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PANAMA, NY 14767

Real Estate Market Report  ·  Chautauqua County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
3
⇧ 200% vs 1 last year
Pending
2
67% pending ratio
Median Price
$134,900
⇩ 52.7% vs $284,900 last year
Average Price
$134,900
⇩ 52.7% vs $284,900 last year
Days on Market
60
⇧ 62.2% vs 37 days last year

Market Context

Population: 2,265  ·  Density: 15.8/mi²  ·  Median household income: $62,609

Typical home value: $128,247  ·  Homeownership: 85.0%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The PANAMA, NY real estate market (14767) currently shows 3 active listings, with 2 pending sales. Homes are averaging 60 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 60 days on market compared to 37 days last year.

The median listing price has fallen 52.7% year-over-year, from $284,900 to $134,900.

Whether you are buying or selling in PANAMA, NY, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 1 last year
  • Days on market: 60 now vs 37 last year

Median & Average Pricing

Year over Year
  • Median: $134,900 (-52.7% YoY)
  • Average: $134,900 (-52.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 19.5 miles — 87 listings ($32,637,892 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
14767Panama, NY 147670.0 mi3$404,700$134,900$134,900
14724Clymer, NY 147247.9 mi21$10,302,033$279,999$490,573
14785Stow, NY 147859.1 mi1$649,000$649,000$649,000
14722Chautauqua, NY 1472211.1 mi5$5,250,000$320,000$1,050,000
14712Bemus Point, NY 1471211.6 mi12$6,346,668$422,000$528,889
14720Celoron, NY 1472012.7 mi3$470,850$156,950$156,950
14736Findley Lake, NY 1473613.2 mi6$2,835,000$477,500$472,500
14775Ripley, NY 1477515.4 mi4$869,800$217,450$217,450
16416Garland, PA 1641615.9 mi1$67,000$67,000$67,000
16371Youngsville, PA 1637116.4 mi9$1,313,991$76,500$145,999
14787Westfield, NY 1478718.2 mi9$2,098,350$179,950$233,150
14733Falconer, NY 1473318.7 mi7$1,102,150$157,450$157,450
16434Spartansburg, PA 1643419.5 mi6$928,350$167,450$154,725

Frequently Asked Questions

How many homes are for sale in PANAMA, NY 14767?

As of January 2026, there are 3 active listings in PANAMA, NY (zip code 14767), compared to 1 the prior year.

What is the median home price in PANAMA, NY 14767?

The median listing price in PANAMA, NY 14767 is $134,900 as of January 2026, a 52.7% decrease from $284,900 the prior year.

How long do homes stay on the market in PANAMA, NY?

Homes in PANAMA, NY 14767 spend an average of 60 days on the market before going under contract, compared to 37 days the prior year.

Is it a seller's or buyer's market in PANAMA, NY 14767?

Based on current inventory and days-on-market data as of January 2026, PANAMA, NY 14767 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 60 days on market compared to 37 days last year.

How much can I save on real estate commission in PANAMA, NY?

With SELL123.com's maximum 3% commission, sellers in PANAMA, NY 14767 save an estimated $2,698 compared to a typical 5% commission on the median listing price of $134,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.