Panama Real Estate Market Conditions

  • Median sales price

    $99,000
    12.68% change since last quarter

  • # Active listings

    17
    30-day change

Panama Schools and Demographics

Education near Panama, OK

City County
High School Graduates 73.26 82.17
College Degree - 2 year 6.6 8.99
College Degree - 4 year 7.42 14.89
Graduate Degree 2.12 4.8
Expenditures per Student 7,384 8,271
Students per Teacher 16 14.2

Elementary Schools near Panama, OK

Grades Students P/T Ratio ZIP
Bokoshe Elementary School PK - 06 132 13.8 74930
Cameron Elementary School PK - 08 173 15.6 74932
Panama ES PK - 06 402 16 74951
Shady Point Public School PK - 08 127 12.7 74956
Spiro Elementary School PK - 05 583 20.7 74959

Middle Schools near Panama, OK

Grades Students P/T Ratio ZIP
Bokoshe Junior High School 07 - 09 48 12.9 74930
Panama Middle School 07 - 08 101 19.6 74951
Spiro Middle School 06 - 08 256 15.1 74959

High Schools near Panama, OK

Grades Students P/T Ratio ZIP
Bokoshe High School 10 - 12 41 10.3 74930
Cameron High School 09 - 12 105 12.3 74932
Panama High School 09 - 12 226 15.5 74951
Spiro High School 09 - 12 289 10.9 74959

Demographics near Panama, OK

City County
Neighborhood Type Rural
Population 1,240 49,860
Population Density 784 31
Median Age 41.1 39.6
People per Household 2.4 2.6
Median Household Income 24,886 39,253
Average Income per Capita 16,204 20,264

Panama Real Estate

The median home value in Panama, OK is $99,000. This is higher than the county median home value of $80,300. The national median home value is $219,700. The average price of homes sold in Panama, OK is $99,000. Approximately 52.87% of Panama homes are owned, compared to 27.29% rented, while 19.85% 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, Oklahoma has a population of 1,240. 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 31.78%.

The median household income in Panama, Oklahoma is $24,886. The median household income for the surrounding county is $39,253 compared to the national median of $57,652. The median age of people living in Panama is 41.1 years.

Panama Weather

The average high temperature in July is 93.6 degrees, with an average low temperature in January of 27.1 degrees. The average rainfall is approximately 49.1 inches per year, with 2.6 inches of snow per year.

Nearby Homes for Sale

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