Panama is a village in Montgomery and Bond Counties with 343 residents. Panama is located off of Illinois Route 127 about 13 miles south of Hillsboro, 18 miles southeast of Litchfield and 14 miles from Greenville. Panama residents have the benefits of Hillsboro’s amenities and School District.
Panama Clubs: VFW
Panama Churches: Panama United Methodist Church, Panama Free Methodist Church
Are you looking for Panama Homes for Sale?
MCR Realty Professionals, Inc. agents are the leading Panama REALTOR®s in residential and bank owned properties in the Montgomery County area.
To get started searching Panama homes for sale, visit our Advanced Homes search. Once there you can create a custom search tailored to the type of home YOU want. You will have access to the entire MLS and get real time property information as Panama homes are added to the market. In fact you can sign up for your own personal My Listing Manager account so you can get emailed when a new Panama property that matches your search requirements is added to the MLS so you can beat other buyers to the hottest deals and stay on top of the newest Panama homes on the market. Once you have set up your My Property Manager just sit back and allow the homes to come to you! You can also save your favorites, share your favorite Panama Homes with family and friends and much more! And remember, our website is available to you 24/7 365 so no matter what time of the day or night, you can access every Panama property for sale on the MLS.
Are you selling a Panama home?
SELLERS! MCR Realty Professionals, Inc. is ready to assist you in selling your Panama Property quickly and for top dollar. Get started by finding out what your Panama home is worth with our free home valuation. Within 24 hours we will look up similar homes in YOUR neighborhood and compare them with the features of your Panama home. Be sure to tell us about any upgrades or improvements you have made so we can include that in your estimate. Then we will meet with you to learn more about your wants and needs and talk about setting the price of your home. We will give you the best advice on pricing, staging, open houses and more! Once we have discussed these things with you we will promptly list your Panama home in the MLS and start marketing it online through all of our online partners. We list your Panama home in all of the top places so it will be found everywhere! Some of those places include Google, Yahoo Real Estate, RealtyTrac, Trulia, Zillow and more! Your Panama Home will have the best exposure when you list with MCR Realty Professionals, Inc. As Panama REALTOR®s, we have access to information about Panama homes for sale that just cannot be found on a public listings sites. MCR Realty Professionals, Inc. often knows about properties that have not yet been entered into the MLS! Most of the time the real key to finding the perfect Panama home for you and your family is local knowledge and expertise, something we have plenty of!
If you are in the market to buy or sell in Montgomery County, please contact us today. We are excited to assist you whether you are buying OR selling. Our attention to detail and cutting edge knowledge and technology will make your buying or selling experience pleasurable. We look forward to earning your business and working with you soon.
Real Estate Market Stats
Home Size in Square Feet
|Zillow Home Value Index||$50,000||$248,900|
|Median Single Family Home Value||$50,000||$247,200|
|Percent Homes Decreasing||0||1,973,611|
|Median List Price Per Sq Ft||$45||$298|
|Median Sale Price||0||250,000|
|Turnover (Sold Within Last Yr.)||0||1,973,611|