Housing Prices in Paw Paw, IL

How much do homes in Paw Paw, IL cost?

Median List Price

$275,000

$134/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$90,100(+48.7%)

Key Takeaway

The list price of homes in Paw Paw has increased by 48.7% since last year.

Summary: The median home list price in Paw Paw was $275,000 in October 2024, up 48.7% from the previous year, and the median price per square foot was $134.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$154.9K
N/A
2 $122.5K-
N/A
3 $190.4K$297.4K
+56.2%
4 $305.7K$239.9K
-21.5%
5+ -$223.9K
N/A

Summary: Paw Paw housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 56.2%, 4 bedroom homes decreased by 21.5%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Paw Paw
+48.7%
Wyoming Township
+5.5%

Housing Supply in Paw Paw, IL

How many homes are available in Paw Paw, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
35+66.7%

Summary: The Paw Paw real estate market had 5 homes for sale in October 2024, a 66.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 23
+50.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The Paw Paw housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Days on Market for Paw Paw, IL

How long does it take to sell a home in Paw Paw, IL?

Average Listing Age

Oct 2023Oct 2024CHANGE
69 Days36 Days-46.7%

Summary: Homes in Paw Paw had an average listing age of 36 days in Oct 2024, down by 46.7% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in Paw Paw, IL

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