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Amarillo

Why you'd want to live in Amarillo

Amarillo serves as the cultural and financial center of the sprawling Texas Panhandle, a 26-county region slightly larger than West Virginia. The city is famous for its cattle production and rugged ranching landscape, but that Western heritage balances against a thriving arts community and vibrant downtown scene. While agriculture and energy remain dominant industries in the region, Amarillo’s central location has helped shape it into a rapidly diversifying economy. And despite the relatively low cost of living, locals enjoy many of the attractions and benefits of larger metropolitan areas – including a popular Double-A baseball franchise, attention-getting murals and public art, and outdoor recreation in the spectacular Palo Duro Canyon State Park, 25 miles south of the city. Interstate 40 and the Route 66 legacy bring more than 2 million visitors through the city each year. Visitors and locals alike are quick to tout the city’s open skies and open arms, as the expansive horizons result in epic sunsets and residents have a reputation for friendliness. Beyond those highlights, visitors are often surprised at Amarillo’s diversity. The local calendar boasts plenty of annual rodeos, but this is far more than a cowboy town. Decades of refugee resettlement have brought new flavors and faces to the area. Tex-Mex cuisine and barbecue are prominent here, but the local food scene also includes family-owned Somali cafes, Ethiopian markets and Thai restaurants. Amarillo’s population is about 200,000, but that number only tells part of the story. For decades, the city has been the shopping, entertainment and health care hub for the 430,000-plus residents of the Texas Panhandle. Both a gateway to the West and a regional destination, Amarillo is a growing city with a laid-back, small-town feel. via realestate.usnews.com

Amarillo Market Report

$339,033

AVERAGE PRICE OF 1,984 HOMES

$262,041

AVERAGE PRICE OF 17 DISTRESSED HOMES

$2,117,273

AVERAGE PRICE OF 75 MULTI-MILLION DOLLAR HOMES

$457,588

AVERAGE PRICE OF 150 NEWLY BUILT HOMES

$623,903

AVERAGE PRICE OF 80 HOMES WITH A POOL

$322,524

AVERAGE PRICE OF 70 REDUCED PRICE HOMES

Average Home

Average Price $339,033
Avg Bedrooms 2.08 beds
Avg Bathrooms 1.46 baths

Average Price by Bedrooms

1 bedroom $123,988
2 bedrooms $156,204
3 bedrooms $295,539
4 bedrooms $457,904
5 bedrooms $697,565
Amarillo Home Price Trends
  5/2025 4/2025 3/2025 2/2025 1/2025
Total Listings 1,971 1,960 1,948 1,918 1,857
Average Price $337,670 $325,516 $323,630 $315,652 $310,951
Avg Price Change +3.73% +0.58% +2.53% +1.51% -0.96%
Median Price $226,605 $220,406 $220,540 $218,690 $212,812
Med Price Change +2.81% -0.06% +0.85% +2.76% -1.63%
Avg Bedrooms 2.11 beds 2.06 beds 2.04 beds 2.03 beds 1.98 beds
Avg Bathrooms 1.46 baths 1.42 baths 1.4 baths 1.39 baths 1.35 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Tascosa 246 $385,322 82 days
Total Homes Average Price Avg Days on Site
All Homes 1,984 $339,033 117 days
Distressed Homes 17 $262,041 92 days
Multi-Million Dollar Homes 75 $2,117,273 189 days
Newly Built Homes 150 $457,588 98 days
Homes with a Pool 80 $623,903 84 days
Reduced Price Homes 70 $322,524 75 days

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