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Foreclosures in Amarillo, TX 79110

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Amarillo, TX Foreclosures

How much do homes sell for in Amarillo, TX?
The average home price is currently $230,109.
In Amarillo, TX, how many homes are available?
There are currently 2 active home listings available in Amarillo.
What’s the average rental cost in Amarillo, TX?
The average rental price in Amarillo is $1,238.
What is the most expensive home in Amarillo?
The most expensive home sold in Amarillo had a price of $8,591,300.
What is currently the cheapest priced home in Amarillo, TX?
The cheapest home for sale in Amarillo is priced at $10,033.

Living in Amarillo, TX

Amarillo, Texas, located in the Texas Panhandle, is known for its rich western heritage and its friendly small-town atmosphere. With a low cost of living, residents enjoy a relaxed lifestyle with quick access to various outdoor activities and amenities. Its vibrant community hosts numerous events throughout the year, making it a welcoming place for families and new residents alike.

Current Market Conditions in Amarillo, TX

Amarillo's real estate market has shown strong growth in recent months, driven by an influx of new residents drawn by the affordable housing market and job opportunities in sectors like healthcare and energy. The demand for homes has led to a competitive market, pushing prices up, though they remain lower than many urban counterparts in Texas.

The trend of increasing home prices has been significant, with numerous families moving to the area seeking better living conditions and job opportunities. Currently, new developments are in progress to accommodate this growth, especially in residential sectors and commercial spaces.

Home Value Estimator For Amarillo, TX

There are currently 82,004 real estate properties in Amarillo, TX, with a median automated valuation model (AVM) price of $192,732.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Amarillo, TX, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Amarillo, TX, is $230,109.00, with the most expensive house in Amarillo, TX, topping out at $8,591,300.00 and the cheapest home in Amarillo, TX, clocking in at $10,033.00. In other words, there’s something for every potential homebuyer or savvy investor in Amarillo, TX!

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.

Amarillo, TX 79110 Foreclosures

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