Amarillo Heights, Amarillo, TX—79104
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Amarillo Heights, Amarillo, TX
As of Oct '25, the median home price in Amarillo Heights, Amarillo, TX is $107,000, with a year-over-year change of -2.7%. This indicates that home prices in Amarillo Heights, Amarillo, TX are decreasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $107,000 | -2.7% |
| Single Family | $107,000 | -1.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $87,000 | -2.2% |
3 Bed | $122,000 | 0.0% |
4 Bed | $136,000 | -0.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Amarillo Heights, Amarillo, TX
As of July '25, Rentcast reports the average rent in Amarillo Heights, Amarillo, TX is $939, with a year-over-year rent change of -8.8%. Per bedroom, the median rent as of July '25 in Amarillo Heights, Amarillo, TX is 1-bedrooms: $615, 2-bedrooms: $917, 3-bedrooms: $1,290, 4-bedrooms: $850. The most common rental property sizes in Amarillo Heights, Amarillo, TX are 2-bedroom and 3-bedroom, accounting for 46.2% and 34.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $850 | $939 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $615 | $615 |
| 2 Bed Rent | $900 | $917 |
| 3 Bed Rent | $1,150 | $1,290 |
| 4 Bed Rent | $850 | $850 |
% of Rental Stock
Property Listings — Amarillo Heights, Amarillo, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Amarillo Heights, Amarillo, TX is 39. This is a decrease of -31.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $150,000 | -9.0% |
Listing Count | 12 | 4.0% |
| Listings as % of Homes | 0.1% | 4.0% |
Days on Market | 39 | -31.0% |
Demographics — Amarillo Heights, Amarillo, TX
As of the latest ACS Survey released in 2023, Amarillo Heights, Amarillo, TX has a population of 7,240, which has increased by 3.5% over the past 5 years. Amarillo Heights, Amarillo, TX is a popular place for families, as children make up 29.9% of the population. The area has a poorly educated workforce, with 6.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,240 | 3.5% |
% Under 18 | 29.9% | 1.0% |
% Seniors | 12.2% | 8.9% |
% WFH | 4.2% | 133.3% |
% w/ College Degree | 6.3% | 31.2% |
As of the latest ACS Survey released in 2023, Amarillo Heights, Amarillo, TX is a predominantly hispanic area, with 70.6% of the population identifying as hispanic. The hispanic population has shrunk by 3.2% in the last 5 years. The second most common race or ethnicity in Amarillo Heights, Amarillo, TX is white, making up 22.0% of the population. Foreign-born residents account for 18.2% of the population in Amarillo Heights, Amarillo, TX, and this percentage has decreased by 30.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 22.0% | -7.6% |
% Black | 3.2% | 88.2% |
% Hispanic | 70.6% | -3.2% |
% Asian | 1.6% | 6.7% |
% Foreign Born | 18.2% | -30.8% |
Mortgage and Risk — Amarillo Heights, Amarillo, TX
According to HUD data as of 2023, there were 49 mortgage originations in Amarillo Heights, Amarillo, TX, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Amarillo Heights, Amarillo, TX. Investor activity is high, as 24.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 49 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 24.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Amarillo Heights, Amarillo, TX
As of 2024, the percent of homes in Amarillo Heights, Amarillo, TX under the Section 8 program is 6.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Amarillo Heights, Amarillo, TX, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 195 |
Total Units Section 8 | 75 |
% Rentals under Section 8 | 6.3% |
% Occupied Section 8 | 68.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $245 | $615 | $860 |
| 2 Bedroom | $150 | $900 | $1,050 |
| 3 Bedroom | $290 | $1,150 | $1,440 |
| 4 Bedroom | $830 | $850 | $1,680 |
Affordability — Amarillo Heights, Amarillo, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.1 |
| Median Home Price | $107,000 |
| Median Household Income | $47,800 |