Housing in Pana, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$69,000

Median List Price

$70,000

Price Per Sq Ft

$86

Days on Market

15

Active Inventory

15

Months of Supply

5.0

Balanced market

Zillow Home Value

$101,279

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 45.8%List Price 0.1%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

80.7%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
0.0%
Listings with Price Drops
26.7%

Market Activity

Source: Redfin

Homes Sold

3

New Listings

4

Pending Sales

6

Homes Sold 62.5%New Listings 20.0%Pending 50.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$86

Median List $/SF

$55

Sale $/SF 0.0%List $/SF 12.7%Mar 24Jan 26

Pana vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Pana is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$82,000

Median Rent

$670

Total Housing Units

2,644

Vacancy Rate

17.4%

Owner Occupied

68.1%

Renter Occupied

31.9%

Median Property Tax

$1,341

per year

Monthly Cost (w/ Mortgage)

$622

Housing Types

Single Family
78.4%
Multi-Family
16.5%
Mobile Home
5.1%

The current median sale price in Pana, IL is $69,000 according to Redfin data. Homes spend a median of 15 days on the market. 0.0% of homes sold above asking price. The market has 5.0 months of supply. The median price per square foot is $86. The median rent is $670 per month (Census ACS). About 68.1% of housing units are owner-occupied. The median year homes were built is 1955. There are 2,644 total housing units.