Amarillo - TX housing market
The Amarillo metro has a typical home value of $221,932, up 3.1% from a year ago. Homes are moving fast at 17 days on market, a strong seller's market. 23% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($221,932) 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 3.1% over the past year. In Amarillo - TX, that means a home worth $215,259 last year is now worth roughly $221,932.
The median sale price , what homes actually close for , is $245,809. Homes are selling at 97.9% of list price, meaning buyers have room to negotiate.
Homes listed in Amarillo - TX sit on the market for roughly 17 days before going pending. Shorter = seller's market; longer = buyer's market.
About 22.7% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 339 new listings hit the market each month in Amarillo - TX. There are currently 1,052 homes for sale, down 21.4% from a year ago.
The typical monthly rent in Amarillo - TX is $1,282, up 5.3% year over year. For investors, the price-to-rent ratio here is roughly 14x annual rent.
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.
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Other metros in TX
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Dallas - TX | $366,701 | -3.0% | 25.0d |
| Houston - TX | $308,933 | -2.1% | 33.0d |
| San Antonio - TX | $280,370 | -1.9% | 37.0d |
| Austin - TX | $426,944 | -5.7% | 45.0d |
| McAllen - TX | $194,546 | +0.4% | 83.0d |
| El Paso - TX | $233,297 | +1.7% | 30.0d |