Housing in 79107 Amarillo, TX is a great investment opportunity. The median value of homes in this area is $93,100, significantly lower than the US median value of $338,100. Additionally, the one year house appreciation rate for the US is 8.27%, while it is 9.34% for 79107 Amarillo, TX - higher than the national average. This makes it an attractive place to purchase real estate as potential buyers can expect to see a good return on their investments in this area.
The median home cost in Amarillo (zip 79107) is $93,100. Home appreciation the last 10 years has been 65.7%. Home Appreciation in Amarillo (zip 79107) is up 14.3%.
Average Age of Homes
- The median age of Amarillo (zip 79107) real estate is 56 years old
The Rental Market in Amarillo (zip 79107)
- Renters make up 33.8% of the Amarillo (zip 79107) population
- 3.0% of houses and apartments in Amarillo (zip 79107), 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.