Panola County, TX Home Values & Market Trends

The median home price in Panola County, TX is $230,043. There were 168 home sales in Panola County, TX over the past 12 months. The median residential Panola County, TX home value for transactions over the previous year is $120,000. The number of current listings in Panola County, TX is 245, and the percentage of properties for sale is 245.00%. The county has 14 foreclosures, 5 bank owned properties, 9 headed for auction, and 245 properties for sale.

Panola County, TX Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Carthage

$ 230,043

$ 121/sqft

Beckville

$ 359,900

$ 178/sqft

De Berry

$ 195,000

$ 104/sqft

Long Branch

$ 269,346

$ 139/sqft

Gary

$ 222,892

$ 120/sqft

Housing Market Summary for Panola County, TX

Sep 2025September 2026Change
Median Listing Price$242.5K$229.9K-5.20%
Median Sold Price$172.4K$173.2K0.41%
Homes For Sale16523441.82%
Homes Sold7512161.33%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Panola County, TX

Panola County, TX home values range from $30,890 to $1,199,000. De Berry is the priciest city with a median listing home price of $542,000, and Carthage is most affordable with average house prices of around $229,900.

Foreclosure
There are 5 cities within Panola County, TX; within these cities, the median estimated home value for homes in foreclosure ranges from $263,257 in Carthage to the lowest value of $62,368 in Carthage. Foreclosure homes account for 3.00% of properties in Panola County, TX with Carthage containing 10 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Panola County, TX with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 5 cities within Panola County, TX; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Panola County, TX ranges from the highest value of $179,500 in Beckville to the lowest value of $62,368 in Carthage. Bank owned homes and properties account for 1.26% of properties in Panola County, TX. There are 5 cities within Panola County, TX; Carthage containing 4 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Carthage has 6 auction properties, the highest number of properties going to auction in a single city in the state of Panola County, TX. Auction homes and other auction properties account for 2.27% of all properties in Panola County, TX. There are 5 cities within Panola County, TX; of those cities, the median estimated home value for homes going to auction ranges from $367,779 in Gary to the lowest value of $95,175 in Gary.
Homes for Sale
Homes and properties that are actively listed for sale account for 61.71% of residential properties in Panola County, TX with Carthage containing 191 homes for sale, the highest number of listed properties in a single city. There are 5 cities within Panola County, TX; homes for sale in those cities, have a range of median values from $413,693 in Long Branch to the lowest value of $31,354 in Carthage.
    Sold Homes
    The median value for recently sold homes ranges from $324,681 in Gary to the lowest price of $30,890 in Gary. There are 5 cities within Panola County, TX. Carthage has 74 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 31.23% of properties in Panola County, TX.

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      Guide for Panola County, TX

      Home with a messy garden
      Foreclosure
      The Pros And Cons Of Buying A Foreclosed Property
      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      See More Articles
      Home with a messy garden
      The Pros And Cons Of Buying A Foreclosed Property
      Foreclosure|posted 11 August 2023

      Learn the pros and cons of buying a foreclosed property and invest in a foreclosure with confidence

      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.