Foreclosure Homes in Amarillo, TX 79109

Current Market Conditions in Amarillo, TX

The Amarillo real estate market is seeing stable growth, with a healthy mix of buyers and sellers. Recent trends indicate an increasing demand for homes, particularly among first-time buyers and families looking for spacious properties suitable for their needs.

As of late 2023, the market shows favorable conditions for sellers, with home prices gradually rising due to limited inventory and sustained interest in the area. These trends position Amarillo as an attractive target for real estate investment.

Rent Prices In Amarillo, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Amarillo, TX, is on a rollercoaster ride. The average rent price in Amarillo, TX, is $1,238.00. Indeed, when looking to rent in Amarillo, TX, you can expect to pay as little as $440.00 or as much as $3,240.00, with the average rent median estimated to be $1,200.00. The good news is that finding an affordable and desirable property to rent in Amarillo, TX -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.