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Advertise here →Paxton, IL · Market Data
Paxton, Illinois real estate market data.
Real estate market data for Paxton, IL (Ford County) — Census median home value $116,700, county listing prices up about 4.5% over the past year.
Paxton, IL is in Ford County, Illinois — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 4,201, with a median household income of $60,470. Census data puts Paxton's median home value at $116,700.
At a glance
Paxton market snapshot
Population
4,201
Median Household Income
$60,470
Median Home Value (city)
$116,700
Median Gross Rent
$922/mo
Price Trend (YoY)
+4.5%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Paxton different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Paxton's median home value — across all owner-occupied homes, not just recent sales — at $116,700.
County Price Trend
Ford County's FHFA house price index shows a 4.51% annual change in 2025.
Population & Income
Paxton has an estimated population of 4,201 and a median household income of $60,470, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Paxton's Census-reported median home value works out to about 1.9x the area's median household income, and median gross rent runs roughly 18% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Paxton FAQ
What are home values like in Paxton, IL?
The Census Bureau's American Community Survey puts Paxton's median home value at $116,700.
What is the population of Paxton, IL?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Paxton's population at approximately 4,201.
What's the median rent in Paxton, IL?
The Census ACS estimates median gross rent in Paxton at approximately $922 per month.
What is the median household income in Paxton, IL?
Census ACS data puts the median household income in Paxton at approximately $60,470.
Is the Paxton housing market growing?
Ford County's FHFA house price index shows a 4.51% annual change in 2025.
Is Paxton, IL affordable relative to income?
Census ACS data puts Paxton's median home value at about 1.9 times the median household income, with median gross rent equal to roughly 18% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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