Amarillo, TX Home Values & Market Trends

Real estate market trends reflect that there have been 4,615 transactions over the past year in Amarillo. The median value for residential home transactions that occurred over the previous year is $208,576.57. The number of current listings in Amarillo is 946, and the percentage of properties for sale in the city is 946.00%. Amarillo, TX currently has 45 properties in foreclosure, 10 bank owned properties, 35 properties headed for auction, and 946 properties for sale.

Amarillo, TX Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
79109

$ 258,250

$ 136/sqft

79102

$ 185,000

$ 121/sqft

79109

$ 258,250

$ 136/sqft

79102

$ 185,000

$ 121/sqft

79119

$ 443,850

$ 183/sqft

79108

$ 244,500

$ 132/sqft

79119

$ 443,850

$ 183/sqft

79108

$ 244,500

$ 132/sqft

79106

$ 209,900

$ 128/sqft

79121

$ 316,461

$ 138/sqft

79106

$ 209,900

$ 128/sqft

79121

$ 316,461

$ 138/sqft

79118

$ 325,000

$ 170/sqft

79103

$ 155,500

$ 129/sqft

79118

$ 325,000

$ 170/sqft

79103

$ 155,500

$ 129/sqft

79124

$ 441,109

$ 174/sqft

79104

$ 105,084

$ 113/sqft

79124

$ 441,109

$ 174/sqft

79104

$ 105,084

$ 113/sqft

79110

$ 189,888

$ 131/sqft

79101

$ 100,320

$ 83/sqft

79110

$ 189,888

$ 131/sqft

79101

$ 100,320

$ 83/sqft

79107

$ 135,402

$ 108/sqft

79111

$ --

$ --

79107

$ 135,402

$ 108/sqft

79111

$ --

$ --

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Housing Market Summary for Amarillo, TX

Mar 2023February 2024Change
Median Listing Price$249.7K$211.7K-15.21%
Median Sold Price$200.8K$211.7K5.43%
Homes For Sale65493242.51%
Homes Sold2,1822,2161.56%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Amarillo, TX

Amarillo home values range from $20,298 to $11,620,470. The median estimated value of a home in Amarillo is $208,576.57. The median list price of a home is 269,900, and the total count of properties in the city is 83,571.

Foreclosure
There are 28 zips within Amarillo, TX; within these zips, the median estimated home value for homes in foreclosure ranges from $462,996 in 79118 to the lowest value of $72,784 in 79118. Foreclosure homes account for 0.00% of properties in Amarillo, TX with 79109 containing 16 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Amarillo, TX with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 28 zips within Amarillo, TX; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Amarillo, TX ranges from the highest value of $320,552 in 79102 to the lowest value of $84,610 in 79106. Bank owned homes and properties account for 0.01% of properties in Amarillo, TX. There are 28 zips within Amarillo, TX; 79109 containing 4 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    79109 has 12 auction properties, the highest number of properties going to auction in a single zip in the state of Amarillo, TX. Auction homes and other auction properties account for 0.04% of all properties in Amarillo, TX. There are 28 zips within Amarillo, TX; of those zips, the median estimated home value for homes going to auction ranges from $364,525 in 79124 to the lowest value of $72,784 in 79124.
Homes for Sale
Homes and properties that are actively listed for sale account for 1.13% of residential properties in Amarillo, TX with 79109 containing 187 homes for sale, the highest number of listed properties in a single zip. There are 28 zips within Amarillo, TX; homes for sale in those zips, have a range of median values from $1,955,913 in 79124 to the lowest value of $39,900 in 79109.
    Sold Homes
    The median value for recently sold homes ranges from $912,215 in 79121 to the lowest price of $25,095 in 79121. There are 28 zips within Amarillo, TX. 79109 has 388 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.57% of properties in Amarillo, TX.

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      Guide for Amarillo, TX

      Home with a messy garden
      Foreclosure
      The Pros And Cons Of Buying A Foreclosed Property
      New York
      Lubbock Real Estate Sees 13% Dip in Property Values, Points to Buyer’s Market Trend
      New York
      Plano Real Estate Market Sees Volatility Amidst Steady Price Per Square Foot in 2023
      New York
      Fort Worth Property Market Report of 2023
      See More Articles
      Home with a messy garden
      The Pros And Cons Of Buying A Foreclosed Property
      Foreclosure|posted 11 August 2023

      Learn the pros and cons of buying a foreclosed property and invest in a foreclosure with confidence

      Lubbock Real Estate Sees 13% Dip in Property Values, Points to Buyer’s Market Trend
      New York|posted 29 February 2024

      The Lubbock real estate market has experienced various significant changes, such as a decline in average property values and sold prices.

      Plano Real Estate Market Sees Volatility Amidst Steady Price Per Square Foot in 2023
      New York|posted 28 February 2024

      This blog post gives an in-depth overview of the current trends and dynamics in the Plano, TX real estate market. It discusses property values, sales volumes, neighborhood variations, impacts of foreclosures and auctions, and overall market health, providing informative insights for prospective buyers and investors.

      Fort Worth Property Market Report of 2023
      New York|posted 15 February 2024

      Analysis of property market trends in Fort Worth, TX from November 2022 to December 2023