Panola IL Multi Family for Sale

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Panola Real Estate

The median home value in Panola, IL is $141,400. This is lower than the county median home value of $181,200. The national median home value is $338,100. The average price of homes sold in Panola, IL is $141,400. Approximately 77.78% of Panola homes are owned, compared to 0% rented, while 22.22% are vacant. Panola real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Panola real estate agent to arrange a tour today!

Panola, Illinois has a population of 23. Panola is less family-centric than the surrounding county with 20% of the households containing married families with children. The county average for households married with children is 33.36%.

The median household income for the surrounding county is $76,486 compared to the national median of $69,021. The median age of people living in Panola is 60.8 years.

Panola Weather

The average high temperature in July is 85.6 degrees, with an average low temperature in January of 15.1 degrees. The average rainfall is approximately 38.4 inches per year, with 20.5 inches of snow per year.

Panola Real Estate Market Conditions

  • Median sales price

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  • # Active listings

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    30-day change

Panola Schools and Demographics

Education near Panola, IL

Metric City County
High School Graduates 100 94.28
College Degree - 2 year 4.76 11.58
College Degree - 4 year 42.86 34.91
Graduate Degree 9.52 10.23
Expenditures per Student 20,680 20,680
Students per Teacher 13.5 13.5

Elementary Schools near Panola, IL

School Grades Students P/T Ratio ZIP
Fieldcrest Elementary - South PK - 04 213 15.1 61760
Gridley Grade School KG - 03 82 7.5 61744
Hudson Elementary School KG - 05 274 18.5 61748
Jefferson Park School PK - 03 317 14.7 61738

Middle Schools near Panola, IL

School Grades Students P/T Ratio ZIP
Centennial School 04 - 05 184 14.9 61738
El Paso-Gridley Junior High School 06 - 08 257 15.6 61744
Roanoke-Benson Junior High School 05 - 08 169 15.4 61516

High Schools near Panola, IL

School Grades Students P/T Ratio ZIP
El Paso-Gridley High School 09 - 12 383 12.8 61738
Fieldcrest High School 09 - 12 355 13.5 61760

Demographics near Panola, IL

Metric City County
Neighborhood Type
Population 23 38,571
Population Density 54 73
Median Age 60.8 40
People per Household 1.6 2.6
Median Household Income N/A 76,486
Average Income per Capita 44,270 38,480