Pana, IL
Housing market overview · Updated weekly
$115,000median sale price
Homes sold
3
Last 12 weeks
Days on market
135
Average pace
Active listings
15
5.0 months supply
Sale-to-list
86.5%
Below asking
The Pana housing market is currently classified as a buyer's market with a median sale price of $115,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 135 days on market, indicating 5.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Pana
There are currently 15 homes listed for sale in Pana, Illinois. The median listing price is $55K.
Active listings
15
Homes on market
Median list price
$55K
Avg. days on market
135
Days until sale
New this week
9
Newly listed
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Frequently asked questions
What is the average home price in Pana?
The median home sale price in Pana is $115,000, down 0.0% from last year.
How long do homes stay on market in Pana?
Homes typically spend 135 days on market before going under contract.
Is Pana a buyer's or seller's market?
With 5.0 months of supply, Pana is currently a buyer's market.
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