Markets/Texas/Amarillo

Amarillo, TX Real Estate Market 2026

Investor-grade market analytics for Amarillo, Texas. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through July 2026.

Median Home Price

$221,823

+3.4% year-over-year

Est. Rental Yield

7.0%

gross annual

12-Month Forecast

+3.3%

base case (Zillow ZHVF)

+3.3% year-over-year

Climate Risk

26/100

Low

Market Momentum

๐Ÿ”ฅ
Hot
2.6mo supply ยท Score +5/7

Net migration: Top 25% nationally

Income Migration

โžก๏ธ Neutral1.01x

In-migrants avg $56,079 AGI vs out-migrants $55,299

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Opportunity Zone Market

3 ZIP codes in Amarillo are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more โ†’

Amarillo Market Summary

Amarillo, TX shows steady growth at 3.4% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability remains favorable with a price-to-income ratio of 3.33x, below the national average of 4.8x. Modest net positive migration (+148 returns/year) provides steady demand support. Climate risk remains low (26/100), favorable for long-term investment stability. Rental yield of 6.98% is strong, making this market attractive for buy-and-hold investors.

Affordability

Affordability Score95/100
Price-to-Income Ratio3.3x (national avg 4.8x)
Median Household Income$66,571

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case+1.7%
Base Case+3.3%
Bull Case+5.0%

Climate & Natural Hazard Risk

Amarillo, TX's primary climate exposure is wind storms (43/100). The composite climate risk score of 26/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Amarillo dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.