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Foreclosure Homes in Panama, NE 68419

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Panama, NE Foreclosures

How much do homes sell for in Panama, NE?
The average home price is currently $268,218.
In Panama, NE, how many homes are available?
There are currently 2 active home listings available in Panama.
What’s the average rental cost in Panama, NE?
The average rental price in Panama is $1,271.
What is the most expensive home in Panama?
The most expensive home sold in Panama had a price of $602,141.
What is currently the cheapest priced home in Panama, NE?
The cheapest home for sale in Panama is priced at $54,464.

Living in Panama, NE

Panama, NE is a small, charming village located in Lancaster County offering a peaceful rural lifestyle just a short drive from Lincoln. Known for its tight-knit community and family-friendly atmosphere, Panama boasts access to outdoor activities and nearby amenities. The village is served by quality schools, making it an attractive option for families looking for a serene yet connected way of life.

Current Market Conditions in Panama, NE

The real estate market in Panama has seen moderate activity with an increase in demand for rural homes as buyers seek to escape the hustle and bustle of city life. The charming nature of the village and its proximity to Lincoln are key factors attracting potential homeowners who prioritize peaceful living with convenient access to urban amenities.

Inventory levels remain relatively stable, with homes selling at a fair pace. As a result, the average prices are gradually increasing, reflecting the ongoing interest in the area.

Home Value Estimator For Panama, NE

There are currently 117 real estate properties in Panama, NE, with a median automated valuation model (AVM) price of $259,747.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Panama, NE, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Panama, NE, is $268,218.00, with the most expensive house in Panama, NE, topping out at $602,141.00 and the cheapest home in Panama, NE, clocking in at $54,464.00. In other words, there’s something for every potential homebuyer or savvy investor in Panama, NE!

Rent Prices In Panama, NE

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Panama, NE, is on a rollercoaster ride. The average rent price in Panama, NE, is $1,271.00. Indeed, when looking to rent in Panama, NE, you can expect to pay as little as $560.00 or as much as $2,080.00, with the average rent median estimated to be $1,280.00. The good news is that finding an affordable and desirable property to rent in Panama, NE -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Panama, NE 68419 Foreclosures


Market Trend for Panama, NE

Total Listings Available: 2

Market Values:

Home Prices from $54,464 to $602,141

Average Sales Price: $268,218

Rental Values:

Rental from $560 to $2,080

Average Rent Value: $1,271 / month

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