A-
57%
Med. Home Val. NAT. AVG.
34%
Rent NAT. AVG.
2%
Owner Occ. NAT. AVG.
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Panama Housing Information

IndexPanamaNew YorkNational
Median home price$79,500$286,300$184,700
Median rent asked$628$1,159$949
Avg. people per household2.12.62.6
Owner occupied households62.1%53.6%63.6%
Renter occupied households37.9%46.4%36.4%
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Housing Quick Facts

  • The median home price in Panama is 57% lower than the national average.
  • The median rent asked in Panama is 34% lower than the national average.
  • The average number of people per household in Panama is 19% lower than the national average.
  • The number of owner occupied households in Panama is 2% lower than the national average.
  • The number of renter occupied households in Panama is 4% higher than the national average.

Compare Panama, NY Housing

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Busti, NY223$0100%
      Chautauqua, NY303$0100%
      Ripley, NY838$63,60066%
      Celoron, NY1,149$65,80064%
      Jamestown, NY29,290$66,40064%
      Panama, NY409$79,50057%

      Cities with similar population

       PopulationHome PriceNational Avg.
      West Wildwood, NJ409$325,50076%
      Sturgeon Lake, MN409$136,20026%
      Green Valley Farms, TX409$64,90065%
      Huxley, TX409$90,70051%
      Wells River, VT409$139,30025%
      Panama, NY409$79,50057%
      Source: The Panama, NY housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).