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Housing in Pawnee

29 homes sold in Pawnee in the last year, at a typical $189K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Pawnee homes are listed.

Homes sold
29
June 2025 to May 2026
Typical sale price
$189K
median, weighted by sales
Price per square foot
$114
Illinois $193
Paid vs. asking
97.5%
10% sold over asking
For sale now
1
May 2026 · 3 sold that month
What sold · last 12 months

Houses are 97% of Pawnee’s sales, at a typical $192K

29 homes sold in the year to May 2026.

Houses$192K

typical sale · 28 sold in 12 months

Per square foot
$115IL $180
Days to sell
20
Sold over asking
11%
Listings with a price cut
60%
Fewer sales

Townhouses: 1 sold, typical $120K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than a decade ago, at 1.6 times the 2016 price

29 sales in the last year, against 56 in 2015 and a low of 27 in 2025. The typical sale went from $116K in 2016 to $189K.

Homes soldTypical sale price
0255075100$75K$150K$225K$300K2012: 45 sold, typical $115K’122013: 46 sold, typical $110K2014: 51 sold, typical $108K’142015: 56 sold, typical $120K2016: 37 sold, typical $116K’162017: 44 sold, typical $113K2018: 38 sold, typical $111K’182019: 47 sold, typical $116K2020: 38 sold, typical $134K’202021: 50 sold, typical $117K2022: 56 sold, typical $120K’222023: 35 sold, typical $159K2024: 28 sold, typical $142K’242025: 27 sold, typical $190KLast 12 months: 29 sold, typical $189KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $200K buys in Pawnee

Houseat $115 a sq ft
The same money in Illinoisat $180 a sq ft

Is this asking price fair?

Check a listing against what Pawnee homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Pawnee are more common than before the pandemic, but 85% fewer homes come up for sale

We read every month of Pawnee’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 29 sales.

If you’re buying in Pawnee

  • Shop in April. It brings about 5 new listings a month, close to the busiest month, with fewer bidding wars (6% over asking).
  • Offer under asking. Buyers paid 97.5% of the list price on average; 10% paid over.
  • Move fast on good ones. 57% of homes are under contract within two weeks.
Best time to buy

Spring brings the homes; summer brings the bidding wars

April has the most new listings (about 5 a month), but July is the most competitive: 21% of July sales close over asking. April has the least competition (6%).

New listings a monthShare sold over asking
02.557.51013%27%40%Sweet spotJan: 3 new listings a month, 7% sold over asking, 68 days to sellJFeb: 3 new listings a month, 14% sold over asking, 59 days to sellFMar: 3 new listings a month, 13% sold over asking, 210 days to sellMApr: 5 new listings a month, 6% sold over asking, 88 days to sellAMay: 4 new listings a month, 13% sold over asking, 87 days to sellMJun: 4 new listings a month, 19% sold over asking, 268 days to sellJJul: 3 new listings a month, 21% sold over asking, 72 days to sellJAug: 3 new listings a month, 13% sold over asking, 119 days to sellASep: 3 new listings a month, 15% sold over asking, 110 days to sellSOct: 4 new listings a month, 13% sold over asking, 54 days to sellONov: 3 new listings a month, 7% sold over asking, 66 days to sellNDec: 2 new listings a month, 10% sold over asking, 99 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Illinois

Pawnee now2017–192021 peakIL now
Sold over askingShare of sales that closed above the list price10%5%42%37%
Gone within two weeksShare of homes under contract within 14 days57%5%6%46%
Listings with a price cutShare of homes for sale that cut their price60%——19%
Price paid vs. askingAverage sale price ÷ list price97.5%96.8%97.6%99.2%
Days to sellMedian days from listing to contract841855449
Supply

2 homes for sale on a typical day

That’s 85% fewer than in 2017–19 and well under 2013’s 19.

2012: 17 for sale’122013: 19 for sale2014: 19 for sale2015: 18 for sale’152016: 11 for sale2017: 12 for sale2018: 14 for sale’182019: 16 for sale2020: 11 for sale2021: 9 for sale’212022: 5 for sale2023: 3 for sale2024: 3 for sale’242025: 2 for saleLast 12 months: 2 for saleNow
Room to negotiate

1 in 2 listings has cut its price

60% in the last year, against — in 2017–19 and 19% across Illinois.

2022: 49%’222023: 39%2024: 44%2025: 53%’25Last 12 months: 60%Now

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Pawnee home costs about $1,291 a month

Mortgage
Property tax
Insurance
Rent

Price: Pawnee’s typical sale, last 12 months. Property tax at Pawnee’s 1.9% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Pawnee is affordable on local pay is on Cost of living.

Before you buy in Pawnee

Six things worth knowing

5

New listings in April

The month with the most choice. December has the fewest, about 2.

Best time to buy
1.9%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $189K home, about $3,670 a year.

Taxes vs. neighbors
C+

Schools

The schools grade for Pawnee, from test results, graduation and how much students grow.

Schools in Pawnee
27 min

Typical commute

The average one-way trip to work for people who live in Pawnee.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Virden and Jerome sell for less a square foot

The busier markets within 25 miles of Pawnee, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Chatham209$311K$13934%16
Auburn50$157K$11426%17
Jerome43$168K$11040%25
Rochester38$309K$12739%35
Virden36$132K$8925%37
Southern View31$130K$11239%10
Pawnee29$189K$11410%84

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Pawnee, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Pawnee. People who follow the town see it, and so do people comparing Pawnee with their own town. No commission, no listing fee.

Questions about buying a home in Pawnee

What do homes sell for in Pawnee, IL?

29 homes sold in the year to May 2026 at a typical $189K, $114 a square foot.

Is Pawnee a buyer’s or seller’s market?

A seller’s market: 1 homes were for sale in May 2026 and 3 sold, about 0.3 months of supply. Buyers paid 97.5% of asking on average, and 60% of listings cut their price.

When is the best time to buy in Pawnee?

April brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Pawnee?

About 1.9% of a home’s value a year. On a $189K home that’s near $3,670.

Where can I see homes for sale in Pawnee?

Zillow, Redfin, Realtor.com and Homes.com all carry Pawnee’s MLS listings; the search links above open each one filtered to Pawnee.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).