Panama, NY Homes For Sale & Real Estate

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Panama, NY Real Estate Insights

Panama is a village in Chautauqua County, New York. Panama is in the northwest part of the town of Harmony, at the junction of State Route 474 and County Route 33.

Panama boasts an abundance of mature trees, so the walking trails are pleasant even on hot summer days and you'll be surprised how low your air-conditioning bills are.

With an average listing price of $171,162, home prices in Panama dropped by 4.3 percent this year, but the marginal decline did little to the overall market. During the same period, inventory is noticeably increasing in this village year-over-year, with a 33.3 percent increase in for-sale listings last year alone.