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Panama Real Estate Market Facts

  • $84,200Median home price
    37% lower than Iowa
  • $288Median rent asked
    60% lower than Iowa
  • 83.3%Home owners
    17% higher than Iowa
  • 1.8People per home
    23% lower than Iowa

Panama Home Affordability

  • $84,200Median home price
    37% lower than Iowa
  • $65,000Median home income
    19% higher than Iowa
  • 1.3xHome price to income ratio
    47% lower than Iowa

Panama Affordability Calculator

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Panama Mortgage Calculator

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Your monthly payment will be:
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Panama Demographics

  • 201Population
  • 703People / sq mile
  • 47.1Median age
  • 0.7:1Male/Female ratio

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.
Jonesville, IN201$78,80057%
Columbus, ND201$76,90058%
Springfield, WI201$93,30049%
Richey, MT201$70,00062%
Beaver Valley, AZ201$208,80013%
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).