Panama Real Estate Market Conditions

  • # Active listings

    3

  • Recent Sales

    1

  • Median list price

    $79,000

  • Median sales price

    $103,000

  • AVG Days On Market

    91

  • Median Price Per SqFt

    $82


Panama Schools and Demographics

Elementary Schools near Panama, IL

Grades Students P/T Ratio ZIP
Beckemeyer Elementary School KG - 05 546 19 62049
Coffeen Elementary School PK - 05 244 24 62017
Sorento Elementary School PK - 08 108 17 62086

Middle Schools near Panama, IL

Grades Students P/T Ratio ZIP
Hillsboro Jr High School 06 - 08 365 17 62049

High Schools near Panama, IL

Grades Students P/T Ratio ZIP
Hillsboro High School 09 - 12 480 17 62049

Panama Real Estate

Panama is located in ILLINOIS. Panama, ILLINOIS has a population of 311. Panama is more family-centric than the surrounding county with 27% of the households containing married families with children. The county average for households married with children is 24%.

The median household income in Panama, IL is $49,965. The median household income for the surrounding county is $45,784 compared to the national median of $57,525. The median age of people living in Panama is 39 years old.

Panama Weather

The average high temperature in July is 91 degrees, with an average low temperature in January of 21 degrees. The average rainfall is approximately 40 inches per year.

Panama Map

Real estate near Panama