Panola IL Homes for Sale

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Panola Real Estate

The median home value in Panola, IL is $144,600. This is lower than the county median home value of $155,900. The national median home value is $219,700. The average price of homes sold in Panola, IL is $144,600. Approximately 78.57% of Panola homes are owned, compared to 21.43% rented, while 0% 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 45. Panola is more family-centric than the surrounding county with 64.29% of the households containing married families with children. The county average for households married with children is 34.75%.

The median household income in Panola, Illinois is $100,000. The median household income for the surrounding county is $69,507 compared to the national median of $57,652. The median age of people living in Panola is 32.8 years.

Panola Weather

The average high temperature in July is 86 degrees, with an average low temperature in January of 15.1 degrees. The average rainfall is approximately 38.4 inches per year, with 21.3 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 94.57
College Degree - 2 year 10.35 10.38
College Degree - 4 year 44.83 31.08
Graduate Degree 13.79 6.68
Expenditures per Student 11,907 11,200
Students per Teacher 12.6 71.8

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 45 38,942
Population Density 105 74
Median Age 32.8 39.9
People per Household 3.2 2.6
Median Household Income 100,000 69,507
Average Income per Capita 30,480 34,198