A+
50%
Med. Home Val. NAT. AVG.
100%
Rent NAT. AVG.
43%
Owner Occ. NAT. AVG.
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Panama Housing Information

IndexPanamaIowaNational
Median home price$91,700$132,800$184,700
Median rent asked$0$715$949
Avg. people per household2.22.42.6
Owner occupied households90.7%71.1%63.6%
Renter occupied households9.3%28.9%36.4%
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Housing Quick Facts

  • The median home price in Panama is 50% 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

       PopulationHome PriceNational Avg.
      Corley, IA7$0100%
      Buck Grove, IA35$50,00073%
      Kirkman, IA54$65,00065%
      Irwin, IA327$68,20063%
      Defiance, IA216$69,70062%
      Panama, IA272$91,70050%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Donovan, IL272$65,80064%
      Medicine Bow, WY272$109,80041%
      Hager City, WI272$169,8008%
      La Jara, NM272$0100%
      Finesville, NJ272$309,80068%
      Panama, IA272$91,70050%
      Source: The Panama, IA housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).