Panama, OK Real Estate
According to census data in the year 2000 there were 624 housing units in Panama.
This represents a 8.4% decline from 681 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 624 were located in what is classified as a rural area.
Homeownership rate in Panama is about 63.9%.
Panama's vacancy rate, including seasonal lodging, is about 15.5%.
Average household size is 2.53 people.
The majority of houses, apartments or condos in Panama were built after 1972.
|Housing Units by Size|
|Five Bedrooms or more||0.50%|
Owned Homes, Apartments and Condos
|Average Household Size||2.46|
|Median year structure was built||1973|
|Median Value of occupied units||$38,200|
|Median Price asked for vacant units||$26,700|
Rented Homes, Apartments and Condos
|Average Household Size||2.65|
|Median year structure was built||1971|
|Median Monthly Rent asked for vacant units||$275|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||1.50%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16.8%|