Housing Prices in Panora, IA

How much do homes in Panora, IA cost?

Median List Price

$499,000

$312/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$174,000(+53.5%)

Key Takeaway

The list price of homes in Panora has increased by 53.5% since last year.

Summary: The median home list price in Panora was $499,000 in March 2024, up 53.5% from the previous year, and the median price per square foot was $312.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $278.5K$380.9K
+36.8%
3 $305K$542.4K
+77.9%
4 $274.4K$482.4K
+75.8%
5+ $749K$1.0M
+46.2%

Summary: Panora housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 36.8%, 3 bedroom homes increased by 77.9%, 4 bedroom homes increased by 75.8%, and 5+ bedroom homes increased by 46.2%.

Median List Price Compared To Nearby Cities

Panora
+53.5%
Cass Township
+14.6%

Housing Supply in Panora, IA

How many homes are available in Panora, IA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2532+28.0%

Summary: The Panora real estate market had 32 homes for sale in March 2024, a 28.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 13
+200.0%
3 1415
+7.1%
4 810
+25.0%
5+ 24
+100.0%

Summary: The Panora housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.

Days on Market for Panora, IA

How long does it take to sell a home in Panora, IA?

Average Listing Age

Mar 2023Mar 2024CHANGE
107 Days106 Days-1.6%

Summary: Homes in Panora had an average listing age of 106 days in Mar 2024, down by 1.6% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 30 Days Ago

Newest Listings in Panora, IA

Nearby Markets to Panora, IA

What housing markets are near Panora, IA?