A+
66%
Med. Home Val. NAT. AVG.
30%
Rent NAT. AVG.
42%
Owner Occ. NAT. AVG.
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Panama Housing Information

IndexPanamaIllinoisNational
Median home price$62,900$174,800$184,700
Median rent asked$667$925$949
Avg. people per household1.92.62.6
Owner occupied households90.1%66.0%63.6%
Renter occupied households9.9%34.0%36.4%
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Housing Quick Facts

  • The median home price in Panama is 66% lower than the national average.
  • The median rent asked in Panama is 30% lower than the national average.
  • The average number of people per household in Panama is 28% lower than the national average.
  • The number of owner occupied households in Panama is 42% higher than the national average.
  • The number of renter occupied households in Panama is 73% lower than the national average.

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Walshville, IL241$0100%
      Old Ripley, IL79$0100%
      Sorento, IL499$37,50080%
      Irving, IL340$49,00073%
      Williamson, IL202$54,50070%
      Panama, IL221$62,90066%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Okreek, SD221$30,30084%
      Newbern, AL221$67,20064%
      Widener, AR221$18,80090%
      Walnut, KS221$25,60086%
      Olde West Chester, OH221$169,6008%
      Panama, IL221$62,90066%
      Source: The Panama, IL housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).