North Amarillo, Amarillo, TX79110

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$165,000
0.1% YoY Growth
Median Household Income
$65,900
10.6% 5-Year Growth
Days on Market
42
2.0% Longer than last year
Home Price Forecast
0.7%
Median Rent
$1,200
8.8% YoY Growth
1-Bed Rent
$699
24.7% YoY Growth
2-Bed Rent
$1,050
4.8% YoY Growth
3-Bed Rent
$1,600
19.7% YoY Growth

Property Listings — North Amarillo, Amarillo, TX

As of Oct '25, Realtor.com reports that the median days on market for a home in North Amarillo, Amarillo, TX is 42. This is a increase of 2.0% from last year, suggesting that homes are sitting on the market longer 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.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$185,000-3.0%
Listing Count
8015.0%
Listings as % of Homes0.5%15.0%
Days on Market
422.0%
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Demographics — North Amarillo, Amarillo, TX

As of the latest ACS Survey released in 2023, North Amarillo, Amarillo, TX has a population of 18,500, which has decreased by -3.3% over the past 5 years. North Amarillo, Amarillo, TX is a popular place for families, as children make up 26.5% of the population. The area has a poorly educated workforce, with 15.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.0% reporting working from home.

MetricLatest CensusYoY % Change
Population
18,500-3.3%
% Under 18
26.5%-6.7%
% Seniors
11.1%6.7%
% WFH
5.0%66.7%
% w/ College Degree
15.0%-18.9%
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As of the latest ACS Survey released in 2023, North Amarillo, Amarillo, TX is a predominantly white area, with 60.8% of the population identifying as white. The white population has shrunk by 3.5% in the last 5 years. The second most common race or ethnicity in North Amarillo, Amarillo, TX is hispanic, making up 32.0% of the population. Foreign-born residents account for 4.9% of the population in North Amarillo, Amarillo, TX, and this percentage has increased by 2.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
60.8%-3.5%
% Black
4.4%25.7%
% Hispanic
32.0%6.3%
% Asian
1.4%55.6%
% Foreign Born
4.9%2.1%
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Mortgage and Risk — North Amarillo, Amarillo, TX

According to HUD data as of 2023, there were 349 mortgage originations in North Amarillo, Amarillo, TX, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 42.0% above 90% LTV (very high). This implies large mortgage risk in North Amarillo, Amarillo, TX. Investor activity is low, as 11.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
349
% Conventional Loans
66.0%
% Government Loans
34.0%
% Investor Loans
11.0%
% Second Loans
0.0%
% Cash Out Refinance
16.0%

Loan Activity

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Rentals and Section 8 — North Amarillo, Amarillo, TX

As of 2024, the percent of homes in North Amarillo, Amarillo, TX under the Section 8 program is 10.7%. 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 North 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
255
Total Units Section 8
252
% Rentals under Section 8
10.7%
% Occupied Section 8
72.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$431$699$1,130
2 Bedroom$330$1,050$1,380
3 Bedroom$300$1,600$1,900
4 Bedroom$200$2,000$2,200

Affordability — North Amarillo, Amarillo, TX

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.4
Median Home Price$165,000
Median Household Income$65,900

North Amarillo, Amarillo, TX — ZIP Code Boundary Map

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Frequently Asked Questions