What is the average home price in Panama, NY 14767?

As of May '26, the median home price in Panama, NY 14767 is $191,000, based on Zillow home estimates.

How have home prices in Panama, NY 14767 changed over the past year?

As of May '26, home prices have increased 3.9% over the past year, according to Zillow home estimates data.

What is the home price projection for Panama, NY 14767?

As of May '26, Zillow projects home prices in Panama, NY 14767 to increase 3.0% in the next year.

What are the demographics of Panama, NY 14767?

According to the latest Census, the demographics of Panama, NY 14767 are 97.3% White, 0.0% Black, 0.3% Asian, 1.3% Hispanic. The population is 2,160, with 26.7% under 18 years old.

How long does it take homes to sell in Panama, NY 14767?

According to Realtor.com, as of May '26, the median home in Panama, NY 14767 is on the market for 13 days. This is a decrease of 93.0% from last year.

What is the average rent price in Panama, NY 14767?

The average rent price in Panama, NY 14767, as of the latest data, is N/A. The average rent for 1 bedroom homes is N/A. For 2, 3, and 4 bedroom homes, the average rent is N/A, N/A, and N/A respectively.

Panama, NY 14767 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

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Panama, NY—14767

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$191,000

3.9% YoY Growth

Household Income

$62,900

26.4% YoY Growth

Days on Market

93.0% Shorter YoY

Home Price Forecast

3.0%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Panama, NY

As of May '26, the median home price in Panama, NY is $191,000, with a year-over-year change of 3.9%. This indicates that home prices in Panama, NY are increasing. According to Zillow, the 1-year price projection is 3.0%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$191,000	3.9%
Single Family	$191,000	4.4%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Panama, NY

Panama, NY lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	N/A	N/A
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

19.8%

2 Bedrooms

46.6%

3 Bedrooms

30.2%

4 Bedrooms

3.4%

Property Listings — Panama, NY

As of May '26, Realtor.com reports that the median days on market for a home in Panama, NY is 13. This is a decrease of -93.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$112,000	-1.0%
Listing Count	3	25.0%
Listings as % of Homes	0.2%	25.0%
Days on Market	13	-93.0%

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Demographics — Panama, NY

As of the latest ACS Survey released in 2023, Panama, NY has a population of 2,160, which has remained stable by 0.5% over the past 5 years. Panama, NY is a popular place for families, as children make up 26.7% of the population. The area has a poorly educated workforce, with 13.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.0% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,160	0.5%
% Under 18	26.7%	-22.6%
% Seniors	14.1%	-10.2%
% WFH	8.0%	-4.8%
% w/ College Degree	13.1%	14.9%

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As of the latest ACS Survey released in 2023, Panama, NY is a predominantly white area, with 97.3% of the population identifying as white. The white population has shrunk by 0.4% in the last 5 years. The second most common race or ethnicity in Panama, NY is hispanic, making up 1.3% of the population. Foreign-born residents account for 0.5% of the population in Panama, NY, and this percentage has decreased by 28.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	97.3%	-0.4%
% Black	0.0%	N/A
% Hispanic	1.3%	-43.5%
% Asian	0.3%	∞%
% Foreign Born	0.5%	-28.6%

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Mortgage and Risk — Panama, NY

According to HUD data as of 2023, there were 21 mortgage originations in Panama, NY, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Panama, NY. Investor activity is low, as 0.0% of loans were by investors. 24.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	21
% Conventional Loans	90.0%
% Government Loans	10.0%
% Investor Loans	0.0%
% Second Loans	5.0%
% Cash Out Refinance	24.0%

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Rentals and Section 8 — Panama, NY

Panama, NY lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	2
Total Units Section 8	2
% Rentals under Section 8	N/A
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$720
2 Bedroom	N/A	N/A	$930
3 Bedroom	N/A	N/A	$1,210
4 Bedroom	N/A	N/A	$1,240

Panama, NY—14767

Key Metrics at a Glance

Home Price Trends — Panama, NY

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Panama, NY

% of Rental Stock

Property Listings — Panama, NY

Demographics — Panama, NY

Race and Ethnicity

Mortgage and Risk — Panama, NY

Mortgages

Rentals and Section 8 — Panama, NY

Section 8 Market Size

Section 8 Opportunity

Affordability — Panama, NY

Home Price to Income Ratio

Panama, NY — ZIP Code Boundary Map

Nearby ZIP Codes

Bear Lake, PA

Ashville, NY

Columbus, PA

Sherman, NY

Clymer, NY

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.5
Median Home Price	$191,000
Median Household Income	$62,900