Province · Panamá
Herrera
Province of Panamá. Official statistics compared with the whole country, and REAL NOW market prices.
This page covers the whole region. The city or zone named Herrera has its own market page, with other figures: Herrera
Population
122,071
Censo 2023 #9 of 13
For sale or rent
2.6%
of private dwellings #7 of 13
Renters
11.0%
of occupied dwellings #3 of 13
Unoccupied dwellings
22.0%
of private dwellings #11 of 13
Median sale price per m²
US$611
apartments and houses
Official statistics
Population and housing, Censo 2023
Each figure next to the parent region and the country, so you can tell whether it stands out.
Population and households
| HerreraProvince | PanamáCountry | |
|---|---|---|
| Population | 122,071 | 4,064,780 |
| Households | 42,338 | 1,224,279 |
| Persons per household | 2.88 | 3.32 |
| Aged 0 to 14 | 19.2% | 25.4% |
| Aged 65 and over | 15.2% | 9.8% |
Source: INEC Panamá, Censo 2023
Housing stock
| HerreraProvince | PanamáCountry | |
|---|---|---|
| Private dwellings | 53,693 | 1,589,018 |
| For sale or rentempty and offered, share of private dwellings | 2.6% | 3.6% |
| Unoccupiedno residents present, any reason | 22.0% | 23.1% |
| Seasonal or holiday homes | 10.2% | 8.6% |
| Apartmentsshare of private dwellings | 3.5% | 13.7% |
Source: INEC Panamá, Censo 2023
Tenure of occupied dwellings
| HerreraProvince | PanamáCountry | |
|---|---|---|
| Owned outright | 68.3% | 63.5% |
| Owned with a mortgage | 17.3% | 18.1% |
| Rented | 11.0% | 13.1% |
Source: INEC Panamá, Censo 2023
Basic services
| HerreraProvince | PanamáCountry | |
|---|---|---|
| Connected to sewer | 44.1% | 41.0% |
| Public water supply | 65.0% | 69.8% |
| No electricity | 2.2% | 4.8% |
| Earth floor | 3.3% | 5.4% |
| No toilet | 0.9% | 3.7% |
Source: INEC Panamá, Censo 2023
Bank credit
Bank credit in Herrera
Stock of bank loans at 2026-07 and the change in a year.
| Herrera | Change | Panamá | |
|---|---|---|---|
| Mortgage | US$321.0 M | -1.7% | US$21.59 B |
| Construction | US$48.1 M | -2.4% | US$4.19 B |
| Consumer | US$380.9 M | -7.4% | US$15.42 B |
| All sectors | US$973.5 M | -6.9% | US$65.73 B |
Herrera holds 1.5% of the country’s mortgage credit.
Source: Superintendencia de Bancos de Panamá
Mortgage and construction credit, monthly
Source: Superintendencia de Bancos de Panamá
Market
Prices, rent and yield
Medians over the aggregated public offer seen in the last 30 days. List prices, not closed sales.
For sale
| HerreraProvince | PanamáCountry | |
|---|---|---|
| Median per m², homes | US$611 | US$2,040 |
| Apartments, per m² | — | US$2,496 |
| Houses, per m² | US$583 | US$1,410 |
Source: REAL NOW, aggregated public offer (list prices)
For rent
| HerreraProvince | PanamáCountry | |
|---|---|---|
| Median monthly rent | — | US$1,700 |
| Gross rental yield | — | 6.52% |
Source: REAL NOW rent benchmarks, aggregated public offer
Districts
Districts of Herrera
7 regions. Open one for its full profile.
Methodology
Sources and methodology
Official statistics
- Population, households and dwellings: INEC Panamá, Censo 2023, by corregimiento. District and province figures are the published totals where INEC publishes them and the sum of corregimientos otherwise.
- For sale or rent = private dwellings the census found empty and offered for sale or rent, divided by all private dwellings. Unoccupied = every private dwelling with no residents present (for sale or rent, seasonal, under repair, vacant, abandoned or other), divided by all private dwellings.
- Renters, owners with a mortgage and the basic-services columns are shares of occupied dwellings.
- Bank credit: Superintendencia de Bancos de Panamá, stock of loans by province in 2026-07, compared with 2025-07.
REAL NOW market metrics
- Sale: median asking price per m² of apartments and houses for sale seen in the last 30 days in the aggregated public offer, with the same outlier bounds as Analytics. List prices, not closed sales.
- Confidence: solid = 30 or more listings, preliminary = 15 to 29; below 15 nothing is published.
- Rent and gross yield: REAL NOW rent benchmarks, median monthly rent of homes; gross yield = rent × 12 ÷ sale price of the same cell, published only between 3 and 12 percent. Available by province or department and by municipality or canton.
Sources: INEC Panamá, Censo 2023 · Superintendencia de Bancos de Panamá · REAL NOW aggregated public offer.