Is Pana, IL 62557 a buyer’s or seller’s market?
Pana is a seller’s market. With about 3.1 months of supply and 14% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply3.1Under 4 months = seller’s market
Sold above original list13.8%Share of sales, last 3 months
Median sale-to-list93.3%Sold price ÷ list price
Median days on market63Listing to accepted offer
Median price per sq ft$91▲ +7.0% vs. last year
Run the numbers for 62557
Nearby markets
Assumption 62510Balanced $90 /sq ftBlue Mound 62513Buyer’s market $82 /sq ftBulpitt 62517 — /sq ftEdinburg 62531Seller’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