Zip 60957 (Paxton, IL) Housing

The housing market in 60957 Paxton, IL is significantly lower than the US average. The median value of a house in 60957 Paxton is $114,700, whereas the US median value is $338,100. Although home prices have appreciated by 8.27% nationally over the past year, homes in 60957 Paxton have only appreciated by 7.34%, indicating that this area is lagging behind the national trend. This presents an opportunity for buyers to purchase a home at a relatively lower price point and still expect some appreciation over time.

The median home cost in Paxton (zip 60957) is $114,700. Home appreciation the last 10 years has been 52.8%. Home Appreciation in Paxton (zip 60957) is up 15.4%.

Average Age of Homes

- The median age of Paxton (zip 60957) real estate is 58 years old

The Rental Market in Paxton (zip 60957)

- Renters make up 19.2% of the Paxton (zip 60957) population
- 0.8% of houses and apartments in Paxton (zip 60957), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Paxton, Illinois	United States
	2,438.0	139,647,020.0
	67	42
	$114,700	$338,100
	15.4%	16.6%
	42.7%	57.0%
	52.8%	101.1%
	$23.99	$10.98
	$2,699	$2,690
	71.0%	57.4%
	9.6%	11.2%
	19.4%	31.4%
Vacant Housing
	0.8%	1.9%
	0.0%	0.4%
	2.2%	0.7%
	0.0%	0.4%
	0.4%	3.6%
	6.2%	4.1%
Value of Owner-Occupied Housing
	3.7%	2.6%
	0.0%	2.4%
	6.1%	2.8%
	11.2%	3.9%
	18.4%	4.5%
	30.6%	11.3%
	11.2%	13.0%
	15.7%	20.1%
	1.2%	13.6%
	1.4%	8.3%
	0.6%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.9%	13.6%
	3.9%	13.6%
	4.6%	13.6%
	7.4%	13.2%
	10.9%	14.8%
	4.6%	13.6%
	16.2%	10.0%
	8.1%	4.7%
	34.9%	12.2%

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