Market Overview
Home Prices in Pampa, TX
The median home value in Pampa, TX is $108,636 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.8% compared to a year ago and down 4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Pampa are priced74% below average. Pampa is part of the Pampa, TX metro area.
Over the past five years, Pampa home values have risen by approximately6.5%, reflecting steady appreciation in this market.
Price History
Pampa Home Price Trend
2020
$92,374
$92K
—
2021
$101,990
$102K
+10.4%
2022
$106,055
$106K
+4.0%
2023
$109,931
$110K
+3.7%
2024
$116,524
$117K
+6.0%
2025
$111,822
$112K
-4.0%
2026
$108,636
$109K
-2.8%
City Comparison
Pampa vs. National Median
🏠 Pampa
$108,636
National Median
$410,000
At $108,636, homes in Pampa cost 74% below the national median of $410,000. This makes Pampa a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Pampa?
20% Down Payment
$21,727
on $108,636
Monthly P&I
$567/mo
30-yr @ 6.8%
Total Monthly Est.
~$720/mo
incl. taxes & insurance
Income Needed
$28,800
gross annual (30% rule)
10% Down Option
$10,864
+ PMI applies
Loan Amount (20% dn)
$86,909
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Pampa, TX?
The median home value in Pampa is $108,636 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.8% year-over-year.
How much have home prices changed in Pampa?
Over the past year, home values in Pampa have decreased by 2.8%. Over five years, prices have risen approximately 6.5%.
How much do I need to earn to buy a home in Pampa?
To comfortably afford the median home price of $108,636 with a 20% down payment ($21,727) at today's rates (6.8%), you'd need a gross annual income of approximately $28,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Pampa compare to the national average home price?
The national median home value is approximately $410,000. At $108,636, homes in Pampa are 74% below the national average.
What metro area is Pampa part of?
Pampa is part of the Pampa, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.