The story of this market
The typical home in ZIP 79119 sells for about $386,496, or $168 per square foot.
Prices are up +3.3% from a year ago, so sellers still have some momentum. Homes take about 60 days to sell. HUD's fair market rent for a two-bedroom is $2,000 a month.
ZIP 79119 — Amarillo
The 79119 housing market is currently balanced, with a median price of $386,496 and steady year-over-year growth of 3.3%. Market activity is driven by consistent demand for suburban family homes, though elevated inventory levels have resulted in a neutral market environment for buyers and sellers alike.
This ZIP is ideal for families and professionals seeking suburban living with access to top-rated schools and modern amenities, while offering a balance between city convenience and residential space.
Median prices moved up 3.3% year over year.
Homes spend a median of 60 days on market with 14.2 months of supply — a slower-moving market.
19% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 4.8% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 79119, Randall County TX
Crime rates in the 79119 area are generally considered lower than the Amarillo city average, reflecting its suburban character.
The area is served by highly-rated schools within the Amarillo Independent School District, which are frequently cited as a primary draw for families.
The region is subject to standard North Texas weather risks, including high winds and occasional hail, with flood risk generally low in this elevated terrain.
Development is driven by steady residential expansion and proximity to major medical and retail hubs in southwest Amarillo.
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).
Residents primarily commute by car, with easy access to I-27 and Loop 335 providing efficient routes to downtown Amarillo and major employment centers.
The area features proximity to several community parks, local golf courses, and the extensive shopping and dining corridors along Soncy Road.
The rental market is characterized by moderate demand for single-family homes, with rents trending upward due to limited inventory of high-quality rental stock.
The local economy is anchored by healthcare, energy, and retail sectors, with major employers including BSA Health System and Northwest Texas Healthcare System.
Transportation is heavily reliant on private vehicles, with major highway corridors like I-27 and Loop 335 facilitating regional connectivity.
The city continues to approve infrastructure improvements for the southwest corridor to support the ongoing residential growth.
The Potter-Randall Appraisal District manages property assessments for the area, utilizing annual market value adjustments.
Parcels are subject to standard municipal, county, and school district taxes, with some areas potentially falling under specific utility service districts.
Property insurance premiums are influenced by regional weather patterns, including wind and hail exposure, which are common in the Texas Panhandle.
Texas continues to see positive net domestic migration, with Amarillo attracting residents from across the state and region.
Texas operates under a non-judicial foreclosure process, allowing for relatively efficient resolution of defaulted mortgages.
Texas law requires sellers to provide a written disclosure notice to buyers regarding the condition of the property.
Data retrieved from data.census.gov ZCTA-level tables.
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.
- Cinergy Amarillo Featuring EPIC4.54 mi
- Wonderland Amusement Park412.7 mi
- Maxwell's Pumpkin Farm4.66.5 mi
- Canyon Aqua Park4.311.3 mi
- Urban Air Trampoline and Adventure Park4.56 mi
- Amarillo Civic Center Complex4.611.5 mi
- Golden Corral Buffet & Grill46.6 mi
- The Lumberyard Canyon4.310.1 mi
- Dick Bivins Stadium4.312.8 mi
- Hodgetown Stadium4.711.3 mi
- Cadillac Ranch4.44.7 mi
- Cinergy Amarillo Featuring EPIC4.54 mi
- Cinemark Amarillo Hollywood 16 and XD4.55.1 mi
- Amarillo Botanical Gardens4.77.3 mi
- Amarillo Zoo & Sanctuary412.6 mi
- The Big Texan Steak Ranch & Brewery4.414.9 mi
- Amarillo Route 664.49.5 mi
- Don Harrington Discovery Center4.57.5 mi
- Bill's Backyard Classics4.79.1 mi
- American Quarter Horse Hall of Fame & Museum4.612.1 mi
- Amarillo Botanical Gardens4.77.3 mi
- John Stiff Memorial Park4.35.9 mi
- Fort Amarillo RV Park4.55.5 mi
- Thompson Memorial Park4.412.5 mi
- Wildcat Bluff Nature Center4.78.7 mi
- Ross Rogers Golf Course4.412.2 mi
- Comanche Trail Golf Course4.412 mi
- Palo Duro Creek Golf Course4.49.8 mi
- Preston West Golf Course4.34.8 mi
- Westgate Mall4.26.1 mi
- Burlington4.38.4 mi
- T.J. Maxx4.26 mi
- Ross Dress for Less45.4 mi
- Natural Grocers4.54.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A popular community park offering walking trails and recreational space.
A premier private golf facility serving the greater Amarillo area.
The primary regional shopping destination located within a short drive.
Deterministic aggregate of 1 researched property in this ZIP (latest reading each) — each property weighs one; per point, properties lacking the value are excluded. Property-level records (taxes, scores, permits) never roll individually.
No county-record distress flags across 1 researched property on the ARED base layer. Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).