79118 Home Values & Market Trends

There are 127 homes currently listed for 79118. 79118 real estate market trends show that home prices range from $139,900 to $1,750,000, and the median sales price in the 79118 zip code is $268,578.02. The total number of properties sold within the past twelve months is 651. In 79118, 11 properties are in foreclosure, 1 are bank owned properties,and 10 are headed for auction.

79118 Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Amarillo

$ 272,650

$ 141/sqft

Amarillo

$ 272,650

$ 141/sqft

Housing Market Summary for 79118

Mar 2023February 2024Change
Median Listing Price$294.9K$249.7K-15.33%
Median Sold Price$230.8K$249.7K8.18%
Homes For Sale10012121.00%
Homes Sold308291-5.52%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 79118

The median list price of a home in Amarillo, is $268,578.02. A total of 127 properties are for sale, and the percentage of properties for sale in the zip code is 127.00%. The total count of 79118 properties is 11,370.

Foreclosure
There are 2 cities within 79118; within these cities, the median estimated home value for homes in foreclosure ranges from $510,000 in amarillo to the lowest value of $72,440 in amarillo. Foreclosure homes account for 0.00% of properties in 79118 with amarillo containing 53 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 79118 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 2 cities within 79118; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 79118 ranges from the highest value of $282,370 in amarillo to the lowest value of $85,370 in amarillo. Bank owned homes and properties account for 0.01% of properties in 79118. There are 2 cities within 79118; amarillo containing 10 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    amarillo has 43 auction properties, the highest number of properties going to auction in a single city in the state of 79118. Auction homes and other auction properties account for 0.09% of all properties in 79118. There are 2 cities within 79118; of those cities, the median estimated home value for homes going to auction ranges from $510,000 in amarillo to the lowest value of $72,440 in amarillo.
Homes for Sale
Homes and properties that are actively listed for sale account for 1.12% of residential properties in 79118 with amarillo containing 938 homes for sale, the highest number of listed properties in a single city. There are 2 cities within 79118; homes for sale in those cities, have a range of median values from $2,950,000 in amarillo to the lowest value of $39,900 in amarillo.
    Sold Homes
    The median value for recently sold homes ranges from $1,497,106 in amarillo to the lowest price of $25,550 in amarillo. There are 2 cities within 79118. amarillo has 2107 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.46% of properties in 79118.

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      Guide for 79118

      Home with a messy garden
      Foreclosure
      The Pros And Cons Of Buying A Foreclosed Property
      New York
      Irving, TX Real Estate Market Sees Varying Dynamics Amid Fluctuating Property Values in Early 2024
      New York
      Arlington, Texas Sees Declining Home Values Amidst Stable Prices per Sq Ft as of February 2024
      New York
      Corpus Christi Real Estate Experiences Tidal Surge in Property Values
      See More Articles
      Home with a messy garden
      The Pros And Cons Of Buying A Foreclosed Property
      Foreclosure|posted 11 August 2023

      Learn the pros and cons of buying a foreclosed property and invest in a foreclosure with confidence

      Irving, TX Real Estate Market Sees Varying Dynamics Amid Fluctuating Property Values in Early 2024
      New York|posted 20 March 2024

      The real estate market in Irving, Texas and nearby cities presents diverse trends, with fluctuations in property values and sales volumes impacting investor attraction.

      Arlington, Texas Sees Declining Home Values Amidst Stable Prices per Sq Ft as of February 2024
      New York|posted 18 March 2024

      The Arlington, TX real estate market saw a decrease in average home value and sale price between May 2023 and February 2024, but maintained stability in price per square foot.

      Corpus Christi Real Estate Experiences Tidal Surge in Property Values
      New York|posted 12 March 2024

      The Corpus Christi, Texas real estate market is experiencing a rise in property values, offering potential for long-term investors. The city’s market stability, neighborhood diversity, and promising economic growth present a dynamic environment for various types of buyers.

      Recently Listed Homes 79118

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