The housing market in 79119 Amarillo, TX is currently thriving. The median value of homes in the area stands at $336,700, which is slightly lower than the US house median value of $338,100. However, the area has seen a higher appreciation rate over the last year than the US average rate; 9.34% compared to 8.27%, respectively. This indicates that home prices in 79119 Amarillo, TX have been rising faster than across the nation as a whole and makes it an attractive market for potential homeowners or investors.
The median home cost in Amarillo (zip 79119) is $336,700. Home appreciation the last 10 years has been 65.7%. Home Appreciation in Amarillo (zip 79119) is up 14.3%.
Average Age of Homes
- The median age of Amarillo (zip 79119) real estate is 12 years old
The Rental Market in Amarillo (zip 79119)
- Renters make up 21.6% of the Amarillo (zip 79119) population
- 3.4% of houses and apartments in Amarillo (zip 79119), 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.