Panama NE Homes for Sale

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Panama Real Estate

The median home value in Panama, NE is $226,700. This is lower than the county median home value of $270,300. The national median home value is $338,100. The average price of homes sold in Panama, NE is $226,700. Approximately 78.9% of Panama homes are owned, compared to 15.6% rented, while 5.51% 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, Nebraska has a population of 254. 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 33.23%.

The median household income in Panama, Nebraska is $79,904. The median household income for the surrounding county is $65,086 compared to the national median of $69,021. The median age of people living in Panama is 50.1 years.

Panama Weather

The average high temperature in July is 87.6 degrees, with an average low temperature in January of 13.8 degrees. The average rainfall is approximately 33.2 inches per year, with 24.7 inches of snow per year.

Panama Real Estate Market Conditions

  • Median sales price

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  • # Active listings

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    30-day change

Panama Schools and Demographics

Education near Panama, NE

Metric City County
High School Graduates 98.27 93.33
College Degree - 2 year 20.23 11.51
College Degree - 4 year 17.34 40.12
Graduate Degree 6.94 10
Expenditures per Student 13,041 13,041
Students per Teacher 13.7 13.7

Elementary Schools near Panama, NE

School Grades Students P/T Ratio ZIP
Elementary At Bennet PK - 06 295 13 68317
Freeman Elementary-Adams PK - 06 264 14.6 68301
Norris Elementary School PK - 02 563 17.2 68358
Norris Intermediate School 03 - 05 474 18.4 68358

Middle Schools near Panama, NE

School Grades Students P/T Ratio ZIP
Norris Middle School 06 - 08 502 16.2 68358

High Schools near Panama, NE

School Grades Students P/T Ratio ZIP
Freeman High School 07 - 12 185 12.2 68301
Junior-Senior High School At Palmyra 07 - 12 184 10.3 68418
Norris High School 09 - 12 639 16.2 68358

Demographics near Panama, NE

Metric City County
Neighborhood Type Small town
Population 254 320,301
Population Density 894 382
Median Age 50.1 34
People per Household 2.5 2.4
Median Household Income 79,904 65,086
Average Income per Capita 42,672 35,158