Housing Prices in Paw Paw, IL

How much do homes in Paw Paw, IL cost?

Median List Price

$224,900

$124/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

+$40,000(+21.6%)

Key Takeaway

The list price of homes in Paw Paw has increased by 21.6% since last year.

Summary: The median home list price in Paw Paw was $224,900 in April 2024, up 21.6% from the previous year, and the median price per square foot was $124.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$154.9K
N/A
2 $106K$130K
+22.6%
3 $190.4K$300K
+57.6%
4 $342.5K$269K
-21.5%
5+ -$223.9K
N/A

Summary: Paw Paw housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 22.6%, 3 bedroom homes increased by 57.6%, 4 bedroom homes decreased by 21.5%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Paw Paw
+21.6%
Wyoming Township
-8.8%

Housing Supply in Paw Paw, IL

How many homes are available in Paw Paw, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
23+50.0%

Summary: The Paw Paw real estate market had 3 homes for sale in April 2024, a 50.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 11
0.0%
3 00
0.0%
4 11
0.0%
5+ 00
0.0%

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

Apr 2023Apr 2024CHANGE
81 Days54 Days-33.1%

Summary: Homes in Paw Paw had an average listing age of 54 days in Apr 2024, down by 33.1% compared to the previous year.

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

Report Updated Apr 1, 2024

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