Housing & Real Estate — Panama, Illinois
Overview
| Total Housing Units | 164 |
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| Occupied | 149 |
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| Vacant | 15 |
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| Owner-Occupied | 128 |
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| Renter-Occupied | 21 |
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| Median Home Value (Census) | $54,700 |
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| Estimated 2026 | ~$68,000 |
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| Median Rent | $833/mo |
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| Median Property Tax | $862/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | affordable |
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| Rent as % of Income | 13.7% |
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| Severely Rent-Burdened | 0.0% |
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Housing Age
| Built 2010 or later | 2 |
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| Built 2000-2009 | 12 |
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| Built 1990-1999 | 5 |
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| Built before 1960 | 108 |
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| Median Year Built | 1957 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
