Population: 317 · Density: 49.6/mi² · Median household income: $59,643
Typical home value: $62,955 · Homeownership: 85.3%
Data as of January 2026. Source: Realtor.com.
The PANAMA, IL real estate market (62077) currently shows 2 active listings, with 1 pending sales. Homes are averaging 7 days on the market before going under contract.
Whether you are buying or selling in PANAMA, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 62077 | Panama, IL 62077 | 0.0 mi | 2 | $224,900 | $112,450 | $112,450 |
| 62091 | Walshville, IL 62091 | 5.4 mi | 1 | $435,000 | $435,000 | $435,000 |
| 62049 | Hillsboro, IL 62049 | 7.0 mi | 18 | $3,978,360 | $137,000 | $221,020 |
| 62074 | New Douglas, IL 62074 | 10.4 mi | 1 | $35,284 | $35,284 | $35,284 |
| 62069 | Mount Olive, IL 62069 | 12.7 mi | 15 | $1,641,675 | $80,000 | $109,445 |
| 62015 | Butler, IL 62015 | 13.1 mi | 1 | $499,900 | $499,900 | $499,900 |
| 62058 | Livingston, IL 62058 | 14.1 mi | 2 | $418,900 | $209,450 | $209,450 |
| 62275 | Pocahontas, IL 62275 | 15.0 mi | 4 | $1,800,000 | $450,000 | $450,000 |
| 62085 | Sawyerville, IL 62085 | 15.7 mi | 1 | $525,000 | $525,000 | $525,000 |
| 62009 | Benld, IL 62009 | 15.7 mi | 4 | $283,520 | $38,500 | $70,880 |
| 62094 | Witt, IL 62094 | 17.2 mi | 7 | $417,200 | $30,000 | $59,600 |
| 62033 | Gillespie, IL 62033 | 19.0 mi | 13 | $1,800,604 | $97,000 | $138,508 |
| 62097 | Worden, IL 62097 | 19.3 mi | 3 | $679,425 | $270,950 | $226,475 |
As of January 2026, there are 2 active listings in PANAMA, IL (zip code 62077).
The median listing price in PANAMA, IL 62077 is $112,450 as of January 2026.
Homes in PANAMA, IL 62077 spend an average of 7 days on the market before going under contract.
Based on current inventory and days-on-market data as of January 2026, PANAMA, IL 62077 is currently a Balanced Market.
With SELL123.com's maximum 3% commission, sellers in PANAMA, IL 62077 save an estimated $2,249 compared to a typical 5% commission on the median listing price of $112,450. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.