Panama Housing Market Report December 2024Le Flore County, Oklahoma

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Housing Prices in Panama, OK

How much do homes in Panama, OK cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$119,900$90/SqFt
-$40,000
-25.0%

Based on all homes listed in December 2024

Insight

The list price of homes in Panama has decreased by 25% since November.

Summary: The median home list price in Panama was $119,900 in December 2024, down 25% from the previous month, and the median price per square foot was $90.

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsNov 2024Dec 2024Change MoM
2--
N/A
4--
N/A
5--
N/A
1--
N/A
3$159.9K$119.9K
-25.0%

Summary: Panama housing price by bedroom type for December 2024, compared to the previous month. The home price for 2 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change. The home price for 1 bedroom homes did not change. The home price for 3 bedroom homes decreased by -25.0%.

Housing supply in Panama, OK

How many homes are available in Panama, OK?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
1Last MonthDec 2024
22 months agoNov 2024
-50.0 %
Change MoMNov – Dec

Summary: The Panama real estate market had 1 homes for sale in Dec 2024, a 50.0 % decrease compared to Nov 2024.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
200
0.0%
400
0.0%
500
0.0%
100
0.0%
321
-50.0%

Summary: Panama housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 2 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same. The inventory for 1 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -50.0%.

Days on Market for Panama, OK

How long does it take to sell a home in Panama, OK?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
40 DaysLast MonthDec 2024
36 Days1 month agoNov 2024
+9.6 %
Change MoMNov – Dec

Summary: Homes in Panama had an average listing age of 40 days in Dec 2024, up by 9.6% compared to the previous month.

Newest Listings in Panama, OK

What homes are available in Panama, OK?

Nearby markets

Nearby markets aren't available for Panama, OK

MLS Disclaimers and Copyright

Based on information from Western River Valley Board of REALTORS® MLS, and MLS Technology Inc. for the period 11/01/2024 - 01/01/2025

Copyright Western River Valley Board of REALTORS® MLS. All rights reserved. Listing information provided in part by the Western River Valley BOR MLS for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. Information is deemed reliable but not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/28/2025, 9:15:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Greater Tulsa Association of Realtors. Information deemed reliable but not guaranteed. Information is provided for consumers’ personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Greater Tulsa Association of REALTORS® MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/28/2025, 9:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.