Is Panama, IL 62077 a buyer’s or seller’s market?
Panama is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Months of supply—Under 4 months = seller’s market
Sold above original list50%Share of sales, last 3 months
Median sale-to-list101.5%Sold price ÷ list price
Median days on market26Listing to accepted offer
Median price per sq ft$66▲ +10.5% vs. last year
Run the numbers for 62077
Nearby markets
Coffeen 62017 $136 /sq ftFarmersville 62533 — /sq ftHarvel 62538Buyer’s market — /sq ftHillsboro 62049Seller’s market $96 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology