The housing market in Amarillo, TX (79111) is performing quite well compared to the US median value of $338,100. The median home value in Amarillo is $138,400, which shows that it is significantly lower than the national average. Additionally, the one year appreciation rate for homes in Amarillo is 9.34%, which is higher than the US 1 year appreciation rate of 8.27%. This indicates that real estate prices in Amarillo are increasing faster than the national average and may be a good option for those looking to purchase a home or invest in the area's housing market.
The median home cost in Amarillo (zip 79111) is $138,400. Home appreciation the last 10 years has been 65.7%. Home Appreciation in Amarillo (zip 79111) is up 14.3%.
Average Age of Homes
- The median age of Amarillo (zip 79111) real estate is 59 years old
The Rental Market in Amarillo (zip 79111)
- Renters make up 92.9% of the Amarillo (zip 79111) population
- 11.6% of houses and apartments in Amarillo (zip 79111), 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.