Home Value in Amarillo: Median $180,000 (2026)
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What’s your Amarillo, TX home worth in 2026? With a median home value of $180,000, Amarillo remains one of the more affordable housing markets, offering strong potential for first-time buyers and investors. Home values have moved up 5.5% year-over-year, reflecting moderate growth in the Amarillo market. The average home spans 1,756 square feet with 2.9 bedrooms, at $103/square foot. Understanding your home’s value — and which improvements boost it most — can help you make smarter renovation decisions.
TL;DR — Home Values in Amarillo
The median home value in Amarillo, TX is $180,000, up 5.5% year-over-year. Average price per square foot is $103. Home improvements can significantly boost your value — get your free report to see which upgrades offer the best ROI in Amarillo.
Home Values in Amarillo, TX (2026)
The Amarillo real estate market shows moderate growth conditions in 2026. Here’s a snapshot of current property values and characteristics based on Potter and Randall Counties assessment data and recent sales.
| Metric | Amarillo Average | State Average |
|---|---|---|
| Median Home Value | $180,000 | $285,000 |
| Price Per Square Foot | $103 | $150 |
| Average Living Area | 1,756 sq ft | 2,058 sq ft |
| Average Lot Size | 9,336 sq ft | 11,002 sq ft |
| Average Bedrooms | 2.9 | 3.0 |
| Year-over-Year Change | up5.5% | up5.2% |
Home Improvement ROI in Amarillo
Not all home improvements add equal value. Based on Amarillo market data and national cost-vs-value studies, here’s how much value each improvement typically adds to a Amarillo home.
| Improvement | Average Cost | Value Added | ROI |
|---|---|---|---|
| Roof Replacement | Get Free Report | Get Free Report | 68% |
| Solar Panel Installation | Get Free Report | Get Free Report | 64% |
| Interior/Exterior Paint | Get Free Report | Get Free Report | 121% |
| New Fence | Get Free Report | Get Free Report | 49% |
| Gutter Replacement | Get Free Report | Get Free Report | 79% |
Maximize Your Home Value
In Amarillo, the highest-ROI improvements are exterior upgrades that boost curb appeal. Get your free home value report to see exactly how much each improvement adds to your Amarillo home value.
Amarillo Real Estate Market Factors
Location and Market Drivers
Several factors drive Amarillo home values: local job growth, school quality, proximity to amenities, and neighborhood demand. Amarillo’s housing stock has a median build year of 1978, meaning many homes benefit from strategic updates. The market is currently a balanced market with homes selling in 21 days on average. Properties in Potter and Randall Counties are assessed annually at a 1.81% tax rate, resulting in approximately $3,977 per year in property taxes for the median-priced home.
Amarillo Housing Market Insights
What’s Driving Amarillo Home Values
The Amarillo real estate market shows moderate growth conditions with a 5.5% year-over-year increase in home values. Homes sell in an average of 21 days. For homeowners planning improvements, the data is clear: curb appeal matters most. A new roof delivers 68% ROI, fresh paint returns 121% of its cost, and solar panels add 64% of their cost to home value. Focus on visible, exterior improvements for the best return.
| Median Days on Market | 21 days in Amarillo |
| Homes Sold Last Year | 5,024 in Potter and Randall Counties |
| Median Year Built | 1978 for Amarillo homes |
| Property Tax Rate | 1.81% in Potter and Randall Counties |
Amarillo Home Value Pro Tip
Before listing your Amarillo home or planning major improvements, get a comparative market analysis (CMA) from a local real estate agent — it’s usually free and more accurate than any online estimate. For the best ROI on improvements, focus on what buyers see first: roof, paint, landscaping, and the front door. In Amarillo’s current market (21-day average sale time), move-in ready homes command a significant premium — often 5-10% above asking.
Amarillo Property Assessments & Taxes
Understanding your property assessment can help you challenge overvaluations and reduce your tax burden. Here’s how assessments work in Potter and Randall Counties.
| Assessment Authority | Potter and Randall Counties Assessor’s Office |
| Property Tax Rate | 1.81% of assessed value |
| Annual Tax on Median Home | $3,977 (approximate) |
| Assessment Cycle | Annual |
Can improvements raise your taxes? Major improvements like additions can trigger reassessment. However, maintenance and repairs (roof replacement, painting, gutter work) typically do not increase your assessed value in Texas.
Best Time to Buy or Sell in Amarillo
In Amarillo, the best time to sell is typically spring (March-May) when buyer activity peaks and homes show best with natural light and greenery. However, Amarillo’s market moves fast year-round — even winter listings sell in 21 days on average. If you’re planning improvements before selling, start 3-6 months out to complete work and let paint/landscaping settle before listing.
How We Estimate Home Values
Our Amarillo home value estimates are based on multiple data sources, updated quarterly:
- Property records: ATTOM property data including living area, lot size, bedrooms, year built, and sales history
- Market data: Recent comparable sales and listing prices in the Amarillo metro area
- Satellite measurements: Google Earth and proprietary AI models for roof area and exterior measurements
- Cost-vs-value data: National Association of Realtors and Remodeling Magazine cost-vs-value reports, adjusted for Texas pricing
- Tax records: Potter and Randall Counties Assessor’s Office property assessment data
Estimates are for informational purposes only and should not be used as a substitute for a professional appraisal. Actual home values depend on condition, features, and current market conditions.
Frequently Asked Questions — Amarillo Home Values
What is the median home value in Amarillo, TX?
The median home value in Amarillo, TX is $180,000 as of 2026, up 5.5% from the previous year. The average home has 1,756 square feet of living space, 2.9 bedrooms, and sits on a 9,336 square foot lot. Price per square foot averages $103, compared to the TX state average of $150.
How much are property taxes in Amarillo?
Property taxes in Amarillo (Potter and Randall Counties) are approximately 1.81% of assessed value. For the median home ($180,000), that comes to approximately $3,977 per year. Potter and Randall Counties assessments occur annual. Note that routine maintenance (painting, roof replacement, gutter work) typically does not trigger a reassessment, while additions and major renovations may.
Is Amarillo a good place to buy a house in 2026?
Amarillo’s median home value of $180,000 offers reasonable affordability with 5.5% annual appreciation. The market is a balanced market with homes selling in 21 days on average, giving buyers limited time to make decisions.
What home improvements add the most value in Amarillo?
In Amarillo, roof replacement offers the best ROI at 68%, followed by interior/exterior painting at 121%. Solar panels can add 64% of their cost to your home value while also reducing energy bills. Curb appeal improvements consistently deliver the best returns in the Amarillo market.
How accurate are online home value estimates for Amarillo?
Online home value estimates for Amarillo typically fall within 5-10% of actual sale prices for standard properties. Our estimates use ATTOM property records, satellite measurements, and Potter and Randall Counties assessment data. For the most accurate valuation, combine our estimate with a comparative market analysis from a local Amarillo real estate agent.
Amarillo Home Improvement Cost Calculators
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