Housing in Paw Paw, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin โ€” December 2025

Median Sale Price

$409,000

Median List Price

N/A

Price Per Sq Ft

$204

Days on Market

58

Active Inventory

2

Months of Supply

2.0

Seller's market

Zillow Home Value

$221,194

ZHVI โ€” January 2026

Price Trends

Source: Redfin
Sale Price โ†‘ 109.7%List Price โ†‘ 36.9%Apr 24 โ†’ Dec 25

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Sale-to-List Ratio

97.6%

Buyer's market

Sold Above Asking
0.0%

Market Activity

Source: Redfin

Homes Sold

1

Homes Sold โ†‘ 0.0%New Listings โ†‘ 0.0%Pending โ†‘ 0.0%Apr 24 โ†’ Dec 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$204

Sale $/SF โ†‘ 37.8%List $/SF โ†‘ 99.0%Apr 24 โ†’ Dec 25

Paw Paw vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Paw Paw is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$151,100

Median Rent

$847

Total Housing Units

427

Vacancy Rate

13.8%

Owner Occupied

71.2%

Renter Occupied

28.8%

Median Property Tax

$3,127

per year

Monthly Cost (w/ Mortgage)

$1,119

Housing Types

Single Family
84.5%
Multi-Family
15.5%
Mobile Home
0.0%

The current median sale price in Paw Paw, IL is $409,000 according to Redfin data. Homes spend a median of 58 days on the market. 0.0% of homes sold above asking price. The market has 2.0 months of supply. The median price per square foot is $204. The median rent is $847 per month (Census ACS). About 71.2% of housing units are owner-occupied. The median year homes were built is 1961. There are 427 total housing units.