Pampa, TX metro area Housing Market

Cold Market

Comprehensive housing market data for the Pampa, TX metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: March 2026

Median Sale Price

$150K

15.4% YoY

Days on Market

93 days

35.4% YoY

Active Inventory

95

3.3% YoY

Homes Sold

13

50.0% YoY

Cold Market

Inventory is high and homes are sitting longer — a buyer's market.

Pampa, TX metro area Market Summary

The Pampa, TX metro area housing market is cooling down. As of March 2026, the median home sale price is $150K, up 15.4% year-over-year. Homes are spending a median of 93 days on the market, 35.4% shorter than a year ago.

There are 95 homes for sale — 3.3% more than last year. With 7.3 months of supply, this is a buyer's market. 25 new listings were added during this period, down 3.8% year-over-year.

Homes are selling for 96.0% of their list price on average, suggesting room for negotiation. 0.0% of homes sell above their asking price. 15.8% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

88

Contributing Factors

Months of Supply 7.3
Days on Market 93
Price Drops 15.8%
Sale-to-List Ratio 96.0%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $437K) 65.7%
Days on Market (National: 55) 69.1%
Inventory (National: 1,314,690) 100.0%

vs. Texas Median

Median Price (Texas: $342K) 56.2%
Days on Market (Texas: 82) 13.4%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. Prices are 66% below the national median, which could indicate stronger cash flow potential.

Pampa, TX metro area Market Trends

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Detailed Market Metrics

Median List Price

$142K

Price per Sq Ft

$98

Sale-to-List Ratio

96.0%

Months of Supply

7.3

Sold Above List

0.0%

Price Drops

15.8%

New Listings

25

3.8% YoY

Pending Sales

14

Off Market in 2 Weeks

21.4%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.