Amarillo, TX Home Values & Market Trends

Real estate market trends reflect that there have been 4,651 transactions over the past year in Amarillo. The median value for residential home transactions that occurred over the previous year is $208,728.41. The number of current listings in Amarillo is 886, and the percentage of properties for sale in the city is 886.00%. Amarillo, TX currently has 51 properties in foreclosure, 11 bank owned properties, 40 properties headed for auction, and 886 properties for sale.

Amarillo, TX Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
79109

$ 250,000

$ 134/sqft

79110

$ 188,499

$ 135/sqft

79109

$ 250,000

$ 134/sqft

79107

$ 118,132

$ 99/sqft

79119

$ 461,720

$ 185/sqft

79110

$ 188,499

$ 135/sqft

79119

$ 461,720

$ 185/sqft

79107

$ 118,132

$ 99/sqft

79118

$ 319,917

$ 167/sqft

79108

$ 200,160

$ 125/sqft

79118

$ 319,917

$ 167/sqft

79108

$ 200,160

$ 125/sqft

79106

$ 225,000

$ 121/sqft

79102

$ 174,707

$ 124/sqft

79106

$ 225,000

$ 121/sqft

79102

$ 174,707

$ 124/sqft

79124

$ 437,201

$ 169/sqft

79121

$ 329,900

$ 137/sqft

79124

$ 437,201

$ 169/sqft

79121

$ 329,900

$ 137/sqft

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Housing Market Summary for Amarillo, TX

Oct 2022September 2023Change
Median Listing Price$250K$214.3K-14.28%
Median Sold Price$209.6K$214.3K2.24%
Homes For Sale69677010.63%
Homes Sold2,9612,448-17.33%
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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Recently Sold Homes

Explore recent offers and recently sold homes in Amarillo, TX

Browse Homes in Amarillo, TX

Amarillo home values range from $19,352 to $12,351,147. The median estimated value of a home in Amarillo is $208,728.41. The median list price of a home is 260,000, and the total count of properties in the city is 83,514.

Foreclosure
There are 28 zips within Amarillo, TX; within these zips, the median estimated home value for homes in foreclosure ranges from $463,857 in 79108 to the lowest value of $47,817 in 79108. Foreclosure homes account for 0.00% of properties in Amarillo, TX with 79106 containing 10 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 $184,029 in 79103 to the lowest value of $47,817 in 79108. Bank owned homes and properties account for 0.01% of properties in Amarillo, TX. There are 28 zips within Amarillo, TX; 79106 containing 4 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    79110 has 8 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 0.05% 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 $234,869 in 79119 to the lowest value of $107,250 in 79119.
Homes for Sale
Homes and properties that are actively listed for sale account for 1.06% of residential properties in Amarillo, TX with 79109 containing 151 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 $2,500,000 in 79121 to the lowest value of $28,000 in 79107.
    Sold Homes
    The median value for recently sold homes ranges from $924,250 in 79121 to the lowest price of $21,068 in 79121. There are 28 zips within Amarillo, TX. 79109 has 424 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.96% of properties in Amarillo, TX.

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      Guide for Amarillo, TX

      Home Buying Financing
      What is an REO Property and How to Buy It
      Home Buying Guides
      The Difference Between A Short Sale And A Foreclosure
      Home Buying Guides
      What Happens When A Property Goes Into Foreclosure?
      Home Buying Guides
      Avoiding Scams in Pre-Foreclosure Deals
      See More Articles
      What is an REO Property and How to Buy It
      Home Buying Financing|posted 27 September 2023

      Have you been interested in REO, or real estate owned, properties? RealtyTrac helps you understand what they are and how can you buy one.

      The Difference Between A Short Sale And A Foreclosure
      Home Buying Guides|posted 26 September 2023

      You know what a foreclosure is. You are familiar with short sales. But what are the true differences between them?

      What Happens When A Property Goes Into Foreclosure?
      Home Buying Guides|posted 24 September 2023

      Want to learn about the foreclosure process? Our article explains it all.

      Avoiding Scams in Pre-Foreclosure Deals
      Home Buying Guides|posted 30 August 2023

      How do you avoid scams when you are in pre-foreclosure? We’ve got the info here.

      Recently Listed Homes Amarillo, TX