The median home value in Panama, NY is $197,000. This is higher than the county median home value of $145,700. The national median home value is $338,100. The average price of homes sold in Panama, NY is $197,000. Approximately 60.59% of Panama homes are owned, compared to 28.57% rented, while 10.84% 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 439. Panama is more family-centric than the surrounding county with 25.22% of the households containing married families with children. The county average for households married with children is 24.43%.
The median household income in Panama, New York is $53,125. The median household income for the surrounding county is $50,408 compared to the national median of $69,021. The median age of people living in Panama is 42.5 years.
The average high temperature in July is 79.7 degrees, with an average low temperature in January of 14.7 degrees. The average rainfall is approximately 47.3 inches per year, with 162.6 inches of snow per year.