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Land Foreclosures in Amarillo, TX 79121

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Amarillo, TX Foreclosures

How much do homes sell for in Amarillo, TX?
The average home price is currently $227,980.
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 $10,006.

Living in Amarillo, TX

Amarillo, TX is a historically rich city that blends western charm with modern living. It's known for its outdoor attractions such as the stunning Palo Duro Canyon and offers a variety of cultural amenities including museums and theaters. With a friendly community and affordable housing options, Amarillo is an appealing place for both families and young professionals.

Current Market Conditions in Amarillo, TX

The Amarillo real estate market reflects a healthy balance between buyers and sellers, characterized by moderately rising home prices and steady demand. The city has seen an uptick in newcomers, driven by job opportunities in various sectors including healthcare and energy, and this has led to a competitive market.

Condo sales have particularly risen, with many urban professionals seeking convenient living options near downtown amenities. The market remains appealing for those looking to invest in rental properties, as the population growth continues to drive demand.

Home Value Estimator For Amarillo, TX

There are currently 82,066 real estate properties in Amarillo, TX, with a median automated valuation model (AVM) price of $191,138.00. 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 $227,980.00, 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 $10,006.00. 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 79121 Land

Market Trend for Amarillo, TX

Total Listings Available: 0

Market Values:

Home Prices from $10,006 to $8,591,300

Average Sales Price: $227,980

Rental Values:

Rental from $440 to $3,240

Average Rent Value: $1,238 / month

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