Panama NY Homes for Sale

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Panama Real Estate

The median home value in Panama, NY is $84,300. This is higher than the county median home value of $80,700. The national median home value is $219,700. The average price of homes sold in Panama, NY is $84,300. Approximately 58.02% of Panama homes are owned, compared to 29.72% rented, while 12.26% 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, New York has a population of 449. Panama is less family-centric than the surrounding county with 25% of the households containing married families with children. The county average for households married with children is 25.23%.

The median household income in Panama, New York is $40,000. The median household income for the surrounding county is $44,304 compared to the national median of $57,652. The median age of people living in Panama is 37.5 years.

Panama Weather

The average high temperature in July is 80.7 degrees, with an average low temperature in January of 17.9 degrees. The average rainfall is approximately 45.8 inches per year, with 129.2 inches of snow per year.

Panama Real Estate Market Conditions

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Panama Schools and Demographics

Education near Panama, NY

Metric City County
High School Graduates 92.03 88.51
College Degree - 2 year 19.27 13.24
College Degree - 4 year 12.96 21.22
Graduate Degree 5.65 7.68
Expenditures per Student 20,338 18,629
Students per Teacher 10.1 12.6

Elementary Schools near Panama, NY

School Grades Students P/T Ratio ZIP
Bemus Point Elementary School PK - 05 325 12 14712
Chautauqua Lake Elementary School PK - 06 406 11.3 14757
Panama K-6 School PK - 06 259 11.3 14767
Sherman Elementary School PK - 06 223 13.9 14781

High Schools near Panama, NY

School Grades Students P/T Ratio ZIP
Chautauqua Lake Secondary School 07 - 12 461 10.8 14757
Maple Grove Junior/Senior High School 06 - 12 416 12.6 14712
Panama High School 07 - 12 268 14.1 14767
Sherman High School 07 - 12 200 13.3 14781

Demographics near Panama, NY

Metric City County
Neighborhood Type Suburban
Population 449 130,846
Population Density 204 123
Median Age 37.5 42.3
People per Household 2.4 2.4
Median Household Income 40,000 44,304
Average Income per Capita 20,703 23,962

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