Panama, IA Real Estate and Homes for Sale

Panama, Iowa is located in Shelby County. Panama is a rural community with a population of 220. The median household income is $60,832. In Panama, 58% of residents are married, and families with children reside in 19% of the households. Half the population of Panama commutes 15 minutes or less to work, with 46% of residents holding white collar jobs and 54% residents holding blue collar jobs. The median age of homes in Panama, IA is 49 years, with 78% of those homes owned, 15% rented, and 7% not occupied. In the previous year, 3 Panama properties were sold. The median sale price of a home in Panama in the previous year was $38,500.

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