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Is Amarillo, TX 79108 a buyer’s or seller’s market?

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

Amarillo is a seller’s market. With about 3.4 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply3.4Under 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 market45Listing to accepted offer
Median price per sq ft$148▲ +22.3% vs. last year

The Amarillo housing market right now

In the three months ending August 31, 2026, 0% of homes in Amarillo, TX 79108 sold above their list price, the typical home went under contract in 45 days and there were 3.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 29 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (47 days then) and the median sale price rose 34% to $241,396. Overall, Amarillo is about as competitive as it was a year ago.

Within Potter County, homes here sell more slowly than in 57% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Run the numbers for 79108

Prefilled for 79108Can I win this house?Multiple-offer likelihood for a listing Prefilled for 79108Over-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 79104Buyer’s market $109 /sq ft Browse all markets →

Towns like Amarillo nearby

Find towns like Amarillo in other states →
Amarillo, TX79110 · 9 miles away75% similarlarger · younger residents Fritch, TX79036 · 29 miles away71% similarcheaper homes ($31K less) · smaller Borger, TX79007 · 36 miles away71% similarcheaper homes ($50K less) · more single-family homes Amarillo, TX79103 · 7 miles away69% similarcheaper homes ($31K less) · younger residents

Where Amarillo is

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Questions about Amarillo real estate

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

A seller’s market: there were 3.4 months of supply in Amarillo, TX 79108 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 45 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 $241,396 in the three months ending August 31, 2026, about $148 per square foot.

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Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Potter County property taxesPotter County loan limitsClosing costs in TexasHottest ZIP codes in Texas
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology