Bushland, Amarillo, TX—79118
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bushland, Amarillo, TX
As of Oct '25, the median home price in Bushland, Amarillo, TX is $252,000, with a year-over-year change of -0.8%. This indicates that home prices in Bushland, Amarillo, TX are flat. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $252,000 | -0.8% |
| Single Family | $252,000 | -0.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $183,000 | 1.1% |
3 Bed | $241,000 | 0.0% |
4 Bed | $333,000 | -0.9% |
| 5 Bed | $530,000 | 1.5% |
% of Housing Stock
Rental Trends — Bushland, Amarillo, TX
As of July '25, Rentcast reports the average rent in Bushland, Amarillo, TX is $1,910, with a year-over-year rent change of 1.6%. Per bedroom, the median rent as of July '25 in Bushland, Amarillo, TX is 1-bedrooms: $1,050, 2-bedrooms: $1,340, 3-bedrooms: $1,880, 4-bedrooms: $2,470. The most common rental property sizes in Bushland, Amarillo, TX are 3-bedroom and 2-bedroom, accounting for 48.7% and 22.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,850 | $1,910 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,050 | $1,050 |
| 2 Bed Rent | $1,400 | $1,340 |
| 3 Bed Rent | $1,850 | $1,880 |
| 4 Bed Rent | $2,350 | $2,470 |
% of Rental Stock
Property Listings — Bushland, Amarillo, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Bushland, Amarillo, TX is 58. This is a increase of 6.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $325,000 | 0.0% |
Listing Count | 143 | -10.0% |
| Listings as % of Homes | 1.1% | -10.0% |
Days on Market | 58 | 6.0% |
Demographics — Bushland, Amarillo, TX
As of the latest ACS Survey released in 2023, Bushland, Amarillo, TX has a population of 27,400, which has increased by 17.9% over the past 5 years. Bushland, Amarillo, TX is a moderately popular place for families, as children make up 23.6% of the population. The area has a moderately educated workforce, with 25.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 27,400 | 17.9% |
% Under 18 | 23.6% | -8.2% |
% Seniors | 13.0% | 15.0% |
% WFH | 7.7% | 133.3% |
% w/ College Degree | 25.5% | 22.0% |
As of the latest ACS Survey released in 2023, Bushland, Amarillo, TX is a predominantly white area, with 57.4% of the population identifying as white. The white population has shrunk by 17.8% in the last 5 years. The second most common race or ethnicity in Bushland, Amarillo, TX is hispanic, making up 35.4% of the population. Foreign-born residents account for 5.7% of the population in Bushland, Amarillo, TX, and this percentage has decreased by 1.7% 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 | 57.4% | -17.8% |
% Black | 3.5% | 52.2% |
% Hispanic | 35.4% | 50.6% |
% Asian | 1.6% | -44.8% |
% Foreign Born | 5.7% | -1.7% |
Mortgage and Risk — Bushland, Amarillo, TX
According to HUD data as of 2023, there were 738 mortgage originations in Bushland, Amarillo, TX, of which 59.0% of loans were conventional mortgages. The average loan-to-value was 80.0%, with 56.0% above 90% LTV (very high). This implies large mortgage risk in Bushland, Amarillo, TX. Investor activity is low, as 2.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 738 |
% Conventional Loans | 59.0% |
% Government Loans | 41.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Bushland, Amarillo, TX
As of 2024, the percent of homes in Bushland, Amarillo, TX under the Section 8 program is 1.2%. 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. 1-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Bushland, Amarillo, TX, because HUD payments exceed market rent, while 2-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 25 |
Total Units Section 8 | 25 |
% Rentals under Section 8 | 1.2% |
% Occupied Section 8 | 73.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $100 | $1,050 | $1,150 |
| 2 Bedroom | $0 | $1,400 | $1,400 |
| 3 Bedroom | $70 | $1,850 | $1,920 |
| 4 Bedroom | -$120 | $2,350 | $2,230 |
Affordability — Bushland, Amarillo, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $252,000 |
| Median Household Income | $87,000 |