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Pana, IL Home Values and Rents

The typical home value in Pana is $111,221, 659th highest of 696 cities and towns in Illinois. Median rent is $684 a month.

Typical home value
$111,221
659th of 696 in IL
Median rent
$684/mo
ACS 2020-2024
Price change, 1 year
+2.9%
Sep 2026
Homeownership
65.0%
IL: 67.1%

Typical home value in Pana

Zillow Home Value Index, all homes, middle tier

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PeriodPana
Sep 2026$111,221
Dec 2025$106,234
Dec 2024$103,855
Dec 2023$96,572
Dec 2022$89,755
Dec 2021$84,997
Dec 2020$88,782
Dec 2019$81,496
Dec 2018$76,505
Dec 2017$74,804
Dec 2016$74,567
Dec 2015$76,316
Dec 2014$75,970
Dec 2013$76,079
Dec 2012$75,525

Over five years, Pana prices changed +29.1%.

Source: Zillow Research · Last updated 09/01/2026

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Home values by ZIP code

Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index

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#ZIP codeMedian valueMedian rent1-year5-year
162557$88,900$702+12.2%+36.7%

Fair Market Rents, FY2027

HUD rent standard for Christian County, IL

IL rents
Unit sizeMonthly rentvs FY2026
Studio$654-2.7%
1 bedroom$718-3.2%
2 bedrooms$939-3.6%
3 bedrooms$1,119-4.2%
4 bedrooms$1,412-0.4%

Frequently asked questions

What is the typical home value in Pana, IL?
The typical home value in Pana is $111,221 (Zillow Home Value Index, Sep 2026). The Illinois median is $263,300.
How much is rent in Pana?
The median rent in Pana is $684 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $939.
Are home prices going up in Pana?
The typical home value in Pana changed +2.9% over one year and +29.1% over five years, as of Sep 2026.
How does Pana compare with the rest of Illinois?
Pana has the 659th highest median home value of 696 cities and towns with 1,000+ residents in Illinois.
Which ZIP code in Pana has the highest home values?
ZIP code 62557 has the highest median home value at $88,900.