From October through December of 2019, there were three homes sold, with a median sale price of $150,000 - a 26.7% decrease over the $204,500 median sale price for the same period of the previous year. There were five homes sold in Paw Paw in the fourth quarter of 2018.
The median sales tax in Paw Paw for the most recent year with available data, 2018, was $3,021, approximately 2% of the median home sale price for the fourth quarter of 2019.
The following table compares Paw Paw to other Lee County cities in the fourth quarter of 2019:
| City | Oct. - Dec. 2019 Home Sales | Oct. - Dec. 2018 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2019 Median Sales Price | Oct. - Dec. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Lee | 3 | 1 | 200% | $225,000 | $105,500 | 113.3% |
| Palmyra | 12 | 7 | 71.4% | $210,000 | $166,000 | 26.5% |
| West Brooklyn | 1 | 0 | - | $165,000 | $0 | - |
| Paw Paw | 3 | 5 | -40% | $150,000 | $204,500 | -26.7% |
| Amboy | 10 | 10 | 0% | $125,500 | $84,500 | 48.5% |
| Ashton | 8 | 8 | 0% | $100,500 | $81,250 | 23.7% |
| Nachusa | 3 | 2 | 50% | $100,000 | $138,750 | -27.9% |
| Dixon | 60 | 72 | -16.7% | $75,250 | $78,500 | -4.1% |
| Nelson | 2 | 0 | - | $43,300 | $0 | - |
| Steward | 1 | 2 | -50% | $22,500 | $131,500 | -82.9% |
| Franklin Grove | 3 | 10 | -70% | $16,500 | $75,600 | -78.2% |
| Compton | 0 | 1 | -100% | $0 | $30,500 | -100% |
| Harmon | 0 | 1 | -100% | $0 | $16,000 | -100% |
| Sublette | 0 | 1 | -100% | $0 | $285,000 | -100% |
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