What is the median home value in Paw Paw, IL?

Name: Home values in Paw Paw, IL, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median value of owner-occupied homes in Paw Paw, IL is $153,900 (±$13,410), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Paw Paw, the median home value went from $114,600 in 2015–2019 to $153,900 in 2020–2024 (+34.3%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on November 12, 2026.

Median home value: $153,900 (±$13,410)
Owner-occupied homes: 287 (±51)
Most common range: $150,000 to $199,999

Home values in Paw Paw

Owner-occupied homes by value, 2020–2024
Value	Paw Paw	Lee County	Illinois	United States
Less than $50,000	8.4% (±7.9 points)	7.1%	5.4%	5.3%
$50,000 to $99,999	15.7% (±5.5 points)	19.7%	8.3%	6.1%
$100,000 to $149,999	23.0% (±7.0 points)	21.4%	9.7%	6.8%
$150,000 to $199,999	29.3% (±9.1 points)	14.7%	11.8%	9.0%
$200,000 to $299,999	19.5% (±6.7 points)	21.0%	22.3%	17.8%
$300,000 to $499,999	3.8% (±2.7 points)	12.4%	27.7%	26.9%
$500,000 to $999,999	0.0% (±12.2 points)	2.7%	12.1%	20.9%
$1,000,000 or more	0.3% (±1.0 points)	0.9%	2.7%	7.1%

The most common range is $150,000 to $199,999, 29.3% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Paw Paw against Lee County, its state and the nation

Estimate (90% margin of error)
	Paw Paw	Lee County	Illinois	United States
Median home value	$153,900 (±$13,410)	$154,600 (±$7,304)	$263,300 (±$797)	$332,700
Owner-occupied homes	287 (±51)	9,821 (±291)	3,378,910 (±14,728)	84,210,142

In Paw Paw, the median home value is not measurably different from Lee County ($154,600).

It is also lower than in Illinois ($263,300).

It is lower than the national figure ($332,700).

In Lee County, Paw Paw ranks 16 of 32 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 1208 of 2,652.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Paw Paw have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median home value	$114,600 (±$9,296)	$153,900 (±$13,410)	+34.3%	No measurable change after inflation
Median owner cost with a mortgage	$1,186 (±$88)	$1,301 (±$133)	+9.7%	No measurable change after inflation
Median real estate taxes	$2,891 (±$345)	$2,911 (±$230)	+0.7%	Down after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Paw Paw

Nearest places with a published estimate, compared with Paw Paw
Place	Distance	Median home value	Compared with this place
Paw Paw	—	$153,900 (±$13,410)	—
Wyoming Township	0.8 mi	$179,500 (±$20,892)	Higher
Willow Creek Township	4.8 mi	$250,000 (±$90,053)	Higher
Paw Paw Township	5.1 mi	$409,700 (±$83,209)	Higher
Compton	5.5 mi	$80,800 (±$11,277)	Lower
Brooklyn Township (Lee County)	6.7 mi	$117,600 (±$41,149)	Not measurably different
Meriden Township	7.2 mi	$162,500 (±$160,730)	Not measurably different
Shabbona	7.3 mi	$186,600 (±$9,275)	Higher
Shabbona Township	7.3 mi	$197,100 (±$32,849)	Higher

Nearby places with a measurably lower figure: Compton, IL ($80,800).

Nearby places with a measurably higher figure: Wyoming Township, IL ($179,500), Willow Creek Township, IL ($250,000), Paw Paw Township, IL ($409,700).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Lee County, place by place

Rank	Place	Median home value
10	May Township (Lee County)	$181,300 (±$146,320)
11	Wyoming Township	$179,500 (±$20,892)
12	East Grove Township	$175,000 (±$111,785)
13	Reynolds Township	$170,500 (±$25,514)
14	Sublette Township	$160,200 (±$18,565)
15	Amboy Township	$155,300 (±$20,367)
16	Paw Paw	$153,900 (±$13,410)
17	Harmon	$151,800 (±$66,103)
18	Steward	$148,000 (±$19,933)
19	Nelson Township	$147,700 (±$35,820)
20	Sublette	$138,300 (±$17,886)
21	Ashton Township	$137,500 (±$24,769)
22	Amboy	$134,800 (±$34,915)

Showing 13 of 32 places in Lee County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Paw Paw

What is the average home value in Paw Paw, IL?

The Census Bureau publishes the median: $153,900 (±$13,410) for owner-occupied homes in Paw Paw (2020–2024 American Community Survey).

Have home values in Paw Paw gone up?

In Paw Paw, the median home value went from $114,600 in 2015–2019 to $153,900 in 2020–2024 (+34.3%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in Paw Paw sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Paw Paw village, Illinois (place:58226, in state:17).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.