The housing market in 79121 Amarillo, TX is doing particularly well compared to the US average. According to the data, the median value of a house in this area is $260,400, which is significantly lower than the US median value of $338,100. Despite this lower cost of entry, 79121 Amarillo has seen an even higher appreciation rate than the US average over the past year at 9.34%, versus 8.27% nationwide. This speaks to both a healthy economy and healthy demand for housing in this area and suggests that it could be a good place to look for potential investments or new homes.
The median home cost in Amarillo (zip 79121) is $260,400. Home appreciation the last 10 years has been 65.7%. Home Appreciation in Amarillo (zip 79121) is up 14.3%.
Average Age of Homes
- The median age of Amarillo (zip 79121) real estate is 32 years old
The Rental Market in Amarillo (zip 79121)
- Renters make up 23.9% of the Amarillo (zip 79121) population
- 6.0% of houses and apartments in Amarillo (zip 79121), 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.