Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Panora area can be challenging. Home prices in Panora are now at a median cost of $159,541, lower than the Iowa average of $182,666.
The average cost of rent is $794/mo in Panora, primarily driven by the current value of real estate in the Panora area. While nearly 41.06% of residents own their homes outright in Panora, 20.32% rent.
Housing affordability isn’t just about home prices, though. The average household income in Panora is $5,945 per month. Households that rent pay about 13.35% of their income on rent here. Panora's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Yale, IA: higher priced homes
- Monteith, IA: equally priced homes
- Guthrie Center, IA: less expensive homes
- Linden, IA: higher priced homes
- Dale, IA: higher priced homes
- Jamaica, IA: higher priced homes
- Bagley, IA: equally priced homes
- Herndon, IA: equally priced homes
- Redfield, IA: equally priced homes
- Dawson, IA: higher priced homes
Cities with Similar Populations
- Dale, IN: less expensive homes
- Grove Hill, AL: less expensive homes
- Athens, WI: equally priced homes
- Fairchild AFB, WA: higher priced homes
- El Dorado, CA: higher priced homes
- Eagle, NE: higher priced homes
- Dutton, AL: less expensive homes
- Deposit, NY: less expensive homes
- Damascus, VA: equally priced homes
- Comstock, NY: higher priced homes
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