Pat and Debbie Gummerson, Sales Associate

Panama Real Estate Market Conditions

  • Median sales price

    change since last quarter
  • # Active listings

    30-day change

Panama Schools and Demographics


Education near Zip Code Panama, IL

City County
College Degree - 2 year 8 10
College Degree - 4 year 5 9

Demographics near Panama, IL

City County
Population 311 29,091
Population Density 865.5 41.3
Median Age 39 41.8
People per Household 2.2 2.4
Median Household Income 49,965 45,784
Average Income per Capita 30,262 23,715

Panama Real Estate

Panama is located in Illinois. Panama, Illinois has population of 311. Panama is more family-centric than the surrounding county with 27% of the households with children.

The median household income in Panama, Illinois is $49,965. The median household income for the surrounding county is $45,784 compared to the national median of $57,525. The median age of people living in Panama is 39 years.

Panama Weather

The average high temperature in July is 90.7 degrees, with an average low temperature in January of 21.1 degrees. The annual precipitation is 40.18.

Panama Map

Panama real estate offices

Real estate near Panama