The story of this market
The typical home in Amarillo, Texas sells for about $250,000, or $155 per square foot.
Prices are up +6.3% from a year ago, so sellers still have some momentum. Homes take about 53 days to sell. HUD's fair market rent for a two-bedroom is $1,092 a month.
Monthly price momentum
Home values since 2015
+1.1%
TX · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Amarillo, Texas
The Amarillo housing market is showing resilience with a 6.3% year-over-year increase in median home prices, reflecting steady demand despite broader economic headwinds. While inventory remains tight, the market is somewhat competitive, driven by the city's affordability and role as a regional economic hub. Current conditions suggest a stable outlook for both buyers and sellers as the city continues to see moderate population growth.
No ARED county foreclosure postings attributed to Amarillo yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: median price diverges 13.5% from the nearest retained anchor (prior refresh cycle) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict.
Deterministic aggregate of 14 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved up 5.3% year over year.
Homes spend a median of 214 days on market with 0.2 months of supply — a balanced-paced market.
3% of listings have cut prices · homes sell at 97.87% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.1% · poverty 15.8% — a stable, low-distress profile.
- Cinergy Amarillo Featuring EPIC4.57.4 mi
- Wonderland Amusement Park42.3 mi
- Maxwell's Pumpkin Farm4.69.9 mi
- Canyon Aqua Park4.317.1 mi
- Urban Air Trampoline and Adventure Park4.55.8 mi
- Amarillo Civic Center Complex4.60.1 mi
- Golden Corral Buffet & Grill45.1 mi
- The Lumberyard Canyon4.315.6 mi
- Dick Bivins Stadium4.31.8 mi
- Hodgetown Stadium4.70.1 mi
- The Big Texan Steak Ranch & Brewery4.44.5 mi
- Cadillac Ranch4.48.9 mi
- Cinergy Amarillo Featuring EPIC4.57.4 mi
- Cinemark Amarillo Hollywood 16 and XD4.57.9 mi
- Slug Bug Ranch4.73.6 mi
- The Big Texan Steak Ranch & Brewery4.44.5 mi
- Amarillo Route 664.42.5 mi
- Don Harrington Discovery Center4.54.6 mi
- Bill's Backyard Classics4.73.7 mi
- American Quarter Horse Hall of Fame & Museum4.61.6 mi
- Amarillo Botanical Gardens4.74.7 mi
- John Stiff Memorial Park4.35.6 mi
- Fort Amarillo RV Park4.57.2 mi
- Thompson Memorial Park4.42.1 mi
- Wildcat Bluff Nature Center4.76.4 mi
- Ross Rogers Golf Course4.42.3 mi
- Comanche Trail Golf Course4.43.3 mi
- Palo Duro Creek Golf Course4.415.7 mi
- Preston West Golf Course4.38.2 mi
- Westgate Mall4.25.7 mi
- Burlington4.33 mi
- T.J. Maxx4.25.6 mi
- Ross Dress for Less46.4 mi
- Natural Grocers4.56.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
The second-largest canyon in the U.S., offering extensive hiking, biking, and camping opportunities that serve as a major regional draw.
A four-acre facility featuring diverse plant life and seasonal displays, serving as a key cultural and educational amenity for the city.
A revitalized corridor featuring historic architecture, local boutiques, and dining, which acts as a central hub for tourism and local social activity.
The primary regional shopping destination in the city, housing major retailers and serving as a commercial anchor for the western side of Amarillo.
Amarillo is well-suited for family buyers seeking affordability, as well as professionals and retirees looking for a lower cost of living. The city's stable housing market and proximity to major regional employers make it an attractive option for those prioritizing value and community-oriented living over high-density urban environments.
The city is primarily served by the Amarillo Independent School District, which is characterized by a broad range of academic and extracurricular offerings. Schools in the area generally maintain stable performance ratings, with several campuses recognized for strong community engagement and college-readiness programs.
The city is served by a network of major highways, including I-40 and I-27, which facilitate regional connectivity. Public transit is provided by Amarillo City Transit, though the city remains largely car-dependent for daily commuting.
Amarillo offers a robust amenity base anchored by the proximity to Palo Duro Canyon State Park, which provides extensive hiking and outdoor recreation. Within the city, residents utilize a network of municipal parks, the Amarillo Botanical Gardens, and the historic Route 66 district for dining and entertainment.
The rental market in Amarillo is characterized by steady demand, supported by a diverse workforce and a relatively low cost of living compared to national averages. Vacancy pressure remains moderate, with a mix of single-family rentals and multi-family complexes catering to both long-term residents and transient workers in the energy and medical sectors.
Amarillo's economy is anchored by the healthcare, energy, and food processing sectors, with major employers including Tyson Foods and various regional medical centers. The city maintains a stable economic outlook with consistent employment growth driven by its role as a regional hub for the Texas Panhandle.
Amarillo serves as the economic anchor for the Texas Panhandle, with major employment sectors including healthcare, energy, and food processing. Infrastructure development, particularly the expansion of Loop 335, continues to facilitate residential and commercial growth on the city's periphery.
Development activity is currently focused on the expansion of residential subdivisions in the western and southwestern parts of the city, alongside ongoing infrastructure improvements to the Loop 335 corridor.
Parcels in Amarillo are subject to various special districts, including the Amarillo Independent School District and local hospital districts, which provide specialized services and infrastructure funding.
Amarillo reports a violent crime rate of approximately 1.5 per 1,000 residents, which is significantly lower than the national average of 3.6 per 1,000. Property crime remains a focus for local law enforcement, but the city generally maintains a safety profile that compares favorably to other regional hubs in the Texas Panhandle.
The region faces moderate climate risks, primarily related to high-wind events and occasional severe thunderstorms common to the High Plains. Flood risk is generally localized, and the city maintains standard emergency management protocols for wildfire and weather-related hazards.
Property insurance in the region is influenced by the area's exposure to severe weather, including hail and high winds, leading to competitive but necessary premium structures for homeowners.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from U.S. Census Bureau QuickFacts and ACS 5-year estimates.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.