Panama, IA Housing Statistics

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A+

49%

Med. Home Val. NAT. AVG.

100%

Rent NAT. AVG.

43%

Owner Occ. NAT. AVG.

Panama Housing Information

Index	Panama	Iowa	National
Median home price	$167,823	$240,019	$326,622
Median rent asked	$0	$1,071	$1,444
Avg. people per household	2.2	2.4	2.6
Owner occupied households	90.7%	71.1%	63.6%
Renter occupied households	9.3%	28.9%	36.4%

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Housing Quick Facts

The median home price in Panama is 49% lower than the national average.
The median rent asked in Panama is 100% lower than the national average.
The average number of people per household in Panama is 16% lower than the national average.
The number of owner occupied households in Panama is 43% higher than the national average.
The number of renter occupied households in Panama is 75% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Corley, IA	7	$0	100%
Buck Grove, IA	36	$90,373	72%
Kirkman, IA	57	$113,757	65%
Irwin, IA	336	$120,797	63%
Defiance, IA	224	$127,708	61%
Panama, IA	283	$167,823	49%

Cities with similar population

	Population	Home Price	National Avg.
Goodyear Village, AZ	283	$162,484	50%
Glenmont, OH	283	$137,865	58%
Bicknell, UT	283	$383,452	17%
Gagetown, MI	283	$104,539	68%
Kilbourne, LA	283	$277,223	15%
Panama, IA	283	$167,823	49%

Source: The Panama, IA housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.