Housing Prices in Paw Paw, IL

How much do homes in Paw Paw, IL cost?

Median List Price

$275,000

$130/sqft

Based on all homes listed in the last 12 months.

Difference Since December 2023

+$65,100(+31.0%)

Key Takeaway

The list price of homes in Paw Paw has increased by 31% since last year.

Summary: The median home list price in Paw Paw was $275,000 in December 2024, up 31% from the previous year, and the median price per square foot was $130.

Median List Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$154.9K
N/A
2 $122.5K$105K
-14.3%
3 $195.9K$279.5K
+42.7%
4 $342.5K$334.9K
-2.2%
5+ $223.9K$223.9K
0.0%

Summary: Paw Paw housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 42.7%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Wyoming Township
+45.1%
Paw Paw
+31.0%

Housing Supply in Paw Paw, IL

How many homes are available in Paw Paw, IL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
710+42.9%

Summary: The Paw Paw real estate market had 10 homes for sale in December 2024, a 42.9% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 44
0.0%
4 35
+66.7%
5+ 00
0.0%

Summary: The Paw Paw housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 66.7%, 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

Dec 2023Dec 2024CHANGE
57 Days49 Days-13.3%

Summary: Homes in Paw Paw had an average listing age of 49 days in Dec 2024, down by 13.3% 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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