Is Amarillo, TX 79124 a buyer’s or seller’s market?
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.
More competitive than 9% of U.S. ZIP codes, and #678 of 868 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Amarillo housing market right now
In the three months ending August 31, 2026, 0% of homes in Amarillo, TX 79124 sold above their list price, the typical home went under contract in 57 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 78 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (88 days then) and the median sale price rose 16% to $462,200. Overall, Amarillo is more competitive than a year ago, so tougher for buyers.
Within Potter County, homes here sell more slowly than in 71% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Amarillo ranks #678 of 868 TX ZIP codes with enough sales (score 16 out of 100).
Run the numbers for 79124
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 →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 79124 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 57 days in the latest three months.
Do homes in Amarillo sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 93.4% of the 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 $462,200 in the three months ending August 31, 2026, about $187 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