Is now a good time to buy land in Panola County, Texas?
Panola County, Texas is currently a strong buyer's market with 18.5 months of supply. Buyers have more negotiating power and can take time to find the right property.
Comprehensive market data and analysis• Updated Dec 2025
18.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 1 | 5 |
| 1-2 acres | - | 1 | 1 | 2 |
| 2-5 acres | 1 | 2 | 3 | 8 |
| 5-10 acres | - | 2 | 5 | 7 |
| 10-20 acres | - | 1 | 2 | 7 |
| 20-50 acres | - | 3 | 6 | 17 |
| 50-100 acres | - | - | 1 | 4 |
| 100+ acres | - | 2 | 2 | 2 |
| TOTAL | 1 | 12 | 21 | 52 |
Panola County, Texas is currently a strong buyer's market with 18.5 months of supply. Buyers have more negotiating power and can take time to find the right property.
Panola County, Texas currently has 18.5 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Land in Panola County, Texas typically sells within 159 days of listing. The median time on market is 86 days. Properties are moving slowly in the current strong buyer's market.
The current absorption rate in Panola County, Texas is 5.4% (3-month basis), indicating slow demand. The top-performing broker in this market is Scarborough Realty Group TX -Carthage.
There are currently 74 active listings in Panola County, Texas. 23 new listings have hit the market in the last 90 days. The median asking price is $173K.
Over the past 12 months, Panola County, Texas saw 52 properties sold. In just the last 3 months, 12 properties changed hands.
The 3-month absorption rate in Panola County, Texas is 5.4%. The 12-month rate is 5.9%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.