Pampa, TX—79065
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pampa, TX
As of Oct '25, the median home price in Pampa, TX is $103,000, with a year-over-year change of -5.1%. This indicates that home prices in Pampa, TX are decreasing. According to Zillow, the 1-year price projection is -1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $103,000 | -5.1% |
| Single Family | $102,000 | -4.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $78,000 | -3.7% |
3 Bed | $149,000 | 0.7% |
4 Bed | $213,000 | 2.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Pampa, TX
As of July '25, Rentcast reports the average rent in Pampa, TX is $1,080, with a year-over-year rent change of 11.2%. Per bedroom, the median rent as of July '25 in Pampa, TX is 1-bedrooms: $836, 2-bedrooms: $783, 3-bedrooms: $1,290, 4-bedrooms: $1,300. The most common rental property sizes in Pampa, TX are 2-bedroom and 3-bedroom, accounting for 37.0% and 34.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $800 | $1,080 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $725 | $836 |
| 2 Bed Rent | $775 | $783 |
| 3 Bed Rent | $1,200 | $1,290 |
| 4 Bed Rent | $1,300 | $1,300 |
% of Rental Stock
Property Listings — Pampa, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Pampa, TX is 75. This is a increase of 26.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $121,000 | -19.0% |
Listing Count | 138 | 30.0% |
| Listings as % of Homes | 0.7% | 30.0% |
Days on Market | 75 | 26.0% |
Demographics — Pampa, TX
As of the latest ACS Survey released in 2023, Pampa, TX has a population of 19,600, which has decreased by -6.2% over the past 5 years. Pampa, TX is a moderately popular place for families, as children make up 24.6% of the population. The area has a poorly educated workforce, with 15.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,600 | -6.2% |
% Under 18 | 24.6% | -2.4% |
% Seniors | 16.2% | 4.5% |
% WFH | 3.7% | 362.5% |
% w/ College Degree | 15.6% | 13.9% |
As of the latest ACS Survey released in 2023, Pampa, TX is a predominantly white area, with 59.1% of the population identifying as white. The white population has shrunk by 4.8% in the last 5 years. The second most common race or ethnicity in Pampa, TX is hispanic, making up 32.2% of the population. Foreign-born residents account for 10.0% of the population in Pampa, TX, and this percentage has decreased by 4.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 59.1% | -4.8% |
% Black | 4.8% | 0.0% |
% Hispanic | 32.2% | 7.0% |
% Asian | 1.2% | 200.0% |
% Foreign Born | 10.0% | -4.8% |
Mortgage and Risk — Pampa, TX
According to HUD data as of 2023, there were 211 mortgage originations in Pampa, TX, of which 61.0% of loans were conventional mortgages. The average loan-to-value was 84.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in Pampa, TX. Investor activity is low, as 6.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 211 |
% Conventional Loans | 61.0% |
% Government Loans | 39.0% |
% Investor Loans | 6.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Pampa, TX
Pampa, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 218 |
Total Units Section 8 | 218 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 82.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $15 | $725 | $740 |
| 2 Bedroom | $195 | $775 | $970 |
| 3 Bedroom | $0 | $1,200 | $1,200 |
| 4 Bedroom | $60 | $1,300 | $1,360 |
Affordability — Pampa, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.8 |
| Median Home Price | $103,000 |
| Median Household Income | $55,900 |