Amarillo - TX housing market

The typical home value ($221,823) is the Zillow Home Value Index for the Amarillo - TX metro area: a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 3.4% over the past year. In Amarillo - TX, that means a home worth $214,529 last year is now worth roughly $221,823.

The median sale price, what homes actually close for, is $255,406. Homes are selling at 98.1% of list price, meaning buyers have room to negotiate.

Homes listed in Amarillo - TX sit on the market for roughly 16 days before going pending. Shorter = seller's market; longer = buyer's market.

About 24.0% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 336 new listings hit the market each month in Amarillo - TX. There are currently 1,049 homes for sale, down 23.2% from a year ago.

The typical monthly rent in Amarillo - TX is $1,290, up 5.8% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 14.3x, buying territory (#161 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.71% 30-year rate, runs about $1,146 a month in principal and interest, $144 less than renting before taxes, insurance and upkeep. The two break even at a 7.90% rate.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt September 2026. Methodology →