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Featured local agent — Pawnee, IL
Sarah Mitchell
Compass Real Estate · Pawnee, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Pawnee, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$195,000median sale price
How is the Pawnee, IL housing market right now?
The median home sale price in Pawnee, IL is $195,000, down 11.8% year-over-year. Homes sell in an average of 4 days with 1 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Pawnee a buyer's or seller's market?
Pawnee, IL is currently a seller's market, based on 0.3 months of supply and homes selling in about 4 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
4
Fast-moving
Active listings
1
0.3 months supply
Sale-to-list
95.6%
Below asking
What does the Pawnee housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $195,000 |
| Median list price | $215,000 |
| Year-over-year price change | -11.8% |
| Average days on market | 4 days |
| Active inventory | 1 listings |
| Months of supply | 0.3 months |
| Sale-to-list price ratio | 95.6% |
| Median price per sq ft | $121/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 3 |
| Listings with a price cut | 100.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Pawnee by property type?
How the Pawnee, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $195,000 | $121/sq ft | 3 | 4 days |
| Townhouse | $120,000 | $85/sq ft | 1 | 1871 days |
Source: Redfin · Updated monthly
The Pawnee housing market is currently classified as a seller's market with a median sale price of $195,000. Prices have fallen 11.8% compared to last year, with homes spending an average of 4 days on market, indicating 0.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.4x provides context for how home values compare to local earning capacity.
Homes for sale in Pawnee
There are currently 1 homes listed for sale in Pawnee, Illinois. The median listing price is $215K.
Active listings
1
Homes on market
Median list price
$215K
Avg. days on market
4
Days until sale
New this week
3
Newly listed
Who lives in Pawnee?
Population
2,706
Median income
$77,977/yr
Median age
45.4 years
Owner-occupied
78.8%
College grads
29.6%
Avg commute
28 min
Source: U.S. Census Bureau ACS
What are homes worth in Pawnee?
Zillow home value
$189,856
Price-to-income
2.4x
Source: Zillow Research
What is it like to live in Pawnee?
Pawnee is a community of approximately 3K residents with a median age of 45.4 years.The median household income is $77,977, which reflects a relatively affluent area with strong earning potential. 29.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 78.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 28 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Pawnee offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Pawnee?
2 schools tracked · 563 students
The largest public schools serving Pawnee, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Pawnee Grade School
Grades PK-6 · 304 students
Pawnee Jr/Sr High Sch
Grades 7-12 · 259 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Pawnee, IL?
Want a head-to-head view? Compare Pawnee side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Pawnee?
The median home sale price in Pawnee is $195,000, down 11.8% from last year.
How long do homes stay on market in Pawnee?
Homes typically spend 4 days on market before going under contract.
What is the median income in Pawnee?
The median household income is $77,977 per year.
Is Pawnee a buyer's or seller's market?
With 0.3 months of supply, Pawnee is currently a seller's market.
What is the Zillow home value estimate for Pawnee?
The Zillow Home Value Index (ZHVI) for Pawnee is $189,856, representing the typical home value in the area.
How much does a single-family home cost in Pawnee?
The median single-family home price in Pawnee, IL is $195,000 (about $121 per square foot).
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