Panama, IL
City market trends and history
Public Record
Median Sale Price
$61.2K
12-Month Sales
11
1-Year Appreciation
—
Properties Tracked
50
Median Sale Price History
Top Neighborhoods
| Name | Median |
|---|
Top Neighborhoods by Activity
| Neighborhood | Sales 12mo | Median |
|---|
Top ZIP Codes
| ZIP | Sales 12mo | Median |
|---|
Recent Sales
| Date | Address | Price |
|---|---|---|
| Dec 11, 2023 | North Ave | $32K |
| Dec 9, 2022 | E Elm St | $88.7K |
| Oct 26, 2022 | North Ave | $60K |
| Sep 29, 2022 | Walnut St | $107K |
| Sep 1, 2022 | Cleveland Ave | $80K |
| Aug 2, 2022 | Cleveland Ave | $30K |
| Jul 1, 2022 | 100 LEMAR ST | $8K |
| Jun 22, 2022 | North Ave | $130K |
| Jun 22, 2022 | North Ave | $130K |
| Jun 25, 2020 | E Elm St | $54K |
| May 26, 2020 | Cleveland Ave | $47K |
| May 15, 2020 | Cleveland Ave | $47K |
| Feb 28, 2020 | Cleveland Ave | $58K |
| May 9, 2019 | Cleveland Ave | $39.5K |
| Aug 6, 2001 | Cleveland Ave | $42.5K |
4-Quarter Forecast
Linear projection from past trendQuarterly trend
+9.9%
Implied 1-yr
+39.5%
2023 Q1
$88.5K
2023 Q2
$94.8K
Median Price — History + Forecast
Property type mix
Share by property type
Year-built distribution
Properties by build era
Map
Recent top sales — most expensive
| Address | Sale date | Sale price |
|---|---|---|
| North Ave | Jun 22, 2022 | $130,000 |
| North Ave | Jun 22, 2022 | $130,000 |
| Walnut St | Sep 29, 2022 | $107,000 |
| E Elm St | Dec 9, 2022 | $88,700 |
| Cleveland Ave | Sep 1, 2022 | $80,000 |
| North Ave | Oct 26, 2022 | $60,000 |
| Cleveland Ave | Feb 28, 2020 | $58,000 |
| E Elm St | Jun 25, 2020 | $54,000 |
| Cleveland Ave | May 26, 2020 | $47,000 |
| Cleveland Ave | May 15, 2020 | $47,000 |
How Panama compares
| Metric | Panama | Illinois avg | US avg |
|---|---|---|---|
| Median price | $61.2K | $407.8K | $535.4K |
| 1-year change | — | -1.4% | -5.4% |
| Sales (12mo) | 11 | 12,234 | — |
| Median sqft | 940 | — | — |
Other cities in Illinois
Frequently asked about Panama
What is the median sale price in Panama, IL?
The median sale price in Panama over the last 12 months is $61.2K, based on 11 transactions.
How many sales happen each year in Panama?
Roughly 11 home sales were recorded in Panama over the trailing 12 months.
What types of properties are most common in Panama?
single_family is the most common property type tracked in Panama.
When were most homes in Panama built?
Most homes in Panama were built in the Pre-1950 era.