Housing in Panama, NY
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$120,000
Median List Price
N/A
Price Per Sq Ft
$127
Days on Market
112
Active Inventory
N/A
Zillow Home Value
$176,104
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Sale-to-List Ratio
92.4%
Buyer's market
Market Activity
Source: RedfinHomes Sold
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$127
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
$96,600
Median Rent
$742
Total Housing Units
228
Vacancy Rate
9.7%
Owner Occupied
63.6%
Renter Occupied
36.4%
Median Property Tax
$2,056
per year
Monthly Cost (w/ Mortgage)
$548
Housing Types
The current median sale price in Panama, NY is $120,000 according to Redfin data. Homes spend a median of 112 days on the market. 0.0% of homes sold above asking price. The median price per square foot is $127. The median rent is $742 per month (Census ACS). About 63.6% of housing units are owner-occupied. The median year homes were built is 1953. There are 228 total housing units.