The housing market in Amarillo, TX (zip code 79106) is in a strong position. The median value of homes in this area stands at $149,800, which is lower than the US median value of $338,100. However, the 1-year appreciation rate for homes in this area has been higher than the US average at 9.34%, suggesting that there is a strong demand for real estate in Amarillo. This high rate of appreciation indicates a stable and vibrant housing market in the city.
The median home cost in Amarillo (zip 79106) is $149,800. Home appreciation the last 10 years has been 65.7%. Home Appreciation in Amarillo (zip 79106) is up 14.3%.
Average Age of Homes
- The median age of Amarillo (zip 79106) real estate is 56 years old
The Rental Market in Amarillo (zip 79106)
- Renters make up 44.7% of the Amarillo (zip 79106) population
- 5.6% of houses and apartments in Amarillo (zip 79106), 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.