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Panora, IA

Full City Profile · Iowa · Guthrie County County

3.0 /5.0
B Good
1,520 Population 840/sq mi density
$65,500 Median Income $36,327 per capita
$164,500 Home Value $479,737 Zillow
$965 Median Rent 44.4% income on rent
48°F Avg Temperature 275 sunny days/yr
536 Violent Crime/100K 1,962 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$65,500 median income, 5.5% unemployment
A+
Affordability
5.0 / 5.0
$164,500 home value, $965/mo rent
F
Safety
1.0 / 5.0
536 violent crimes/100K (41% above avg)
C+
Education
2.6 / 5.0
20.1% bachelor's degree or higher

Housing Overview

Median Home Value
$164,500
42% below
US avg: $281,900
Median Rent
$965/mo
17% below
US avg: $1,163/mo
Homeownership Rate
73.5%
12% above US avg (65.4%)
Total Housing Units
646
Median year built: 1966

Home Value by Source

Census Median
$164,500
Zillow (ZHVI)
$479,737
Median Sale Price
$225,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

73.5%
Owner-Occupied
26.5%
Renter-Occupied
74%
27%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$738/mo
1 Bedroom
$788/mo
2 Bedroom
$989/mo
3 Bedroom
$1,282/mo
4 Bedroom
$1,420/mo
Census median rent: $965/mo

Market Indicators (Redfin)

Median Days on Market
340 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
16.7%
of listings with price reduction
Price Per Sq Ft
$193
Active Inventory
6
homes for sale

Affordability & Housing Stock

Rent Burden
44.4%
of renters spending 30%+ of income on housing
43% above US avg (31.0%)
Median Year Built
1966
Average age of housing stock: 60 years
Homeownership Rate
73.5%

Complete Housing Data

Home Values

Census Median Value$164,500
Zillow Home Value (ZHVI)$479,737
Median Sale Price$225,000
Price Per Sq Ft$193

Rent

Census Median Rent$965
FMR Studio$738
FMR 1-Bedroom$788
FMR 2-Bedroom$989
FMR 3-Bedroom$1,282
FMR 4-Bedroom$1,420

Market

Days on Market340
Sale-to-List Ratio1.0%
Price Drops16.7%
Homes Sold2
Active Inventory6
Price Per Sq Ft$193

Ownership & Stock

Owner-Occupied73.5%
Renter-Occupied26.5%
Homeownership Rate73.5%
Total Housing Units646
Median Year Built1966
Rent Burden44.4%