Panama, NY Housing Statistics

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A-

57%

Med. Home Val. NAT. AVG.

33%

Rent NAT. AVG.

2%

Owner Occ. NAT. AVG.

Panama Housing Information

Index	Panama	New York	National
Median home price	$139,931	$503,498	$326,622
Median rent asked	$961	$1,761	$1,444
Avg. people per household	2.1	2.6	2.6
Owner occupied households	62.1%	53.6%	63.6%
Renter occupied households	37.9%	46.4%	36.4%

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Homes For Sale In Panama, NY

307 Panama Bear Lake Rd

Panama, NY

13 South St

Panama, NY

Housing Quick Facts

The median home price in Panama is 57% lower than the national average.
The median rent asked in Panama is 33% 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.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Busti, NY	229	$0	100%
Chautauqua, NY	311	$0	100%
Ripley, NY	863	$112,643	66%
Celoron, NY	1,173	$121,405	63%
Jamestown, NY	30,127	$122,340	63%
Panama, NY	423	$139,931	57%

Cities with similar population

	Population	Home Price	National Avg.
Lenzburg, IL	423	$121,039	63%
Presho, SD	423	$124,424	62%
Bellwood, NE	423	$191,383	41%
Kennedy, AL	423	$141,146	57%
Prairie City, IL	423	$125,913	61%
Panama, NY	423	$139,931	57%

Source: The Panama, NY 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.