Pana, IL Housing Market
The Pana housing market is somewhat competitive. The median sale price of a home in Pana was $43K last month, down 42.7% since last year. The median sale price per square foot in Pana is $64, down 29.7% since last year.
Pana Housing Market Trends
In May 2025, Pana home prices were down 42.7% compared to last year, selling for a median price of $43K.

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How hot is the Pana housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
- Some homes get multiple offers.
- The average homes sell for about 8% below list price and go pending in around 26 days.
- Hot homescan sell for around list price and go pending in around 8 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% below list price and go pending in around 13 days.
- Hot homescan sell for around list price and go pending in around 2 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
- Some homes get multiple offers.
- The average homes sell for about 4% below list price and go pending in around 22 days.
- Hot homescan sell for around list price and go pending in around 20 days.
Pana Migration & Relocation Trends
View houses in Pana that sold recently
Recently sold homes
- $115,000 Last Sold Price2 beds1 bath1,188 sq ft201 Franklin St, Pana, IL 62557List Price$119,900Sale to List4% under listDays on Market108 days201 Franklin St, Pana, IL 62557
- $95,500 Last List Price3 beds2 baths1,332 sq ft314 Hickory, Pana, IL 62557List Price—Sale to List—Days on Market79 days314 Hickory, Pana, IL 62557
- $12,500 Last Sold Price1 bed1 bath624 sq ft2 N Carr St, Pana, IL 62557List Price$16,500Sale to List24% under listDays on Market65 days2 N Carr St, Pana, IL 62557
- $15,000 Last Sold Price2 beds1 bath840 sq ft6 Dewitt St, Pana, IL 62557List Price$15,000Sale to List0% over listDays on Market0 days6 Dewitt St, Pana, IL 62557
- $300,000 Last Sold Price3 beds3.5 baths1,640 sq ft22 Beyers Lake Est, Pana, IL 62557List Price$329,900Sale to List9% under listDays on Market101 days22 Beyers Lake Est, Pana, IL 62557
- $8,000 Last Sold Price—beds—baths—sq ft720 E Lincoln St, Pana, IL 62557List Price$12,500Sale to List36% under listDays on Market120 days720 E Lincoln St, Pana, IL 62557
- $102,000—beds3 baths2,314 sq ft2503 E 250 North Rd, Pana, IL 62557List Price—Sale to List—Days on Market—2503 E 250 North Rd, Pana, IL 62557
- $85,000 Last List Price0 beds—baths—sq ft0 N 600 East Rd, Pana, IL 62557List Price—Sale to List—Days on Market112 days0 N 600 East Rd, Pana, IL 62557
See all recently sold homes in Pana.
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Schools in Pana
- Elementary
- Middle
- High
GreatSchools Rating
6/10 Lincoln Elementary School Public • 3-5 | 217 Students | N/A |
NR Washington Elementary School Public • PreK-2 | 299 Students | N/A |
Climate's impact on Pana housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Pana.
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