Panola Mills
Homes for Sale in Lithonia, GA
All 251 homes for sale in Lithonia, GA · median $239,000 · 149 homes for sale in 30038
True comps, carrying-cost math, and listings before the portals.
Photo courtesy of Alianny Santos, The Atlanta Home Experts · via Georgia MLS
As of September 2026, Panola Mills in Lithonia, GA has 1 home for sale. Over the 12 months ending 2026-09-20, 8 recorded sales closed at a median of $299,950, $113 per square foot, a median 14 days on market, sellers accepting 97% of original asking (+18% versus the prior year). Homes listed or recently sold were built 1988–1996. At the median price and DeKalb County's 2025 rate of 34.42 mills, annual property tax runs about $4,130.
| Location | Lithonia, DeKalb County, GA · ZIP 30038 |
|---|---|
| Home types (current listings and sales) | single-family 100% |
| Amenities listed by sellers | None, Carbon Monoxide Detector(s), Near Public Transport, Near Shopping, Playground, Walk To Schools |
| Sale prices, last 12 months | $299,950 median across 8 closed sales · $113 per sq ft · +17.6% vs the prior 12 months |
| Days on market (closed sales) | 14 median |
| For sale right now | 1 active, 0 pending · median asking $359,000 · 1.5 months of supply |
Data as of September 20, 2026. Listing data © 2026 Georgia MLS (GAMLS). Information is deemed reliable but is not guaranteed. Market figures describe homes, not residents. Cite as: Momentum Realty, “Panola Mills key facts,” movewithmomentum.com/neighborhoods/panola-mills, data as of September 20, 2026.
Last 30 days in Panola Mills: 1 new listing (median asking $359,000). As of September 22, 2026, Listing data © 2026 Georgia MLS (GAMLS). Information is deemed reliable but is not guaranteed.
Panola Mills is pricing at a median of $299,950, with a price-per-square-foot median of $112.92 — a level that points to value-oriented, condition-sensitive buying rather than a market chasing premium finishes. At just under $113 a foot, the underlying home stock is doing the work here, not amenity packages or brand-new construction.
A median of 14.5 days on market says homes that are priced correctly are moving in about two weeks, which is a fast clearing pace for this price point. With only 8 closings in the current window, treat any single data point as directional rather than a fixed rule — buyers and sellers should confirm pricing against the most recent comparable, not the trailing average.
Panola Mills right now
🔴 Seller-leaning market. 1.5 months of supply and 0% of the inventory already under contract give sellers the pressure advantage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Georgia MLS records, as of September 20, 2026. Confidence: Medium (1 active and pending listings, 8 closed sales in 12 months).
🟢 Still climbing. The trailing-12-month median ($300K) is up 17.6% from the prior 12 months ($255K). With about 4 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Georgia MLS closed sales, 12-month windows ending September 20. Confidence: Low (8 and 3 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated September 23, 2026 · Live data: Georgia MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Panola Mills market snapshot (as of September 20, 2026): the median sale price is about $300K ($113 per sq ft over the trailing 12 months of closed sales), a median 15 days on market for closed sales, and 1.5 months of supply, a seller-leaning market. The trailing-12-month median is up 18% from the prior 12 months, computed from record-level Georgia MLS closed sales (8 closings in the current window).
In ZIP 30038 (Lithonia), 300 homes closed in the last 12 months at a median of $254K ($145/sq ft), down 2.0% year over year, with a median 43 days on market. Right now 78 active and 15 pending listings put supply at about 5.0 months — a buyer's market. See the live ZIP 30038 housing market.
Georgia MLS sales records identify 10 homes in Panola Mills that have changed hands since 2024, built between 1988 and 1996 (median 1990), with a median living area of about 2,476 sq ft and a typical 4-bedroom, 3-bath layout; 100% are single-family homes. Source: Georgia MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community. Georgia has no statewide parcel roll comparable to Florida’s DOR file, so ownership and homestead shares are not shown.
Panola Mills sits in Lithonia, DeKalb County, and trades at a median of $299,950 — a price band where lot size and home condition, more than shared amenities, tend to separate one listing from the next.
The setting & the homes.
Aerial and on-site photos of Panola Mills. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Panola MillsPhotos from Georgia MLS listings in Panola Mills; content deemed reliable but not guaranteed.
Who Panola Mills is best for.
Best for
- Buying at a value-oriented price point where the median sits at $299,950.
- Moving quickly on a well-priced listing, given a median days-on-market of roughly two weeks.
- Evaluating homes on their own condition and lot merits rather than a shared amenity package.
Probably not for
- Needing confirmed community amenities such as a pool or clubhouse, since none are identified from current MLS data.
- Wanting a large, deep comparable set to lean on, given the current window shows only 8 closings.
- Seeking premium per-square-foot finishes, since the $112.92 median points to a value-driven price band.
Homes For Sale Right Now in Panola Mills
Live MLS inventory for Panola Mills. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Panola Mills listings as of 2026-09-22, priced high to low. Listing data © 2026 Georgia MLS (GAMLS). Information is deemed reliable but is not guaranteed. 
Tap any home to ask about it.
Every Home for Sale in Panola Mills Right Now (1)
All 1 active and pending Panola Mills listings with a detail page, newest first, refreshed twice a day from the MLS.
- 3238 Palm Tree Drive · $359,000 · 4 bd / 2.5 ba · listed Sep 11, 2026 · listed by Virtual Properties Realty.Net
Panola Mills on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Georgia MLS. Map data © OpenStreetMap, tiles © CARTO.
Schools
- DeKalb County School System
- Verify the zoned schools by address
- Magnet and choice options may be available
- Browns Mill · Elementary
- Salem · Middle
- Martin Luther King Jr · High
District figures are official Georgia (GOSA) 2024-25 data. Zoned schools reflect the assignments reported on recent Panola Mills listings and can change; always confirm with the DeKalb County School System for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Panola Mills address.
Shop the zone: Homes zoned for Browns Mill Elementary School · Homes zoned for Salem Middle School · Homes zoned for Martin Luther King Jr High School
The Panola Mills buying strategy.
If we were buying in Panola Mills today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Come strong and clean. Homes here move, so lead with your best terms and financing ready rather than a low anchor.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Panola Mills.
What the numbers are actually saying
At a median price-per-square-foot of $112.92, Panola Mills sits in territory where the math rewards buyers doing their own diligence on condition, updates, and lot specifics rather than relying on a single blended average. This is not a market where every home is interchangeable — it is one where the underlying property does most of the pricing work.
MLS data does not identify community amenities here, so any pool, clubhouse, or shared green space should be verified independently rather than assumed. The 14.5-day median days-on-market suggests that well-priced homes are not sitting, which matters for anyone timing an offer or a listing — but with only 8 closings feeding that figure, it is a snapshot worth rechecking before you build a strategy around it.
The location and the amenities are priced into every listing in Panola Mills. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Panola Mills buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (8.9). Basis: Recent Direction +17.6% year-over-year; Liquidity & Demand 1.5 months of supply; Pricing Power 97.2% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a market this data-thin — 8 closings in the current window — pricing strategy has to come from reading the specific comparable, not a generic trend line. We pull the actual recent sales in Panola Mills, weigh them against condition and lot factors, and give you a position grounded in what has closed, not what an algorithm estimates.
Panola Mills in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Panola Mills buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Panola Mills sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Panola Mills, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Panola Mills home worth?
Get a no-obligation home value based on real comparable sales in Panola Mills, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Lithonia →
17% of homes for sale in ZIP 30038 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-22).
Frequently Asked Questions
What is the median home price in Panola Mills?
How long do homes in Panola Mills take to sell?
Is Panola Mills a buyer's or seller's market right now?
Who is the best real estate agent for Panola Mills?
How do I find a top Lithonia real estate agent who knows Panola Mills?
Can Momentum Realty connect me with an agent for Panola Mills?
Where is Panola Mills, and what county is it in?
Is Panola Mills a good place to live?
Should you buy in Panola Mills?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Georgia MLS, refreshed twice daily (last: September 22, 2026) |
| Community market stats | Georgia MLS closed sales, 12-month windows ending September 20, 2026 |
| Under-contract shares | Georgia MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2024 (12 transactions analyzed) |
Verify the primary sources yourself: Georgia DOR · U.S. Census · FEMA flood maps.
Momentum Research figures are our own analysis of Georgia MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum will price yours against live local comps — a real number, not an algorithm’s guess.
Looking to buy here? Search homes for sale →
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See how Panola Mills fits the bigger picture — live prices, inventory, and Momentum Scores:
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