Amarillo, TX

Population: 196,429
Average annual home appreciation rate: 3.09%
Total of homes for sale in this market: 1,057
Median home price: $110,945
Median Rent: $602 per room
Home price range: 41.45% of homes are between $100,001 – $199,000
Median sales price: $39,585
Number of homes: 228
Median foreclosure sales price: NO DATA
Foreclosure discount: NO DATA
Most common home type: 70.62% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 9.25%
Number of renters: 37.11%
Number of owner occupied: 62.89%
Number people living below poverty level: 16.88%
Unemployment rate: 3.30%
Is this area perfect for real estate deals going on right now? Relative to Texas, our data show that Amarillo’s latest annual appreciation rate is lower than 60% of the other cities and towns in Texas. The combination of great home prices, rental rates, and possitive appreciation rates, could be the right recipe for the savvy buy and hold investor.

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