Is Gary, TX 75643 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Gary is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market201Listing to accepted offer
Median price per sq ft$166▲ +22.3% vs. last year

The Gary housing market right now

In the three months ending August 31, 2026, 0% of homes in Gary, TX 75643 sold above their list price, the typical home went under contract in 201 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (161 days then) and the median sale price rose 25% to $349,799. Overall, Gary is less competitive than a year ago, which gives buyers more room.

Within Panola County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.

Nearby markets

Beckville 75631Buyer’s market $203 /sq ftCarthage 75633Balanced $148 /sq ftDe Berry 75639Balanced $118 /sq ftLong Branch 75669Seller’s market $201 /sq ft Browse all markets →

Where Gary is

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Questions about Gary real estate

Is Gary a buyer’s or seller’s market?

A buyer’s market: there were 6.4 months of supply in Gary, TX 75643 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Gary?

The typical home went under contract in 201 days in the latest three months.

Do homes in Gary sell over asking?

0% of homes sold above their original list price.

What are property taxes in Gary?

About 0.79% of a home’s value a year in Panola County, or roughly $3,160 on a $400,000 home.

What is the median home price in Gary?

The median sale price was $349,799 in the three months ending August 31, 2026, about $166 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology