The Amarillo, TX Metro Area is an attractive housing market for people looking to move or invest in the region. The median value of homes in the area is $178,700, which is significantly lower than the US median home value of $338,100. Over the last year, house values have appreciated 13.53%, which is higher than the national appreciation rate of 8.27%. This makes the area a great place to consider when looking for a home to purchase and hold as an investment.
The median home cost in Amarillo Metro Area is $178,700. Home appreciation the last 10 years has been 65.2%. Home Appreciation in Amarillo Metro Area is up 13.9%.
Average Age of Homes
- The median age of Amarillo Metro Area real estate is 44 years old
The Rental Market in Amarillo Metro Area
- Renters make up 32.2% of the Amarillo Metro Area population
- 3.5% of houses and apartments in Amarillo Metro Area, 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.