Is Panama, NE 68419 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Panama is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Panama housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Lancaster County, NE

Population	242
Median income	$98,750
Average income	$114,039
Median home value	$206,900
Median rent	$1,313/month
Owner-occupied	89% of homes
Median year built	1961

Natural hazard riskTornadoes (very high), winter storms (very high), hail (very high)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 68419; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 68419

Prefilled for 68419Can I win this house?Multiple-offer likelihood for a listing Prefilled for 68419Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bennet 68317Seller’s market $166 /sq ft Davey 68336 $158 /sq ft Denton 68339Buyer’s market $272 /sq ft Firth 68358Balanced $221 /sq ft Browse all markets →

Where Panama is

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Questions about Panama real estate

What are property taxes in Panama?

About 1.53% of a home’s value a year in Lancaster County, or roughly $6,120 on a $400,000 home.

Local agents

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology