Market Intelligence · TX / Amarillo

Amarillo, TX 79121 Housing Market

The typical home in 79121 is worth $307,806, up 4.4% over the past year. The median list price sits at $392,500, with homes spending 51 days on market before sale.

Updated August 2026Median value$306K

The median home value in Amarillo, TX 79121 is $306K as of August 2026, up 5.2% 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 79121 range

$282K to $331K

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

+5.2% over 12 months

Typical home value in 79121 over the last 12 months: $291K in Aug 2025 to $306K in Aug 2026 (+5.2%).

Aug 2025$291K

Aug 2026$306K

The numbers

What is the 79121 housing market like?

Typical home value

$306K

Up5.2%YoY

Median list price

$393K

Down13.3%MoM

Days on market

51

Up18.6%MoM

Homes for sale

26

Down3.7%MoM

Price cuts

28.1%

Up20.7%MoM

New listings

16

Up60.0%MoM

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

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The comparison

How do 79121 home prices compare?

  • 79121$306,043
  • 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

There are 26 homes for sale in this zip code as of August 2026, with 16 new listings added recently. The median time to sale is 51 days. About 28.1% of listings have seen a price cut, which suggests some sellers are adjusting expectations in response to market conditions. Despite the year-over-year appreciation, the current pace of sales and frequency of price reductions indicate a measured market where buyers have options.

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