79118 Home Values & Market Trends

There are 475 homes currently listed for 79118. 79118 real estate market trends show that home prices range from $64,999 to $2,500,000, and the median sales price in the 79118 zip code is $268,940. The total number of properties sold within the past twelve months is 479. In 79118, 14 properties are in foreclosure, 7 are bank owned properties,and 7 are headed for auction.

79118 Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Amarillo

$ 252,663

$ 151/sqft

Amarillo

$ 252,663

$ 151/sqft

Housing Market Summary for 79118

Sep 2025September 2026Change
Median Listing Price$287.5K$279K-2.96%
Median Sold Price$285.5K$258.6K-9.44%
Homes For Sale28046566.07%
Homes Sold210165-21.43%
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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 79118

The median list price of a home in Amarillo, is $268,940. A total of 475 properties are for sale, and the percentage of properties for sale in the zip code is 475.00%. The total count of 79118 properties is 668.

Foreclosure
There are 2 cities within 79118; within these cities, the median estimated home value for homes in foreclosure ranges from $895,000 in amarillo to the lowest value of $39,900 in amarillo. Foreclosure homes account for 2.00% of properties in 79118 with amarillo containing 135 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 79118 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 2 cities within 79118; of those cities, 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 79118 ranges from the highest value of $895,000 in amarillo to the lowest value of $39,900 in amarillo. Bank owned homes and properties account for 1.05% of properties in 79118. There are 2 cities within 79118; amarillo containing 94 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    amarillo has 41 auction properties, the highest number of properties going to auction in a single city in the state of 79118. Auction homes and other auction properties account for 1.05% of all properties in 79118. There are 2 cities within 79118; of those cities, the median estimated home value for homes going to auction ranges from $608,158 in amarillo to the lowest value of $67,917 in amarillo.
Homes for Sale
Homes and properties that are actively listed for sale account for 71.11% of residential properties in 79118 with amarillo containing 3264 homes for sale, the highest number of listed properties in a single city. There are 2 cities within 79118; homes for sale in those cities, have a range of median values from $3,450,000 in amarillo to the lowest value of $35,000 in amarillo.
    Sold Homes
    The median value for recently sold homes ranges from $1,877,593 in amarillo to the lowest price of $22,000 in amarillo. There are 2 cities within 79118. amarillo has 1448 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 24.70% of properties in 79118.

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      Guide for 79118

      Home with a messy garden
      Foreclosure
      The Pros And Cons Of Buying A Foreclosed Property
      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      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

      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.