Panamá
Aggregate market intelligence — list prices, how they moved, a 12-month estimate with its range when there is enough history, and macro signals. No listing names.
In Panama, the typical asking price of a home for sale is US$2,165 per square meter. The median asking price is US$315,000. The markets with the most homes for sale are Panamá, Ciudad de Panamá, Chiriquí.
Last updated October 25, 2026. They are asking prices of published listings, not closed sales. REAL NOW publishes aggregates only: no individual listing, owner or agent is shown.
Price movement at a glance
Past change: the REAL NOW index of list prices for sale, complete calendar months. Projection: an estimate with its probable range, published only with at least 12 complete months of observed prices. List prices of published supply, not closed sales.
Historical $/m² + 12-month projection
Cities and zones
Tap a city to unfold its zones. Each zone links to its full analysis.
Sale vs rent split
Where the inventory leans. Sale prices reflect ownership market, rent reflects living-cost market.
What a buyer actually faces
Mortgage rate: the official figure of the central bank or banking regulator, with what it measures and its month. The payment applies that rate to our median home asking price; the income is the World Bank national income per person, not a household income. Read them side by side.
Typical rent & buy benchmarks
Medians of the current listings we track for the whole country, in US dollars. Asking prices, not closed sales.
What is being listed
Country liveability indices
Official indicators for the whole country, each with its publisher and year: homicides from UNODC, the rest from the World Bank (World Development Indicators). Climate is our 10-year average.
Foreign investor intel
Ownership restrictions, closing costs, residency-by-investment threshold, FX risk. Sourced from each country immigration law + central bank.
Hurricane history (10y window)
Atlantic basin storms whose track passed through the country, sourced from NOAA NHC HURDAT2 database. Cat3+ events are the structural-damage threshold.
Annual climate normals
Per-coordinate averages across our scan points, 10-year window. Temperature: Copernicus ERA5 reanalysis (contains modified Copernicus Climate Change Service information, from the Open-Meteo.com open-data archive, CC BY 4.0). Rainfall: CHIRPS v3 (Climate Hazards Center, UC Santa Barbara; satellite and rain gauges).
All-time significant events
NOAA NGDC catalog — significant earthquakes, volcanic eruptions, and tsunamis with documented impact (deaths, damage, runups). Public domain.
By municipality (ThinkHazard!)
How many of the country's municipalities ThinkHazard! (GFDRR / World Bank) rates high or medium for each natural hazard. A general view of each hazard, not a risk rating of a property; every place page shows the level of its own municipality.
US State Department + UK FCDO
Public-domain government safety advisories for foreigners. US uses 4-level numeric system; UK uses categorical alerts. Updated continuously.
Country-level economic context
Source: World Bank Open Data. Refreshed monthly.