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Foreclosure Homes in Amarillo, TX

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Amarillo, TX Foreclosures

Current Market Conditions in in Amarillo, TX As of March 2026?
Over the past month, Amarillo's real estate market has seen a slight increase in competition among buyers, leading to quicker sales and minor price hikes on desirable properties. The overall housing inventory remains adequate, keeping the market reasonably balanced, although certain neighborhoods are showcasing a notable surge in demand.
How much do homes sell for in Amarillo, TX?
The average home price is currently $235,361.
In Amarillo, TX, how many homes are available?
There are currently 205 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 $9,239,284.
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 thriving city known for its rich history, diverse culture, and strong community spirit. The local economy is anchored by agriculture, healthcare, and education sectors, providing a stable job market. Residents enjoy access to various parks, museums, and outdoor activities, making it an ideal place for families and individuals alike.

Buyer vs Seller Market in Amarillo, TX

Amarillo's real estate market has shown resilience and growth in recent years. Home prices have remained relatively affordable compared to larger Texas cities, attracting both first-time homebuyers and investors. Additionally, the city is experiencing an influx of new residents seeking the charm and affordability that Amarillo offers.

Home Value Estimator For Amarillo, TX

There are currently 87,358 real estate properties in Amarillo, TX, with a median automated valuation model (AVM) price of $197,039.00. 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 $235,361.00, with the most expensive house in Amarillo, TX, topping out at $9,239,284.00 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 Foreclosures


Market Trend for Amarillo, TX

Total Listings Available: 205

Market Values:

Home Prices from $10,006 to $9,239,284

Average Sales Price: $235,361

Rental Values:

Rental from $440 to $3,240

Average Rent Value: $1,238 / month

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