The housing market in 79109 Amarillo, TX is prosperous. The median value of homes is $218,000 which is much lower than the US median house value of $338,100. In addition, the 1 year house appreciation rate for 79109 Amarillo, TX is 9.34%, which means that property values have increased significantly in the past year. This shows that real estate investments in this area can be very lucrative and a smart financial decision.
The median home cost in Amarillo (zip 79109) is $218,000. Home appreciation the last 10 years has been 65.7%. Home Appreciation in Amarillo (zip 79109) is up 14.3%.
Average Age of Homes
- The median age of Amarillo (zip 79109) real estate is 45 years old
The Rental Market in Amarillo (zip 79109)
- Renters make up 37.8% of the Amarillo (zip 79109) population
- 4.5% of houses and apartments in Amarillo (zip 79109), 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.