"Secluded serenity awaits on this picturesque 3.2-acre hillside retreat, boasting panoramic views of Panama Village. This meticulously cared for 3-bedroom residence offers modern upgrades throughout, including a renovated bath and kitchen featuring stainless steel appliances and granite countertops. An attached one-car garage provides convenience, while a spacious outbuilding with a new roof (March 2023) offers ample storage or workshop potential. Stay cozy year-round with forced hot air heating, supplemented by on-demand hot water and a wood/coal stove in the inviting living room. Proudly maintained by the current owner for over 28 years, this charming ranch-style abode beckons a new chapter of memories. Discover your haven today!"
The median home value in Panama, NY is $182,000. 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 $182,000. 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.
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.