Data as of July 2026. Source: Realtor.com.
The PANA, IL real estate market (62557) currently shows 26 active listings, with 3 pending sales. Homes are averaging 60 days on the market before going under contract.
Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 60 days on market compared to 59 days last year.
The median listing price has fallen 32.1% year-over-year, from $174,900 to $118,725.
Whether you are buying or selling in PANA, 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.
Population: 7,002 · Density: 23.1/mi² · Median household income: $53,060
Typical home value: $97,998 · Homeownership: 77.0%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 62557 | Pana, IL 62557 | 0.0 mi | 24 | $3,410,496 | $122,400 | $142,104 |
| 62555 | Owaneco, IL 62555 | 7.7 mi | 1 | $145,000 | $145,000 | $145,000 |
| 62510 | Assumption, IL 62510 | 10.0 mi | 4 | $625,500 | $137,000 | $156,375 |
| 62431 | Herrick, IL 62431 | 13.2 mi | 2 | $308,750 | $154,375 | $154,375 |
| 62556 | Palmer, IL 62556 | 14.9 mi | 1 | $219,900 | $219,900 | $219,900 |
| 62565 | Shelbyville, IL 62565 | 16.2 mi | 23 | $3,181,843 | $133,250 | $138,341 |
| 62094 | Witt, IL 62094 | 16.9 mi | 7 | $515,375 | $54,750 | $73,625 |
| 62080 | Ramsey, IL 62080 | 17.9 mi | 4 | $453,892 | $113,473 | $113,473 |
| 62534 | Findlay, IL 62534 | 18.9 mi | 4 | $963,800 | $240,950 | $240,950 |
| 62540 | Kincaid, IL 62540 | 21.1 mi | 3 | $494,700 | $164,900 | $164,900 |
| 62544 | Macon, IL 62544 | 22.5 mi | 0 | $0 | $209,000 | $209,000 |
| 62531 | Edinburg, IL 62531 | 23.4 mi | 3 | $354,699 | $119,900 | $118,233 |
| 62465 | Strasburg, IL 62465 | 25.2 mi | 1 | $139,900 | $139,900 | $139,900 |
As of July 2026, there are 26 active listings in PANA, IL (zip code 62557), compared to 18 the prior year.
The median listing price in PANA, IL 62557 is $118,725 as of July 2026, a 32.1% decrease from $174,900 the prior year.
Homes in PANA, IL 62557 spend an average of 60 days on the market before going under contract, compared to 59 days the prior year.
Based on current inventory and days-on-market data as of July 2026, PANA, IL 62557 is currently a Buyer's Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 60 days on market compared to 59 days last year.
With SELL123.com's maximum 3% commission, sellers in PANA, IL 62557 save an estimated $2,375 compared to a typical 5% commission on the median listing price of $118,725. 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.