Colón housing market

Name: Real estate market indicators for Colón
Creator: TuLugar
License: https://tulugar.com/en/terms
Keywords: real estate, real estate market, property prices, price per square meter, Panama, Colón

What it costs to buy and rent in Colón, Panama, computed from 30 continuously monitored listings.

TuLugar Price Index

$2,615/m²

Price per m² (sale)

2-bedroom apartment

$210,000

Monitored listings

PIXLY.APPFurnished by AIThe furniture arrives itselfAdvertising

PIXLY.APPConstruction timelapseFrom plot to finished homeAdvertising

Advertise here →

Neighborhoods

Apartment prices: median sale, $/m² and rent. “Listings” counts the whole inventory.

#	City / Neighborhood	Listings	Apt. sale	$/m²	MoM	YoY	Apt. rent
1	Ciricito View →	14	$1.2M	$2,800	—	—	—
2	Escobal View →	13	$211K	$2,397	—	—	—
3	Cristóbal View →	2	—	—	—	—	—
4	Barrio Sur View →	1	—	—	—	—	—

By property type

Type	Listings	Median sale	$/m²^*
ApartmentsView →	2279%	$437K	$2,615
HousesView →	14%	$135K	—
CommercialView →	518%	$220K	$1,746

*Apartment and house m² is built area; land m² is the plot. A house enters its $/m² only when the source reports built area. This page’s headline uses apartments only.

By bedroom count — Apartments

Apartments	listings	Median	$/m²
Studio	no data	—	—
1 bedroom	no data	—	—
2 bedrooms	7	$210K	$2,397
3 bedrooms	9	$464K	$2,543
4 bedrooms	6	$1M	$2,787
5+ bedrooms	no data	—	—

By bedroom count — Houses

Houses	listings	Median	$/m²
Studio	no data	—	—
1 bedroom	no data	—	—
2 bedrooms	no data	—	—
3 bedrooms	1	—	—
4 bedrooms	no data	—	—
5+ bedrooms	no data	—	—

Price distribution

How many listings fall in each price range (USD).

Price distribution — sale

<$50K

$50K-$100K

$100K-$200K

$200K-$500K

$500K-$1M

>$1M

Price distribution — rent

<$300

$300-$600

$600-$1K

$1K-$2K

$2K-$5K

>$5K

Frequently Asked Questions about Colón

In Colón, the median asking price of an apartment for sale is $437K. By type: apartments $437K, houses —, land —. The neighborhood with the most supply is Ciricito, where the median apartment costs $1,2M. The median apartment price per square meter is $2.615/m² — useful for comparing real value across neighborhoods and with other cities in the region.

The neighborhoods with the most real estate activity in Colón are Ciricito, Escobal, Cristóbal, Barrio Sur. Ciricito leads with 14 properties and a median apartment price of $1,2M. When choosing a neighborhood, think about commute distance, public transit access, nearby amenities (grocery, healthcare, schools), and your budget. A good quality-of-life indicator is rental availability — neighborhoods with more rentals tend to have better infrastructure and services.

It depends on how long you plan to stay. With a median apartment price of $437K and a median apartment rent of —/mo, the price-to-rent ratio in Colón favors buying if you're staying 3+ years. There are currently 28 properties for sale and 2 for rent — solid supply that gives buyers negotiating leverage. If you're new to the city, renting first lets you explore neighborhoods before committing to a purchase.

The Colón market has 30 monitored properties, with a median apartment price of $437K and a median apartment price per m² of $2.615/m². With 28 properties for sale, the current supply is high — which is good for buyers: more options to choose from and more room to negotiate on price and payment terms. If you're looking for investment value, compare price per m² across neighborhoods to spot the best opportunities.

Yes, with no restrictions whatsoever. Foreigners in Panama have the exact same rights as citizens to purchase any type of property, including land. You don't need residency or a special visa. The purchase is formalized through a public notary, who verifies the title, drafts the contract, and registers it with the Public Registry. Closing costs are around 3-4% of the property value (notary fees, transfer tax, and registration fees). Many foreign investors also apply for temporary residency, which is relatively easy to obtain in Panama.

What is your property in Colón worth?

Free instant estimate from analyzed listings in your area.

Estimate the value And how much would it rent for?

Methodology

This page analyzes 30 listings in Colón, Panama.

Metrics are calculated from the active inventory TuLugar monitors across the market — both listings published on TuLugar and active agency supply tracked continuously. They are asking prices, not final transaction or closing prices.

We use medians to reduce the effect of outlier properties; $/m² only includes listings with valid area data. Prices in other currencies are converted to USD using the exchange rate available when the snapshot is refreshed.

Data is recalculated daily and can change when listings are published, updated, or deactivated.

Read the full methodology →