Pampa, TX home prices
Typical home $107,238 · +2.9% in a year · income needed $32,300
The Pampa, TX metro area ranks 879 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +2.9% in a year and +6.4% over five years. With 20% down at 7.11%, the typical home costs about $753 a month including 1.37% property tax (Gray County rate).
Mortgage on the typical Pampa home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $21,448 | $85,791 | $577 | $0 | $176 | $753 | $32,300 |
| 10% down | $10,724 | $96,514 | $649 | $40 | $176 | $865 | $37,100 |
| 5% down | $5,362 | $101,876 | $685 | $42 | $176 | $904 | $38,700 |
| 3.5% down (FHA) | $3,753 | $105,296 | $708 | $47 | $176 | $932 | $39,900 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.37% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Pampa area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Gray County, TX | $105,191 | +1.9% | 1.37% |
What can you afford in Texas on your salary? · Texas home prices · Salaries in Texas
Frequently asked questions
How much is a house in Pampa?
The typical home in the Pampa, TX metro area is worth $107,238 (Zillow, September 2026).
What salary do you need to buy a house in Pampa?
About $32,300 a year for the typical home with 20% down at 7.11%.