018 Home Sales
% change (Total Home Sales)
May 2019 Median Sales Price
May 2018 Median Sales Price
% change (Median Sales Price)
Paw Paw
2
2
0%
$202,500
$93,500
116.6%
Palmyra
3
6
-50%
$165,000
$275,000
-40%
Compton
2
0
-
$145,000
$0
-
Steward
1
2
-50%
$125,000
$198,500
-37%
Dixon
16
27
-40.7%
$89,750
$64,000
40.2%
Amboy
3
2
50%
$88,000
$112,450
-21.7%
Franklin Grove
4
1
300%
$76,500
$65,000
17.7%
Nelson
0
1
-100%
$0
$33,000
-100%
Sublette
0
0
-
$0
$0
-
Ashton
0
2
-100%
$0
$117,000
-100%
Lee
0
0
-
$0
$0
-
West Brooklyn
0
1
-100%
$0
$255,000
-100%
Harmon
0
0
-
$0
$0
-
Nachusa
0
0
-
$0
$0
-

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Lee County Clerk and Recorder

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