Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Panola County area can be challenging. Home prices in Panola County are now at a median cost of $124,195, lower than the Texas average of $235,268.
The average cost of rent is $798/mo in Panola County, primarily driven by the current value of real estate in the Panola County area. While nearly 55.97% of residents own their homes outright in Panola County, 20.95% rent.
Housing affordability isn’t just about home prices, though. The average household income in Panola County is $4,681 per month. Households that rent pay about 17.05% of their income on rent here. Panola County's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the county.
Nearby Counties
- Rusk County, TX: higher priced homes
- De Soto Parish, LA: higher priced homes
- Red River Parish, LA: less expensive homes
- Henderson County, TX: higher priced homes
- Jackson Parish, LA: less expensive homes
- Navarro County, TX: equally priced homes
- Caldwell Parish, LA: less expensive homes
- Franklin Parish, LA: less expensive homes
- Somervell County, TX: higher priced homes
- Erath County, TX: higher priced homes
Counties with Similar Populations
- Lewis County, NY: equally priced homes
- Lawrence County, SD: higher priced homes
- Le Sueur County, MN: higher priced homes
- Leake County, MS: less expensive homes
- Lee County, SC: less expensive homes
- Lee County, TX: higher priced homes
- Lee County, VA: less expensive homes
- Leelanau County, MI: higher priced homes
- Leflore County, MS: less expensive homes
- Leon County, TX: higher priced homes
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