What Is the Average Home Price in Amarillo, Texas Right Now?

The median home price in Amarillo, Texas sits at approximately $225,000 to $235,000 in September 2026. That figure represents the midpoint of all closed sales, meaning half of homes sold for more and half sold for less. It is the most reliable single number for understanding where the market stands right now.

Median vs. Average: Why the Distinction Matters

The average (mean) sale price in Amarillo currently runs somewhat higher, closer to $255,000 to $270,000, because a handful of higher-end properties in areas like the Country Club neighborhood or along Tee Anchor Boulevard pull the average up. When people ask what the average home price in Amarillo Texas is right now, they usually want the median, because it reflects what a typical buyer is actually paying rather than what a statistical outlier is skewing the number toward.

Where Amarillo Prices Stand Today

To put those numbers in context, Amarillo's median price is well below the Texas statewide median, which has hovered in the $310,000 to $330,000 range through 2026. It is also far below major metros like Austin, Dallas, and Houston. That gap has drawn consistent attention from buyers relocating from higher-cost Texas cities, as well as from people moving in from out of state who are looking for a lower cost of entry without sacrificing a full-size city's amenities. Amarillo has a population of roughly 205,000, a major medical corridor along Wallace Boulevard, and a retail and dining core that continues to expand along Soncy Road and the Bell Street corridor.

For current tracking data, you can check Redfin's Amarillo housing market page, which updates monthly with median sale price, price per square foot, and days on market figures directly from MLS data.

2. What Different Price Points Get You in Amarillo Right Now

Knowing the median price is useful, but understanding what that money actually buys in Amarillo is what helps buyers make real decisions. The city's housing stock ranges from post-war brick bungalows near downtown to large new construction homes in developing subdivisions on the northwest and southwest edges of town.

Homes Under $200,000

Below $200,000, buyers can still find single-family homes in Amarillo, though the selection has tightened compared to 2023 and 2024. At this price point, you are typically looking at homes in the 1,000 to 1,500 square foot range, often built between the 1950s and 1980s, with brick exteriors and established lots. Areas near Georgia Street, the 45th Avenue corridor, and parts of east Amarillo still have inventory in this range. These homes often need cosmetic updates, but the bones are solid and the lot sizes are generous compared to what you would find in a newer subdivision.

The $200,000 to $325,000 Range

This is where the largest share of Amarillo's active listings sits in September 2026, and it covers a wide variety of homes. In the $200,000 to $260,000 band, buyers find updated 3-bedroom homes in established neighborhoods, some with recent kitchen and bath renovations, typically in the 1,400 to 1,900 square foot range. Moving up toward $280,000 to $325,000 opens up homes with 4 bedrooms, 2-car garages, and newer builds in subdivisions like Soncy South, Tascosa Hills, and areas near the Rick Husband Amarillo International Airport corridor. New construction in this range is available but often requires a 60 to 90 day build timeline.

Homes Priced $325,000 and Above

Above $325,000, Amarillo's market shifts toward larger homes, premium finishes, and specific locations that carry a geographic premium. The Wolflin area, with its tree-lined streets and Tudor and Colonial Revival architecture from the 1920s through 1940s, regularly sees listings in the $350,000 to $550,000 range depending on the level of renovation and lot size. Newer custom homes in developments near Bushland Road and the western edge of the city can push past $500,000 for 2,800 square feet and up. The price per square foot at this tier tends to run between $130 and $165, reflecting higher-end finishes, larger lots, and in some cases acreage.

3. How Amarillo Home Prices Have Changed Over the Past Year

Amarillo home prices have risen modestly from September 2025 to September 2026, with the median up roughly 3 to 5 percent year over year. That is a slower pace than the 8 to 12 percent annual gains seen in 2021 and 2022, but it reflects a market that has stabilized rather than corrected. Prices have not dropped; they have simply stopped accelerating at the same rate.

Year-Over-Year Price Movement

In September 2025, the Amarillo median hovered around $215,000 to $220,000. The move to approximately $225,000 to $235,000 in September 2026 represents steady appreciation without the volatility that hit larger Texas markets. Part of what keeps Amarillo's price floor stable is the city's economic base: Texas Tech University Health Sciences Center, BSA Health System, Northwest Texas Healthcare System, and a strong agricultural and energy sector provide consistent employment that does not swing as dramatically as tech-dependent metros.

Days on Market and Inventory Levels

Homes in Amarillo are currently spending an average of 30 to 45 days on market before going under contract, compared to 18 to 25 days during the peak activity of 2021 and 2022. That extra time gives buyers more room to conduct inspections and negotiate, but well-priced homes in the $200,000 to $280,000 range still move within the first two weeks. Active inventory sits at roughly 2.5 to 3.5 months of supply citywide as of September 2026, which puts Amarillo in a roughly balanced market rather than a strongly seller-favoring one.

You can track these figures month by month using Zillow's Amarillo home values page, which publishes the Zillow Home Value Index alongside recent sale data for the Amarillo metro area.

4. Price Variation Across Amarillo's Different Areas

The average home price in Amarillo Texas right now varies meaningfully depending on which part of the city you are looking at. Amarillo covers a large geographic footprint, and the price per square foot can differ by 30 to 40 percent between the most affordable pockets and the most sought-after corridors. Understanding those differences helps buyers set realistic expectations and helps sellers price competitively.

Central and Historic Corridors

The central city area, including the Wolflin neighborhood and the streets surrounding Ellwood Park and Memorial Park, carries some of the highest prices per square foot in Amarillo. Homes here are often 80 to 100 years old, with original hardwood floors, plaster walls, and mature pecan and elm trees that are simply not replicable in new construction. A fully renovated 2,200 square foot home in Wolflin can list in the $420,000 to $480,000 range, while a home that needs work on the same block might come in at $290,000 to $340,000. The variation is wide because renovation quality and completeness drive value more than location alone in this tier.

If you want a deeper look at this specific area, the Wolflin area real estate market guide on this site covers pricing, architecture, and what buyers should know before making an offer in that corridor.

Northwest Amarillo

Northwest Amarillo, roughly the area west of Coulter Street and north of Interstate 40, has seen some of the strongest new construction activity in the city over the past several years. Subdivisions along Tascosa Road and in the Bushland Independent School District boundary have added hundreds of homes since 2020. Prices in this corridor typically start around $280,000 for a new 3-bedroom, 2-bath home on a standard lot and move up toward $450,000 or more for larger custom builds. The trade-off compared to central Amarillo is lot size: many newer northwest subdivisions have smaller yards and less mature landscaping, though some custom home sites along the mesa edge offer panoramic views of the Canadian River breaks.

East and Southeast Amarillo

East and southeast Amarillo, including areas along Southeast 27th Avenue and near the Amarillo Botanical Gardens on Fisk Street, carry lower median prices than the northwest or central corridors. Buyers can find 3-bedroom brick homes in the $160,000 to $210,000 range in these areas, with lot sizes that are often larger than what you find in newer subdivisions. The housing stock here skews toward homes built in the 1960s through 1980s, many of which have been owner-occupied for decades and are in solid structural condition. For buyers working with a tighter budget, this part of the city offers the most square footage per dollar.

The Canyon and South Loop Corridor

South of Amarillo, the city of Canyon sits about 15 miles down US Highway 87 and has its own housing market that many Amarillo buyers consider. Canyon's median home price currently runs slightly below Amarillo's overall median, in the $200,000 to $215,000 range, though new construction in Canyon has pushed some listings well above $300,000. The commute from Canyon to central Amarillo takes roughly 20 to 25 minutes under normal traffic conditions, and West Texas A&M University anchors the local economy. Buyers who want more land for their dollar and are comfortable with the drive often find Canyon worth exploring alongside Amarillo proper.

5. What These Prices Mean for Buyers and Sellers Right Now

Understanding the average home price in Amarillo Texas is only useful if you know how to apply it to your specific situation. The market in September 2026 is more balanced than it was in 2021 and 2022, which changes the calculus for both buyers and sellers in meaningful ways.

Advice for Buyers Entering the Market

Buyers in September 2026 have more negotiating room than they did two or three years ago, but that room is not unlimited. Homes priced correctly for their condition and location still receive multiple offers within the first week. The buyers who are moving quickly are the ones who have their financing confirmed before they start touring homes. With current 30-year fixed mortgage rates still elevated compared to pre-2022 levels, getting pre-approved at your actual rate, not an estimate, is the step that separates serious buyers from ones who end up losing homes to faster-moving competitors.

For a full walkthrough of the buying process specific to Amarillo, including typical closing costs and timelines, the article on buying a home in Amarillo, Texas covers each step in detail.

Advice for Sellers Pricing Their Home

Sellers who overprice relative to comparable sales in September 2026 are sitting on the market longer than they need to. With 30 to 45 days on market as the current average, a home that has been listed for 60 or 70 days starts to carry a stigma that buyers notice. The strongest outcomes right now come from sellers who price at or just below the most recent comparable sales in their specific area of Amarillo, generate early showing activity, and let competition among buyers do the work. Cosmetic updates, particularly fresh interior paint, cleaned-up landscaping, and updated light fixtures, continue to pay off in this market because buyers are comparing multiple options and condition stands out.

For a detailed look at how to price and time a sale in Amarillo, the guide on selling a home in Amarillo, Texas walks through what sellers should expect from listing to closing.

If you are weighing whether this is the right moment to act, the article on whether right now is a good time to buy in Amarillo offers a straightforward look at the current conditions and what they mean for buyers who are still deciding.