Housing · Panama
Panama, NY housing market
The typical Panama home is worth about $194,000, up 4.5% in a year, 63% below the New York typical home.
Home values, sales, trends and how Panama compares with the towns next door — updated as new data is published.
The market right now
Panama at a glance
Typical home value
$194K
▲ 4.5% in a year · Zillow
Ten-year trend
Typical home value, 2016–2026
PanamaNew York
Show as a table
| January | Panama | New York |
|---|---|---|
| 2017 | $90,000 | $298,000 |
| 2018 | $94,000 | $317,000 |
| 2019 | $97,000 | $337,000 |
| 2020 | $109,000 | $353,000 |
| 2021 | $127,000 | $379,000 |
| 2022 | $145,000 | $417,000 |
| 2023 | $160,000 | $437,000 |
| 2024 | $173,000 | $458,000 |
| 2025 | $185,000 | $489,000 |
| 2026 | $189,000 | $510,000 |
| August 2026 | $194,000 | $527,000 |
The homes
Owners, rent & taxes
Homeownership
55.3%
Median tax bill
$2,500
Median rent
$785
Typical home built
1965
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.