The story of this market
The typical home in ZIP 79121 sells for about $270,000, or $161 per square foot.
Prices are up +6.6% from a year ago, so sellers still have some momentum. Homes take about 43 days to sell. HUD's fair market rent for a two-bedroom is $1,250 a month.
ZIP 79121 — Amarillo
The housing market in ZIP 79121 remains stable with steady price appreciation and moderate inventory levels. Demand is supported by a strong local economy and high household incomes, though rising interest rates and insurance costs remain factors for buyers. Market conditions currently favor sellers due to limited supply of high-quality single-family homes.
This ZIP is ideal for families and professionals seeking established suburban neighborhoods with access to quality schools and convenient highway connectivity.
Median prices moved up 6.6% year over year.
Homes spend a median of 43 days on market with 2.2 months of supply — a fast-moving market.
16% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.8% · poverty 4.1% — 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 3.7%/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 2.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 79121, Randall County TX
Not determinable for this specific ZIP code; regional crime data for Amarillo is generally consistent with mid-sized Texas cities.
The area is served by the Amarillo Independent School District, which maintains a stable reputation with several highly-rated elementary and secondary schools.
The region is prone to high winds and occasional severe thunderstorms; property insurance premiums are influenced by these weather-related risks.
Economic momentum is driven by the healthcare, energy, and logistics sectors in the broader Amarillo area, with steady residential development in the southern corridors.
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 rely on personal vehicles for commuting, with easy access to I-27 and Loop 335 providing efficient transit to major employment hubs in Amarillo.
The area features proximity to Sleepy Hollow and various neighborhood parks, with convenient access to local shopping centers and dining along the Georgia Street corridor.
The rental market is characterized by moderate demand and stable vacancy rates, with a mix of single-family rentals and established apartment communities.
The local economy is anchored by the healthcare sector, including major medical centers, and the energy industry, which provides a stable employment base.
The area is served by a network of arterial roads and highways, with limited public transit options, making personal vehicle ownership essential.
Ongoing residential infill and commercial development continue along the southern expansion zones of the city.
Parcels are subject to Amarillo ISD taxes and various municipal utility district assessments where applicable.
Property insurance costs are moderate but reflect the regional risk of wind and hail damage common to the Texas Panhandle.
Data retrieved from US Census Bureau 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 EPIC4.51.9 mi
- Wonderland Amusement Park47 mi
- Maxwell's Pumpkin Farm4.67.1 mi
- Canyon Aqua Park4.314.3 mi
- Urban Air Trampoline and Adventure Park4.50.5 mi
- Amarillo Civic Center Complex4.66 mi
- Golden Corral Buffet & Grill40.9 mi
- The Lumberyard Canyon4.312.8 mi
- Dick Bivins Stadium4.37.5 mi
- Hodgetown Stadium4.75.8 mi
- The Big Texan Steak Ranch & Brewery4.49.9 mi
- Cadillac Ranch4.43.4 mi
- Cinergy Amarillo Featuring EPIC4.51.9 mi
- Cinemark Amarillo Hollywood 16 and XD4.54.4 mi
- Slug Bug Ranch4.79 mi
- The Big Texan Steak Ranch & Brewery4.49.9 mi
- Amarillo Route 664.43.8 mi
- Don Harrington Discovery Center4.51.8 mi
- Bill's Backyard Classics4.74.8 mi
- American Quarter Horse Hall of Fame & Museum4.66.9 mi
- Amarillo Botanical Gardens4.71.6 mi
- John Stiff Memorial Park4.32.1 mi
- Fort Amarillo RV Park4.51.9 mi
- Thompson Memorial Park4.46.8 mi
- Wildcat Bluff Nature Center4.74.1 mi
- Ross Rogers Golf Course4.46.5 mi
- Comanche Trail Golf Course4.47.4 mi
- Palo Duro Creek Golf Course4.412.7 mi
- Preston West Golf Course4.34.5 mi
- Westgate Mall4.20.5 mi
- Burlington4.32.9 mi
- T.J. Maxx4.20.3 mi
- Ross Dress for Less40.7 mi
- Natural Grocers4.52.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A central community green space serving the neighborhood.
Major retail and restaurant hub serving the southern Amarillo area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.