Housing & Real Estate — Panama, Iowa

Overview

Total Housing Units136
Occupied124
Vacant12
Owner-Occupied95
Renter-Occupied29
Median Home Value (Census)$142,200
Estimated 2026~$159,000
Median Rent$939/mo
Median Property Tax$1,386/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income17.9%
Severely Rent-Burdened16.0%

Housing Age

Built 2010 or later7
Built 2000-20091
Built 1990-199922
Built before 196069
Median Year Built1971
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.