51562, Panama, IA

The home equity and home prices in the 51562 zip code of Panama, IA are very high. The median home value in this zip code is $236,000, which is more than triple the median home value in Iowa as a whole. Additionally, the percentage of homes in this zip code that are owned outright is much higher than the percentage of homes in Iowa that are owned outright. This suggests that there is a lot of wealth concentrated in this zip code. The average credit score for homes in this zip code is 740, which is much higher than the average credit score for homes in Iowa as a whole. This suggests that there may be some risk associated with buying a home in this zip code.