Real Estate Market Update for 79107 (Amarillo, TX)
Welcome to July's Market Update. Let’s take a look at residential real-estate activity in your area during the month of June. The number of active listings was up 13% from one year earlier, and did not change from the previous month. These latest figures mean that buyers had a greater selection of homes to choose from compared to the same month the previous year. As you can see, the median listing price for the month was just under 60-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 63%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 50-thousand dollars. The number of units sold increased 30% year-over-year, and increased 44% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 79107 (Amarillo, TX)
Area Information for 79107 (Amarillo, TX)
  • Population: 34,646
  • Median Age: 29.52 yr
  • Median Commute Time: 19 mins
  • Educational Climate*: 1
  • Sales Tax: 6%
  • Population Density: 2,065/sq mi
  • Population Change Since 2000: 9.33%
  • Closest Airport: Rick Husband Amarillo International
  • Closest College: Texas Tech University-school Of Medicine
  • Closest Jr. College: Amarillo College
  • Median Household Income: $31,676
  • Annual Residential Turnover: 20%
  • Median Home Sales Price: $63,617
  • Closest Major Sports Team: Midland Rockhounds (aa)
  • Change Avg. Household Income Since 2000: 16.12%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 79107 (Amarillo, TX)
Median Age: 29.52 Married: 29% Number of Households: 10,963 Households with Children: 4,509
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 79107 (Amarillo, TX)

      School Name Distance Type Grades School Rating Parent Rating
      Eastridge Elementary School 3.3 mi Public PRESCHOOL-5 1 0
      Mesa Verde Elementary School 3.9 mi Public PRESCHOOL-5 2 0
      Whittier Elementary School 4.7 mi Public PRESCHOOL-5 5 0
      Forest Hill Elementary School 4.8 mi Public PRESCHOOL-5 1 0
      Travis Middle School 4.9 mi Public 6-8 1 0
      Rogers Elementary School 5.7 mi Public PRESCHOOL-5 1 0
      Hamlet Elementary School 5.8 mi Public PRESCHOOL-5 1 0
      Palo Duro High School 6.0 mi Public 9-12 2 0
      Emerson Elementary School 6.1 mi Public PRESCHOOL-5 1 0
      Robert E Lee Elementary 6.4 mi Public PRESCHOOL-5 2 0
      Mann Middle School 6.5 mi Public 7-8 2 0
      North Heights Alternative School 7.4 mi Public UNGRADE-UNGRADE 0 0
      Carver Early Childhood Academy 7.4 mi Public PRESCHOOL-1 0 0
      Carver El Academy 7.8 mi Public 2-5 2 3
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for 79107 (Amarillo, TX)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.