Amarillo, TX metro area Housing Market

Cold Market

Comprehensive housing market data for the Amarillo, TX metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: January 2026

Median Sale Price

$265K

10.4% YoY

Days on Market

75 days

2.7% YoY

Active Inventory

910

21.3% YoY

Homes Sold

197

1.5% YoY

Cold Market

Inventory is high and homes are sitting longer — a buyer's market.

Amarillo, TX metro area Market Summary

The Amarillo, TX metro area housing market is cooling down. As of January 2026, the median home sale price is $265K, up 10.4% year-over-year. Homes are spending a median of 75 days on the market, 2.7% longer than a year ago.

There are 910 homes for sale — 21.3% fewer than last year. With 4.6 months of supply, this is a balanced market. 308 new listings were added during this period, down 11.2% year-over-year.

Homes are selling for 67.3% of their list price on average, suggesting room for negotiation. 0.0% of homes sell above their asking price. 21.1% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

81

Contributing Factors

Months of Supply 4.6
Days on Market 75
Price Drops 21.1%
Sale-to-List Ratio 67.3%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $423K) 37.4%
Days on Market (National: 66) 13.6%
Inventory (National: 1,210,379) 99.9%

vs. Texas Median

Median Price (Texas: $330K) 19.6%
Days on Market (Texas: 88) 14.8%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 37% below the national median, which could indicate stronger cash flow potential.

Amarillo, TX metro area Market Trends

Median Sale Price

Median Days on Market

Active Inventory

Homes Sold

Price per Square Foot

Sale-to-List Ratio

New Listings

Listings with Price Drops

Detailed Market Metrics

Median List Price

$275K

Price per Sq Ft

$147

Sale-to-List Ratio

67.3%

Months of Supply

4.6

Sold Above List

0.0%

Price Drops

21.1%

New Listings

308

11.2% YoY

Pending Sales

286

Off Market in 2 Weeks

25.2%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.