City

PANAMA, IA

The median home in Panama, Iowa is valued at $248,655, up 5.2% year over year.

Home Value$248,655
+5.2%
AFFORDABILITY

Enter your income for Panama.

$49,731 on $248,655
Affordable — 27.7% of income

Under the 28% guideline.

PITI$1,733
P/I27.7%
Afford$251K
Room+$2K
P&I $1,257Tax $325Ins $150
6.50% 30yr, 20% down, county tax + IA ins. 28% per HUD.
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Other cities in Iowa

Compare Panama with other housing markets across Iowa.