The story of this market
The typical home in ZIP 79104 sells for about $130,000, or $121 per square foot.
Prices are roughly flat from a year ago (-0.04%), a market in balance. Homes take about 226 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 79104 — Amarillo
The 79104 housing market is an entry-level segment of Amarillo with a median price of $130,000. High vacancy rates and low sales volume suggest a cautious outlook for investors, though the area remains an affordable option for local buyers.
This ZIP is primarily suited for experienced local investors and budget-conscious buyers who are comfortable navigating a market with higher vacancy risks and lower entry price points.
Median prices moved down 0.0% year over year.
Homes spend a median of 226 days on market with 7.0 months of supply — a slower-moving market.
18% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
ZCTA 79104, Potter County TX
The area is characterized as a local-operator market with entry-level pricing, requiring deep local knowledge for successful investment.
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).
The area offers access to local parks and is situated within reach of Amarillo's central shopping and dining districts.
The rental market shows a vacancy rate of 14.5%, which is above national norms, indicating potential pressure for landlords.
The economy is tied to the broader Amarillo market, which features a mix of healthcare, education, and regional trade industries.
Data sourced from Repit and local market reports.
- Cinergy Amarillo Featuring EPIC4.59.2 mi
- Wonderland Amusement Park43.5 mi
- Maxwell's Pumpkin Farm4.610.6 mi
- Canyon Aqua Park4.317.6 mi
- Urban Air Trampoline and Adventure Park4.57.9 mi
- Amarillo Civic Center Complex4.62.2 mi
- Golden Corral Buffet & Grill47.2 mi
- The Lumberyard Canyon4.316.1 mi
- Dick Bivins Stadium4.30.5 mi
- Hodgetown Stadium4.72.2 mi
- The Big Texan Steak Ranch & Brewery4.42.2 mi
- Cadillac Ranch4.411 mi
- Cinergy Amarillo Featuring EPIC4.59.2 mi
- Cinemark Amarillo Hollywood 16 and XD4.59.1 mi
- Slug Bug Ranch4.71.3 mi
- The Big Texan Steak Ranch & Brewery4.42.2 mi
- Amarillo Route 664.44.8 mi
- Don Harrington Discovery Center4.56.8 mi
- Bill's Backyard Classics4.74.5 mi
- American Quarter Horse Hall of Fame & Museum4.61 mi
- Amarillo Botanical Gardens4.76.9 mi
- John Stiff Memorial Park4.37.2 mi
- Fort Amarillo RV Park4.59.4 mi
- Thompson Memorial Park4.43.5 mi
- Wildcat Bluff Nature Center4.78.7 mi
- Ross Rogers Golf Course4.43.9 mi
- Comanche Trail Golf Course4.42.4 mi
- Preston West Golf Course4.39.5 mi
- Westgate Mall4.27.8 mi
- Burlington4.35.1 mi
- T.J. Maxx4.27.6 mi
- Ross Dress for Less48.5 mi
- Natural Grocers4.58.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Several parks are located within the community, providing green space for residents.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.