The story of this market
The typical home in ZIP 79124 sells for about $443,000, or $180 per square foot.
Prices are up +3.4% from a year ago, so sellers still have some momentum. Homes take about 155 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $2,500 a month.
ZIP 79124 — Amarillo
The 79124 housing market is experiencing strong appreciation and high demand, driven by limited inventory and a preference for suburban living. Prices have risen significantly year-over-year, reflecting the area's desirability and economic stability. Market conditions remain competitive for buyers, with homes selling at a steady pace.
This ZIP is ideal for families and professionals seeking suburban tranquility, high-quality schools, and modern housing stock within reach of Amarillo's urban amenities.
Median prices moved up 3.4% year over year.
Homes spend a median of 155 days on market with 5.6 months of supply — a slower-moving market.
13% of listings have cut prices · homes sell at 98.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.1% · poverty 2.5% — 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 5.9%/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 4.8%/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 79124, Potter/Randall County TX
The area generally reports lower crime rates compared to the broader Amarillo urban core, maintaining a suburban safety profile.
Schools serving this ZIP are part of the Amarillo ISD and Canyon ISD, generally characterized as high-performing with strong community support.
The region is subject to high-wind events and occasional severe thunderstorms; property insurance premiums reflect these regional climate risks.
Development momentum is driven by suburban residential expansion and proximity to major regional employment hubs in 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 rely on personal vehicles for commutes, with convenient access to major highways connecting to Amarillo's central business district.
The area features numerous neighborhood parks, walking trails, and proximity to regional golf courses and shopping centers along the I-27 corridor.
The rental market is characterized by high demand for single-family homes, with limited inventory and rising rent trajectories.
The local economy is anchored by healthcare, energy, and regional retail sectors, with significant employment provided by major Amarillo-based institutions.
Transportation is dominated by private vehicle use, with well-maintained arterial roads providing access to the broader Amarillo metro area.
Development is focused on low-density residential growth and supporting infrastructure improvements to accommodate population influx.
The Potter and Randall County Appraisal Districts manage property assessments, focusing on market-value parity across residential parcels.
Parcels are subject to school district taxes and potential municipal utility district assessments for infrastructure maintenance.
Property insurance markets are stable but sensitive to regional weather-related claims, particularly wind and hail damage.
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 EPIC4.57.1 mi
- Wonderland Amusement Park47.2 mi
- Maxwell's Pumpkin Farm4.612.8 mi
- Urban Air Trampoline and Adventure Park4.55.2 mi
- Canyon Aqua Park4.319.8 mi
- Amarillo Civic Center Complex4.67.9 mi
- Golden Corral Buffet & Grill45.2 mi
- The Lumberyard Canyon4.318.3 mi
- Dick Bivins Stadium4.39.6 mi
- Hodgetown Stadium4.77.9 mi
- The Big Texan Steak Ranch & Brewery4.412.2 mi
- Cadillac Ranch4.45 mi
- Cinergy Amarillo Featuring EPIC4.57.1 mi
- Cinemark Amarillo Hollywood 16 and XD4.510.1 mi
- Slug Bug Ranch4.711.3 mi
- The Big Texan Steak Ranch & Brewery4.412.2 mi
- Amarillo Route 664.45.5 mi
- Don Harrington Discovery Center4.54.6 mi
- Bill's Backyard Classics4.79.3 mi
- American Quarter Horse Hall of Fame & Museum4.69.4 mi
- Amarillo Botanical Gardens4.74.6 mi
- John Stiff Memorial Park4.37.6 mi
- Fort Amarillo RV Park4.54.4 mi
- Thompson Memorial Park4.47 mi
- Wildcat Bluff Nature Center4.71.7 mi
- Ross Rogers Golf Course4.46.6 mi
- Comanche Trail Golf Course4.410.8 mi
- Preston West Golf Course4.310.1 mi
- Westgate Mall4.25.2 mi
- Burlington4.36.3 mi
- T.J. Maxx4.25.7 mi
- Ross Dress for Less45.3 mi
- Natural Grocers4.57.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Private club offering golf and social amenities serving the area.
Major regional shopping destination located within a short drive.
Deterministic aggregate of 2 researched properties 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 2 researched properties on the ARED base layer. Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).