Panama, NY Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Panama, NY is $120,000. Homes sell in an average of 112 days. The market is currently a buyer's market.
$120,000median sale price
Homes sold
1
Last 12 weeks
Days on market
112
Average pace
Active listings
—
Sale-to-list
92.4%
Below asking
Panama, NY market data
| Metric | Value |
|---|---|
| Median sale price | $120,000 |
| Average days on market | 112 days |
| Sale-to-list price ratio | 92.4% |
| Market condition | Buyer's market |
Source: Redfin · Updated weekly
The Panama housing market is currently classified as a buyer's market with a median sale price of $120,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 112 days on market.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Panama
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Frequently asked questions
What is the average home price in Panama?
The median home sale price in Panama is $120,000, down 0.0% from last year.
How long do homes stay on market in Panama?
Homes typically spend 112 days on market before going under contract.
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