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Is Amarillo, TX 79104 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Amarillo is a buyer’s market. With about 8.3 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply8.3Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market12Listing to accepted offer
Median price per sq ft$109▼ −20.9% vs. last year

The Amarillo housing market right now

In the three months ending August 31, 2026, 0% of homes in Amarillo, TX 79104 sold above their list price, the typical home went under contract in 12 days and there were 8.3 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 5 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (35 days then) and the median sale price fell 1% to $146,936. Overall, Amarillo is more competitive than a year ago, so tougher for buyers.

Within Potter County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.

Run the numbers for 79104

Prefilled for 79104Can I win this house?Multiple-offer likelihood for a listing Prefilled for 79104Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Amarillo 79101Buyer’s market $91 /sq ftAmarillo 79102Balanced $123 /sq ftAmarillo 79103Seller’s market $132 /sq ftAmarillo 79106Seller’s market $134 /sq ft Browse all markets →

Towns like Amarillo nearby

Find towns like Amarillo in other states →
Amarillo, TX79107 · 3 miles away82% similarlarger Amarillo, TX79102 · 3 miles away75% similarpricier homes ($59K more) Amarillo, TX79103 · 1 miles away69% similarpricier homes ($38K more) · larger Borger, TX79007 · 40 miles away52% similarlarger · older residents

Where Amarillo is

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Questions about Amarillo real estate

Is Amarillo a buyer’s or seller’s market?

A buyer’s market: there were 8.3 months of supply in Amarillo, TX 79104 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Amarillo?

The typical home went under contract in 12 days in the latest three months.

Do homes in Amarillo sell over asking?

0% of homes sold above their original list price.

What are property taxes in Amarillo?

About 1.46% of a home’s value a year in Potter County, or roughly $5,840 on a $400,000 home.

What is the median home price in Amarillo?

The median sale price was $146,936 in the three months ending August 31, 2026, about $109 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology