Skip to main content

Area data

Panama, IL — ZIP 62077

Population: 420 (Census ACS)

The median home value (Census ACS) in ZIP 62077 (Panama, IL) is $54,700. Homes sell for a median $71,130 after a median 26 days on market. FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with strong wind, cold wave, drought the top-rated hazards. Cost of living is at the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$54,700

Median home value (Census)

26

Median days on market

Relatively Low

Hazard risk (county)

Home values & appreciation

Median home value (Census)
$54,700
House Price Index (state)
340.3 (+5.5% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$71,130
Median price per sqft
$66
1-year sale-price change
+35.5%
Median days on market
26 days
Homes sold (recent period)
2
Sale-to-list ratio
101.5%

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$700/mo
1BR fair-market rent
$716/mo
2BR fair-market rent
$930/mo
3BR fair-market rent
$1,108/mo
4BR fair-market rent
$1,277/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Above Average)
100.0 (100 = US avg)
Electricity rate (state-level)
17.7¢/kWh
Natural gas rate (state-level)
$11.30/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Low
Top hazards (county)
strong wind, cold wave, drought, earthquake, hail
Notable hazard ratings (county)
strong wind: Relatively High · hail: Relatively Moderate · drought: Relatively Moderate · tornado: Relatively Moderate · cold wave: Relatively Moderate · heat wave: Relatively Moderate
Wildfire risk to homes (county)
Higher than 9% of US counties
Buildings in wildfire direct-exposure zone
29.8%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
ASARCO Taylor Springs (6.1 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA NFIP flood-insurance claims (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Annual precipitation
44.5 in
Annual snowfall
10.2 in
USDA plant hardiness zone
6b (extreme annual low -5 to 0°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Amenities

National parks within ~60 mi
4
Nearest national park
Gateway Arch National Park (46 mi)
National parks include
Gateway Arch National Park, Lincoln Home National Historic Site, Springfield 1908 Race Riot National Monument
Airports within 30 mi
25
Nearest airport
Mueller Airport (9 mi)
Nearest major airport
St Louis Regional Airport (ALN) (30 mi)
Hospitals in or near this ZIP
22
Hospitals include
ALTON MEMORIAL HOSPITAL, OSF SAINT ANTHONY'S HEALTH CENTER, ALTON MENTAL HEALTH CENTER
Avg hospital rating (CMS)
3.2 / 5
Best hospital rating nearby (CMS)
5.0 / 5
Solar radiation rating
Fair (4.2 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data (same ZIP, else within ~40 mi) · DOE/NREL (proximity-based)

Housing stock

Median year housing built
1943
Housing built before 1970
65.2%
Housing built 2000 or later
7.5%
Median annual property tax
$862
Households with broadband internet
62.8%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
6,998
Average weekly wage
$888
Top industries (by employment)
Accommodation & Food, Wholesale Trade, Finance & Insurance
Annual residential building permits (county)
11

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 62077State medianUS median
Median sale price$71,130$212,000$325,000
Median days on market26 days48 days51 days
Median annual property tax$862$2,696$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 62077?
$54,700 (Census ACS).
What is the median sale price in ZIP 62077?
$71,130.
How long do homes take to sell in ZIP 62077?
Median days on market: 26 days.
What is typical rent in ZIP 62077?
2-bedroom fair-market rent: $930/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in ZIP 62077?
Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: strong wind, cold wave, drought, earthquake, hail.
What is the wildfire risk in ZIP 62077?
Risk to homes is higher than 9% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 62077?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 62077?
No current or proposed National Priorities List sites within 5 miles (EPA).
What is the cost of living in ZIP 62077?
Regional Price Parity: 100.0 (100 = US average) (Above Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

Listing a home in Panama, IL?

REAIGENT7 gives every listing its own AI assistant grounded in this same public data — it answers buyer and renter questions about the home and the area, around the clock, and sends every lead to the listing agent. Agents: it installs on your listing page, your website, or WordPress.

Data last updated

Most recent source refresh: Oct 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents