Panama, IL Housing Statistics

A+

66%

Med. Home Val. NAT. AVG.

30%

Rent NAT. AVG.

42%

Owner Occ. NAT. AVG.

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Panama Housing Information

Index	Panama	Illinois	National
Median home price	$62,900	$174,800	$184,700
Median rent asked	$667	$925	$949
Avg. people per household	1.9	2.6	2.6
Owner occupied households	90.1%	66.0%	63.6%
Renter occupied households	9.9%	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

	Population	Home Price	National Avg.
Walshville, IL	241	$0	100%
Old Ripley, IL	79	$0	100%
Sorento, IL	499	$37,500	80%
Irving, IL	340	$49,000	73%
Williamson, IL	202	$54,500	70%
Panama, IL	221	$62,900	66%

Cities with similar population

	Population	Home Price	National Avg.
Okreek, SD	221	$30,300	84%
Walnut, KS	221	$25,600	86%
Jeddito, AZ	221	$104,200	44%
Olde West Chester, OH	221	$169,600	8%
Berwind, WV	221	$0	100%
Panama, IL	221	$62,900	66%

Source: The Panama, IL housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).