St. Louis metro, MO relocation guide
Moving to Panama, MO
—Median listing price
St. Louis metro, MOArea
Commuter-friendlyCommute profile
About Panama
Panama is a village of roughly 300 on IL-127 near the Bond/Montgomery county line. A former coal-mining town, it is a quiet rural community with very affordable housing, about an hour from St. Louis.
Home prices in Panama
Home prices in Panama vary by neighborhood and property type.
Top places in Panama
- Historic coal-mining heritage sites in the village.
- Nearby Hillsboro and Litchfield (Montgomery County) for shopping and dining.
- Coffeen Lake State Fish and Wildlife Area (about 20 minutes) for fishing and hunting.
Commuting from Panama
- Approximate drive to downtown St. Louis: ~60–65 minutes via IL-127 to I-55.
Panama FAQs
- What is the housing market like in Panama, MO?
Home prices in Panama vary by neighborhood and property type. - How is the commute from Panama, MO?
Approximate drive to downtown St. Louis: ~60–65 minutes via IL-127 to I-55.
Town links
Schools
Transit
Official town resources. School report cards via the National Center for Education Statistics.