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Single Family ResidentialResidential
$21,657
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 74How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026

408 NORTH AVE

PANAMA, IL 62077
0
Baths
0.26 ac
Lot SizeThe size of the land the home sits on, from county records.

Valuation

$22K
$16K low$27K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$115 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$7,590 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$340
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$7,250
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$7,100
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$22,770

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residential
CountyMONTGOMERY
Lot (acres)The size of the land the home sits on, from county records.0.26
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Beckemeyer Elementary SchoolB
Elementary · Grades KG–5 · 8.3 mi
H
Hillsboro High SchoolC-
High · Grades 9–12 · 8.5 mi
M
Hillsboro Jr High SchoolB+
Middle · Grades 6–8 · 8.5 mi

District: Hillsboro Community Unit School District 3

Neighborhood · ZIP 62077These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.109
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.90
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.124

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.91%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.12%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.11%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.8%
PopulationHow many people live in this area.2
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.16 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$64,291
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$74,158
Average tempThe average temperature here across a full year.54°F
Annual precipHow much rain and melted snow falls here in a typical year.40 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

408 North Ave measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Among the least valuable homes in Montgomery County
  • Has a smaller lot than 67% of homes in Montgomery County

What homes are worth in Panama 62077

Each bar is how many homes fall in that price range. The marker is this home.

This home
$20K$168K

This home is worth more than 6% of homes in Panama 62077.

How it measures up in Panama 62077

The dot is this home. The mark in the middle is the typical home in Panama 62077.

Estimated value$21,657
CheaperTypical $46,776Pricier

Pricier than 6% of homes nearby

Lot size0.26 ac
SmallerTypical 0.31 acBigger

Bigger than 40% of homes nearby

How 408 North Ave ranks against every home in each area.
MeasureThis homePanama 62077Montgomery County
Estimated valuepricier than$21,6576% of homesalmost no homes
Lot sizebigger than0.26 ac40% of homes33% of homes

About 408 North Ave

How much is 408 North Ave, Panama, IL worth?

The TopHap Estimate for 408 North Ave, Panama, IL is $21,657 as of Sep 24, 2026. The likely range is $15,958 to $27,356. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 408 North Ave, Panama, IL last sell?

408 North Ave, Panama, IL last sold on Jan 1, 1900, according to the county's recorded deed.

What schools serve 408 North Ave, Panama, IL?

408 North Ave, Panama, IL is assigned to Beckemeyer Elementary School (elementary), rated B; Hillsboro High School (high), rated C-; Hillsboro Jr High School (middle), rated B+. All sit in Hillsboro Community Unit School District 3. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 408 North Ave, Panama, IL compare to other homes in Panama 62077?

Among the 166 homes in Panama 62077, it is worth more than 6% of them ($21,657 against a typical $46,776) and its lot is bigger than 40% of them (0.26 ac against a typical 0.31 ac). Measured against all of Montgomery County, it is worth more than almost no homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 408 North Ave, Panama, IL?

The 2025 property tax bill for 408 North Ave, Panama, IL was $115. The county assessed it at $7,590.

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Assigned schools

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