Panama IA Homes for Sale

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Panama Real Estate

The median home value in Panama, IA is $50,000. This is lower than the county median home value of $119,400. The national median home value is $219,700. The average price of homes sold in Panama, IA is $50,000. Approximately 80.44% of Panama homes are owned, compared to 13.04% rented, while 6.52% are vacant. Panama real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Panama real estate agent to arrange a tour today!

Panama, Iowa has a population of 204. Panama is more family-centric than the surrounding county with 41.67% of the households containing married families with children. The county average for households married with children is 29.49%.

The median household income in Panama, Iowa is $65,000. The median household income for the surrounding county is $55,638 compared to the national median of $57,652. The median age of people living in Panama is 37.3 years.

Panama Weather

The average high temperature in July is 83.8 degrees, with an average low temperature in January of 10.2 degrees. The average rainfall is approximately 33.4 inches per year, with 30.3 inches of snow per year.

Panama Real Estate Market Conditions

  • Median sales price

    $50,000
    4.21% change since last quarter

  • # Active listings

    0
    30-day change

Panama Schools and Demographics

Education near Panama, IA

Metric City County
High School Graduates 92.09 91.1
College Degree - 2 year 19.42 12.49
College Degree - 4 year 15.83 21.22
Graduate Degree 2.16 4.38
Expenditures per Student 10,307 10,893
Students per Teacher 13.5 13.7

Elementary Schools near Panama, IA

School Grades Students P/T Ratio ZIP
Boyer Valley Elementary School PK - 05 230 13.1 51528
Harlan Comm Intermediate School 03 - 05 311 13.5 51537
Harlan Comm. Primary PK - 02 364 16.6 51537
Woodbine Elementary School PK - 06 339 17.3 51579

Middle Schools near Panama, IA

School Grades Students P/T Ratio ZIP
Harlan Community Middle School 06 - 08 359 13.3 51537

High Schools near Panama, IA

School Grades Students P/T Ratio ZIP
Boyer Valley Middle/High School 06 - 12 253 12.4 51529
Harlan Community High School 09 - 12 515 14.3 51537
Woodbine High School 07 - 12 164 8.8 51579

Demographics near Panama, IA

Metric City County
Neighborhood Type Rural
Population 204 11,772
Population Density 713 20
Median Age 37.3 46.9
People per Household 2.4 2.3
Median Household Income 65,000 55,638
Average Income per Capita 33,428 30,799

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