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 20 Days Ago

Newest Listings in Paw Paw, IL

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