Panora, IA Housing Market

The Panora housing market is very competitive. The median sale price of a home in Panora was $110K last month, down 58.9% since last year. The median sale price per square foot in Panora is $192, up 28.0% since last year.

Trends
Demand
Migration
Schools
Climate

Panora Housing Market Trends

What is the housing market like in Panora today?

In October 2024, Panora home prices were down 58.9% compared to last year, selling for a median price of $110K.

$178K

Sale Price

-21.9%
since last year

$192

Sale $/Sq. Ft.

+28.0%
since last year

Under List Price

1.5%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the Panora and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Panora add value to a home.

How hot is the Panora housing market?

Panora is very competitive. Homes sell in 29 days.

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% below list price and go pending in around 29 days.
Hot homes
can sell for about 1% above list price and go pending in around 7 days.

Compare With Nearby Cities

Adel

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 89 days.
Hot homes
can sell for around list price and go pending in around 28 days.

Perry

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 4% below list price and go pending in around 14 days.
Hot homes
can sell for around list price and go pending in around 5 days.

See more nearby cities and neighborhoods

Panora Migration & Relocation Trends

In Sep '24 - Nov '24, 34% of Panora homebuyers searched to move out of Panora, while 66% looked to stay within the metropolitan area.

Where are people moving to Panora from?

Across the nation, 0.11% of homebuyers searched to move into Panora from outside metros.
Washington homebuyers searched to move into Panora more than any other metro followed by Chicago and Miami.

Where are people from Panora moving to?

66% of Panora homebuyers searched to stay within the Panora metropolitan area.
Minneapolis was the most popular destination among Panora homebuyers followed by Phoenix and Sarasota.

Number of People Moving to Panora

least

most

People are moving to Panora from

Inbound		Net inflow
Metros		Sep '24 - Nov '24
1	Washington, DC	96
2	Chicago, IL	67
3	Miami, FL	57
4	Los Angeles, CA	56
5	Omaha, NE	54
6	Denver, CO	47
7	Seattle, WA	37
8	Albuquerque, NM	35
9	Kansas City, MO	30
10	San Francisco, CA	17

People are leaving Panora for

Outbound		Net outflow
Metros		Sep '24 - Nov '24
1	Minneapolis, MN	29
2	Phoenix, AZ	21
3	Sarasota, FL	8
4	Virginia Beach, VA	8
5	Nashville, TN	6
6	Tampa, FL	5
7	Cape Coral, FL	5
8	Charlotte, NC	5
9	Philadelphia, PA	4
10	Detroit, MI	4

Methodology

This data does not reflect actual moves. The latest migration analysis is based on a sample of about two million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.

View houses in Panora that sold recently

Recently sold homes

SOLD DEC 6, 2024
$26,000 Last Sold Price
0 beds
—baths
—sq ft
6907 Lakeview Pt, Panora, IA 50216
List Price
$27,500
Sale to List
5% under list
Days on Market
87 days
6907 Lakeview Pt, Panora, IA 50216
SOLD DEC 4, 2024
$19,000 Last Sold Price
0 beds
—baths
—sq ft
4604 Jeanie Ln, Panora, IA 50216
List Price
$23,900
Sale to List
21% under list
Days on Market
127 days
4604 Jeanie Ln, Panora, IA 50216
SOLD DEC 2, 2024
$13,500 Last Sold Price
0 beds
—baths
—sq ft
4027 Panorama Dr, Panora, IA 50216
List Price
$18,000
Sale to List
25% under list
Days on Market
87 days
4027 Panorama Dr, Panora, IA 50216
SOLD NOV 27, 2024
$2,004,000
—beds
—baths
—sq ft
819 E Main St, Panora, IA 50216
List Price
—
Sale to List
—
Days on Market
—
819 E Main St, Panora, IA 50216
SOLD NOV 22, 2024
$223,000 Last Sold Price
4 beds
2.5 baths
1,330 sq ft
117 E Clay St, Panora, IA 50216
List Price
$220,000
Sale to List
1% over list
Days on Market
57 days
117 E Clay St, Panora, IA 50216
SOLD NOV 22, 2024
$766,500 Last Sold Price
4 beds
3 baths
1,648 sq ft
4355 Panorama Dr, Panora, IA 50216
List Price
$799,000
Sale to List
4% under list
Days on Market
109 days
4355 Panorama Dr, Panora, IA 50216
SOLD NOV 15, 2024
3D WALKTHROUGH
$3,100,000 Last Sold Price
6 beds
4.5 baths
2,825 sq ft
5065 Panorama Dr, Panora, IA 50216
List Price
$3,500,000
Sale to List
11% under list
Days on Market
142 days
5065 Panorama Dr, Panora, IA 50216
SOLD NOV 15, 2024
$162,000
4 beds
4.5 baths
3,551 sq ft
4692 Panorama Dr, Panora, IA 50216
List Price
—
Sale to List
—
Days on Market
—
4692 Panorama Dr, Panora, IA 50216
See all recently sold homes in Panora.
See listings

Schools in Panora

Learn about schools in the Panora area

Elementary
Middle
High

GreatSchools Rating

7/10

Panorama Elementary School

Public • PreK-5

302

Students

N/A

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Panora housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Panora.

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Moderate

98% of properties are at moderate risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Panora

New Listings in Panora

Nearby City Housing Markets

Zip Code Housing Markets

50216 Housing Market

Nearby City Listings

Zip Code Listings

50216 Real Estate

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