Pana, IL

Buyer's market

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

Price drops:13.3%of listings
Sale-to-list:86.5%

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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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