Amarillo, TX is a great place to purchase a home. The median value of homes in Amarillo is $188,500 which is significantly lower than the US median at $338,100. Over the past year, house values have increased by 9.35%, higher than the national appreciation rate of 8.27%. With such great appreciation and affordable prices, Amarillo is an ideal place for anyone looking to buy a home.
The median home cost in Amarillo is $188,500. Home appreciation the last 10 years has been 65.7%. Home Appreciation in Amarillo is up 14.3%.
Average Age of Homes
- The median age of Amarillo real estate is 47 years old
The Rental Market in Amarillo
- Renters make up 35.2% of the Amarillo population
- 4.3% of houses and apartments in Amarillo, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.