The story of this market
The typical home in ZIP 75643 sells for about $204,500, or $139 per square foot.
Homes take about 121 days to sell, which is slow.
ZIP 75643 — Gary
The housing market in 75643 is extremely quiet with very low inventory and minimal sales activity. Most metrics for rent and specific market trends are not published at the ZIP level, reflecting the rural nature of the area. The market is driven by low-volume, sporadic residential transactions.
This rural area is primarily suited for those seeking land or quiet residential living in a small-town setting, as it lacks the dense amenities and high-frequency transit of urban centers.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 121 days on market with 0.5 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 12.1% — a stable, low-distress profile.
ZCTA 75643, Panola County TX
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).
The local economy is primarily rural and agricultural, with limited major industrial employers within the immediate ZIP code.
Data retrieved from US Census Bureau ACS 5-year estimates via IncomeByZipCode.com.
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. Source: NCES EDGE public school locations 2023-24.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.