Southeast Amarillo, Amarillo, TX—79106
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Southeast Amarillo, Amarillo, TX
As of Oct '25, the median home price in Southeast Amarillo, Amarillo, TX is $162,000, with a year-over-year change of 1.4%. This indicates that home prices in Southeast Amarillo, Amarillo, TX are increasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $162,000 | 1.4% |
| Single Family | $162,000 | 1.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $63,000 | -3.1% |
2 Bed | $100,000 | -2.9% |
3 Bed | $187,000 | 1.1% |
4 Bed | $266,000 | 1.1% |
| 5 Bed | $339,000 | 0.9% |
% of Housing Stock
Rental Trends — Southeast Amarillo, Amarillo, TX
As of July '25, Rentcast reports the average rent in Southeast Amarillo, Amarillo, TX is $1,150, with a year-over-year rent change of 5.5%. Per bedroom, the median rent as of July '25 in Southeast Amarillo, Amarillo, TX is studios: $1,200, 1-bedrooms: $744, 2-bedrooms: $1,030, 3-bedrooms: $1,450, 4-bedrooms: $1,780. The most common rental property sizes in Southeast Amarillo, Amarillo, TX are 2-bedroom and 1-bedroom, accounting for 35.1% and 34.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,000 | $1,150 |
| Studio Rent | $1,200 | $1,200 |
| 1 Bed Rent | $750 | $744 |
| 2 Bed Rent | $925 | $1,030 |
| 3 Bed Rent | $1,400 | $1,450 |
| 4 Bed Rent | $1,750 | $1,780 |
% of Rental Stock
Property Listings — Southeast Amarillo, Amarillo, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Southeast Amarillo, Amarillo, TX is 50. This is a decrease of -6.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $216,000 | 14.0% |
Listing Count | 126 | -7.0% |
| Listings as % of Homes | 0.6% | -7.0% |
Days on Market | 50 | -6.0% |
Demographics — Southeast Amarillo, Amarillo, TX
As of the latest ACS Survey released in 2023, Southeast Amarillo, Amarillo, TX has a population of 27,900, which has increased by 3.3% over the past 5 years. Southeast Amarillo, Amarillo, TX is a popular place for families, as children make up 25.8% of the population. The area has a poorly educated workforce, with 24.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 27,900 | 3.3% |
% Under 18 | 25.8% | 0.8% |
% Seniors | 17.0% | 13.3% |
% WFH | 6.6% | 69.2% |
% w/ College Degree | 24.5% | 2.9% |
As of the latest ACS Survey released in 2023, Southeast Amarillo, Amarillo, TX is a predominantly white area, with 55.5% of the population identifying as white. The white population has shrunk by 10.0% in the last 5 years. The second most common race or ethnicity in Southeast Amarillo, Amarillo, TX is hispanic, making up 33.2% of the population. Foreign-born residents account for 9.0% of the population in Southeast Amarillo, Amarillo, TX, and this percentage has increased by 8.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 55.5% | -10.0% |
% Black | 5.7% | -18.6% |
% Hispanic | 33.2% | 29.2% |
% Asian | 3.5% | 133.3% |
% Foreign Born | 9.0% | 8.4% |
Mortgage and Risk — Southeast Amarillo, Amarillo, TX
According to HUD data as of 2023, there were 356 mortgage originations in Southeast Amarillo, Amarillo, TX, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 47.0% above 90% LTV (very high). This implies large mortgage risk in Southeast Amarillo, Amarillo, TX. Investor activity is low, as 10.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 356 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 10.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Southeast Amarillo, Amarillo, TX
As of 2024, the percent of homes in Southeast Amarillo, Amarillo, TX under the Section 8 program is 16.4%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Southeast Amarillo, 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 | 932 |
Total Units Section 8 | 932 |
% Rentals under Section 8 | 16.4% |
% Occupied Section 8 | 70.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $150 | $750 | $900 |
| 2 Bedroom | $175 | $925 | $1,100 |
| 3 Bedroom | $110 | $1,400 | $1,510 |
| 4 Bedroom | $10 | $1,750 | $1,760 |
Affordability — Southeast Amarillo, Amarillo, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $162,000 |
| Median Household Income | $54,400 |