Home ValuePros

Market Intelligence · TX / Amarillo

Amarillo, TX 79118 Housing Market

Homes in Amarillo's 79118 ZIP typically appraise at $263,291, up 2.9% over the past year. Median list prices stand at $460,000, with homes taking 46 days on the market as of August 2026.

Updated August 2026Median value$263K

The median home value in Amarillo, TX 79118 is $263K as of August 2026, up 3.4% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 79118 range

$242K to $284K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+3.4% over 12 months

Typical home value in 79118 over the last 12 months: $254K in Aug 2025 to $263K in Aug 2026 (+3.4%).

Aug 2025$254K

Aug 2026$263K

The numbers

What is the 79118 housing market like?

Typical home value

$263K

Up3.4%YoY

Median list price

$460K

Down1.1%MoM

Days on market

46

Up2.2%MoM

Homes for sale

99

Up4.2%MoM

Price cuts

16.3%

Down1.8%MoM

New listings

40

Up5.3%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 79118 home prices compare?

  • 79118$262,678
  • Amarillo$174,596
  • Texas$262,445
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Amarillo: 13 ZIPs; Texas: 1,512 ZIPs; United States: 26,265 ZIPs).

Context

The 79118 market has 99 homes for sale with 40 new listings as of early August 2026. Median days on market sit at 46, indicating a moderate pace of sales activity. The share of listings with price cuts stands at 16.3%, suggesting some sellers are adjusting to market conditions. While the typical home value has gained 2.9% over the past year, the price-cut rate signals that pricing expectations may need calibration for current conditions.

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