Housing Prices in Panama, NY

How much do homes in Panama, NY cost?

Median List Price

$179,900

$101/sqft

Based on all homes listed in the last 12 months.

The Median List Price hasn't changed since October 2023.

Key Takeaway

The list price of homes in Panama has remained the same since last year.

Summary: The median home list price in Panama was $179,900 in October 2024, the same as the previous year, and the median price per square foot was $101.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $49.9K$49.9K
0.0%
2 $159.9K-
N/A
3 $191K$214.4K
+12.3%
4 $179.9K$179.4K
-0.3%
5+ --
N/A

Summary: Panama housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 12.3%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

North Harmony
+31.0%
Ashville
+4.4%
Panama
0.0%
Harmony
0%

Housing Supply in Panama, NY

How many homes are available in Panama, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
31-66.7%

Summary: The Panama real estate market had 1 homes for sale in October 2024, a 66.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 20
-100.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Panama housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Panama, NY

How long does it take to sell a home in Panama, NY?

Average Listing Age

Oct 2023Oct 2024CHANGE
167 Days88 Days-47.4%

Summary: Homes in Panama had an average listing age of 88 days in Oct 2024, down by 47.4% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in Panama, NY

Nearby Markets to Panama, NY