From January through December of 2021, there were 26 homes sold, with a median sale price of $134,950 - a 10.2% increase over the $122,500 median sale price for the previous year. There were 18 homes sold in Paw Paw in 2020.
The median sales tax in Paw Paw for the most recent year with available data, 2019, was $2,991, approximately 2.2% of the median home sale price for 2021.
The following table compares Paw Paw to other Lee County cities with similar median sale prices in 2021:
| City | Jan. - Dec. 2021 Home Sales | Jan. - Dec. 2020 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2021 Median Sales Price | Jan. - Dec. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Palmyra | 25 | 25 | 0% | $250,000 | $165,000 | 51.5% |
| Lee | 7 | 8 | -12.5% | $187,000 | $95,500 | 95.8% |
| Steward | 6 | 14 | -57.1% | $158,250 | $157,000 | 0.8% |
| West Brooklyn | 5 | 1 | 400% | $151,000 | $5,600 | 2596.4% |
| Paw Paw | 26 | 18 | 44.4% | $134,950 | $122,500 | 10.2% |
| Sublette | 18 | 7 | 157.1% | $130,500 | $91,000 | 43.4% |
| Compton | 8 | 9 | -11.1% | $125,000 | $123,000 | 1.6% |
| Harmon | 6 | 2 | 200% | $124,000 | $75,000 | 65.3% |
| Ashton | 28 | 14 | 100% | $111,500 | $103,500 | 7.7% |
| Dixon | 343 | 264 | 29.9% | $105,000 | $99,250 | 5.8% |
| Amboy | 65 | 51 | 27.5% | $101,000 | $100,000 | 1% |
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