Panama Housing Information - Census

IndexPanamaIowaNational
Median home price$84,200$132,800$184,700
Median rent asked$288$715$949
Avg. people per household1.82.42.6
Owner occupied households83.3%71.1%63.6%
Renter occupied households16.7%28.9%36.4%

Panama Housing Information - Zillow

IndexPanamaIowaNational
Zillow home value indexn/a$125,600$196,500
Year over year appreciation raten/a1.29%6.79%
5 year average appreciation raten/a2.45%5.28%
10 year average appreciation raten/an/a0.01%

Did you know?

  • The median home price in Panama is 54% lower than the national average.
  • The median rent asked in Panama is 70% lower than the national average.
  • The average number of people per household in Panama is 30% lower than the national average.
  • The number of owner occupied households in Panama is 31% higher than the national average.
  • The number of renter occupied households in Panama is 54% lower than the national average.

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Compare Panama, IA Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Corley, IA29$0100%
Buck Grove, IA19$45,00076%
Dow City, IA463$54,60070%
Kirkman, IA65$55,00070%
Irwin, IA328$61,00067%
Panama, IA201$84,20054%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Denton, MT201$66,00064%
Springfield, WI201$93,30049%
Owaneco, IL201$60,00068%
Columbus, ND201$76,90058%
Westboro, MO201$40,00078%
Panama, IA201$84,20054%
Source: The Panama, IA housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.