Market Summary

Panama, Shelby County, IA

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Median Home Price Price

$239,912 $239.9K

Median Monthly Rent Rent

$1,151 $1.2K

GRM

17.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Shelby County

No similar markets found for this scope.

Home prices

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Monthly rent

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GRM

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Similar markets within IA outside of Shelby County

Region Price Rent GRM Display
$187,171 $1,378 11.0x
$291,633 $1,178 21.0x
$161,088 $1,093 12.0x
$255,163 $1,157 18.0x
$157,307 $1,462 9.0x
$244,170 $1,100 19.0x
$171,471 $1,028 14.0x
$360,369 $1,878 16.0x
$214,786 $907 20.0x
$135,248 $892 13.0x
$282,447 $998 24.0x
$193,877 $1,161 14.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of IA

Region Price Rent GRM Display
$344,466 $1,175 25.0x
$335,653 $1,243 23.0x
$238,603 $1,080 18.0x
$224,984 $888 21.0x
$219,263 $1,089 17.0x
$217,407 $953 19.0x
$229,704 $1,027 19.0x
$307,039 $1,520 17.0x
$324,923 $1,208 22.0x
$206,971 $1,116 15.0x
$255,637 $1,086 20.0x
$203,511 $1,159 15.0x
$281,471 $1,224 19.0x
$178,802 $979 15.0x
$227,383 $1,168 16.0x
$324,372 $1,270 21.0x
$182,319 $1,118 14.0x
$262,837 $961 23.0x
$181,451 $1,100 14.0x
$340,861 $1,272 22.0x
$225,761 $995 19.0x
$220,431 $1,142 16.0x
$213,535 $1,159 15.0x
$237,438 $1,589 12.0x
$223,881 $1,017 18.0x
$164,814 $991 14.0x
$277,710 $1,110 21.0x
$304,787 $1,536 16.0x
$297,588 $1,142 22.0x
$251,038 $1,125 19.0x
$229,620 $1,667 11.0x
$220,630 $991 18.0x
$174,081 $1,087 13.0x
$270,606 $1,314 17.0x
$398,283 $1,166 28.0x
$283,843 $1,543 15.0x

Home prices

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Monthly rent

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GRM

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Panama

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Trend Insights

Median Rent in Panama, IA is $1,151, with MoM change +$14 and YoY change +$103 pointing to positive momentum while volatility is low (std $27).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Panama, IA.

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Metric
Base market Panama, IA
Compare market Select a market
Delta vs base
Median rent
$1,151
N/A
Median price
$239,912
N/A
YoY change
+$103
N/A
Price-to-rent
17.4x
Data unavailable
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