The story of this market
The typical home in ZIP 79065 sells for about $206,065, or $94 per square foot.
Prices are up +3.6% from a year ago, so sellers still have some momentum. Homes take about 56 days to sell. HUD's fair market rent for a two-bedroom is $935 a month.
ZIP 79065 — Miami
The Pampa 79065 housing market shows a median sale price of $206,065 as of August 2026, reflecting a 3.6% year-over-year increase. Several metrics, including active inventory, months of supply, and sale-to-list ratios, are not currently published at the ZIP level and are omitted here. Market activity is characterized by moderate turnover with a median of 56 days on market.
This ZIP is best suited for local owner-occupants and experienced investors who understand the specific dynamics of the Pampa market, as it offers high affordability compared to larger Texas metros.
Median prices moved up 3.6% year over year.
Homes spend a median of 56 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 2.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
ZCTA 79065, Gray County TX
Crime rates in Pampa are generally consistent with regional averages for the Texas Panhandle, though property crime remains a primary focus for local law enforcement.
Schools in the Pampa Independent School District are considered the primary educational anchor for the area, with performance ratings generally meeting state standards.
The area faces typical Panhandle risks including severe thunderstorms, high winds, and occasional wildfire threats, necessitating standard property insurance coverage.
The local economy is heavily influenced by the energy sector, agriculture, and regional manufacturing, with steady but modest economic activity.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
Commuting is primarily car-dependent, with most residents working within Pampa or commuting to nearby industrial hubs in the Panhandle region.
The area features local parks, community sports facilities, and proximity to regional outdoor recreation areas, with basic retail and dining options located along the main corridors.
The rental market is characterized by a 30% renter share with stable demand, though investors should account for management intensity and maintenance costs.
The economy is anchored by energy production, agriculture, and local government services, providing a stable but slow-growth environment.
Transportation is dominated by highway access via US-60 and SH-70, with no significant public transit infrastructure.
Development is primarily focused on small-scale residential and commercial infill rather than large-scale master-planned projects.
The Gray County Appraisal District manages property assessments, following standard Texas property tax code procedures.
Parcels are subject to Pampa ISD and Gray County tax levies, with no major MUDs reported.
Property insurance premiums are influenced by regional weather risks, including hail and wind exposure common to the Texas Panhandle.
Data retrieved from US Census Bureau ZCTA5 79065 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Local community park providing green space and recreational facilities.
Public swimming facility serving the local community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.