Housing in Panama, NE
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — July 2025Median Sale Price
$275,000
Median List Price
N/A
Price Per Sq Ft
$214
Days on Market
5
Active Inventory
N/A
Zillow Home Value
$262,859
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Sale-to-List Ratio
96.5%
Buyer's market
Market Activity
Source: RedfinHomes Sold
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$214
Panama vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Panama is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$196,000
Median Rent
$1,250
Total Housing Units
108
Vacancy Rate
11.1%
Owner Occupied
88.5%
Renter Occupied
11.5%
Median Property Tax
$3,000
per year
Monthly Cost (w/ Mortgage)
$1,063
Housing Types
The current median sale price in Panama, NE is $275,000 according to Redfin data. Homes spend a median of 5 days on the market. 0.0% of homes sold above asking price. The median price per square foot is $214. The median rent is $1,250 per month (Census ACS). About 88.5% of housing units are owner-occupied. The median year homes were built is 1963. There are 108 total housing units.