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Neighborhood · live FMLS IDX

Panola Downs Homes for Sale in Lithonia, GA

Homes for sale in the Panola Downs neighborhood of Lithonia, DeKalb County, from current FMLS IDX inventory. Live list-price medians, price per square foot, assigned schools and how Panola Downs compares with Lithonia overall.

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Panola Downs, Lithonia, GA market at a glance

Median list price
$202,900
n=5
Median list price per SF
$134
n=5 · 1,776 SF typical
Median days listed
49
n=5
New in the last 30 days
0
0 in the last 7

Median list price is 19% below Lithonia, GA (442 homes, median $249,500).

FMLS IDXLive FMLS IDX data as of Oct 27, 2026, 8:54 AM ET. Figures are list prices from current FMLS IDX inventory (Active, Active Under Contract and Pending), not sales prices or appraisals. Information deemed reliable but not guaranteed.

Find an area

Schools and nearby neighborhoods

Schools as reported in Panola Downs listings, and the Lithonia neighborhoods with the most homes for sale.

High school zones

As reported in each listing. Verify with the school district.

  1. Miller Grove HighDeKalb County3 homes · $300K
  2. Lithonia HighDeKalb County2 homes · $195K

Middle schools

  1. Miller Grove MiddleDeKalb County3 homes · $300K

Elementary schools

  1. Panola Way ElementaryDeKalb County4 homes · $251K

Other Lithonia neighborhoods

  1. Creekside VillageLithonia19 homes · $300K
  2. Wellington ParkLithonia14 homes · $290K
  3. Champions RunLithonia10 homes · $368K
  4. FontaineLithonia9 homes · $85K
  5. Fontaine EastLithonia9 homes · $89K
  6. Idlewood CrossingLithonia6 homes · $259K
  7. Wellington CoveLithonia6 homes · $158K
  8. Fairington ParkLithonia5 homes · $89K
See all 29

Just listed

Newest homes for sale in Panola Downs, Lithonia, GA

Sorted by listing date. Showing 1 to 5 of 5.

FMLS IDXLive FMLS IDX data as of Oct 27, 2026, 8:54 AM ET. Figures are list prices from current FMLS IDX inventory (Active, Active Under Contract and Pending), not sales prices or appraisals. Information deemed reliable but not guaranteed.

Payment estimate

Payment on a median-priced home in Panola Downs, Lithonia, GA

Prefilled with the median list price of $202,900 and this week's average rate. Change anything to see your number.

Loan type
Estimated monthly payment

$1,608/mo

Principal and interest
$1,254
Property tax
$152
Home insurance
$125
Mortgage insurance
$76
Loan amount
$182,610
Cash down
$20,290

This is an estimate only. Not a lender, not a loan offer and not a rate quote. Rates: Freddie Mac PMMS weekly average for 2026-10-22: 30-yr 7.32%, 15-yr 6.68%. Tax uses about 0.9% of price per year; insurance assumes $1,500 a year. Conventional adds 0.5% a year mortgage insurance under 20% down; FHA uses 3.5% minimum down, a 1.75% upfront premium financed and 0.55% a year MIP; VA adds a 2.15% funding fee financed under 5% down and no monthly MI. Talk to a licensed lender for a real quote.

Inside the numbers

What is for sale in Panola Downs, Lithonia, GA

Home types

  • Single-family homes5 100%median $202,900, $134/SF

Bedrooms

  • 1-2 bd0 0%
  • 3 bd2 40%
  • 4 bd2 40%
  • 5+ bd1 20%

List price

  • Under $300K4 80%
  • $300K to $500K1 20%
  • $500K to $750K0 0%
  • $750K to $1M0 0%
  • $1M and up0 0%

Status

  • Active3 60%
  • Active Under Contract0 0%
  • Pending2 40%

Ask Jeff

Questions about homes in Panola Downs, Lithonia, GA?

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From the live numbers

Panola Downs, Lithonia, GA home market FAQ

How many homes are for sale in Panola Downs, Lithonia, GA right now?

5 residential listings in Panola Downs, Lithonia, GA are in current FMLS IDX inventory as of Oct 27, 2026, 8:54 AM ET: 3 Active, 0 Active Under Contract, 2 Pending. 0 were listed in the last 30 days.

What is the median list price for a home in Panola Downs, Lithonia, GA?

The median list price is $202,900 across 5 priced listings. That is 19% below the Lithonia, GA median of $249,500. These are asking prices, not closed sales or appraisals.

What is the median list price per square foot in Panola Downs, Lithonia, GA?

$134 per square foot (median of 5 listings with reported square footage), with a median home size of 1,776 square feet.

What kinds of homes are for sale in Panola Downs, Lithonia, GA?

Single-family homes: 5 (100%), median $202,900.

How long have homes in Panola Downs, Lithonia, GA been on the market?

The median listing has been on the market 49 days, measured from the listing contract date across 5 listings.

What is the estimated monthly payment on a median-priced home in Panola Downs, Lithonia, GA?

About $1,608 per month at $202,900 with 10% down on a 30-year conventional loan at 7.32% (Freddie Mac PMMS), including estimated property tax (about 0.9% a year), $1,500 a year for insurance and mortgage insurance. Estimate only, not a lender. Use the calculator on this page to change the inputs.

Figures are list prices from current FMLS IDX inventory (Active, Active Under Contract and Pending), not sales prices or appraisals.

Beyond homes

Also exploring Georgia investment real estate?

Jeff Crowe is a local, full-service agent with CENTURY 21 The Avenues who also works with buyers and sellers of apartment buildings, churches, commercial property and land across Georgia. The pages below are other property types and investor research, separate from the homes listed on this page.

Other property types for sale

Investor research and tools

Thinking about a rental or a building instead? Send Jeff a message.

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Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request. ©2026 First Multiple Listing Service, Inc.