Carter's Lake Road - 160 acres m/l with A-frame home featuring a wrap around porch and beautiful views. This property is located in the country just off of Hwy 31 about 2.5 miles on Carters Lake Road. About 60% open and has pastures with hay meadows. Currently a cattle operation but could be used for partial development. Property is contiguous and has a wooded area down the ridge where the home is located. Plenty of wildlife, woods, open pastures and much more.
This property is located right on the highway in Panama OK and could be renovated into a wonderful family home or converted into a commercial building for your business. It would make the perfect location for an owner occupied business! Check it out today!
The median home value in Panama, OK is $195,000. This is higher than the county median home value of $126,200. The national median home value is $338,100. The average price of homes sold in Panama, OK is $195,000. Approximately 48.04% of Panama homes are owned, compared to 32.48% rented, while 19.49% 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, Oklahoma has a population of 1,327. Panama is less family-centric than the surrounding county with 19.79% of the households containing married families with children. The county average for households married with children is 28.19%.
The median household income in Panama, Oklahoma is $41,908. The median household income for the surrounding county is $43,049 compared to the national median of $69,021. The median age of people living in Panama is 33.1 years.
The average high temperature in July is 93 degrees, with an average low temperature in January of 27.3 degrees. The average rainfall is approximately 47.9 inches per year, with 2.7 inches of snow per year.