Housing Report for Amarillo
In Amarillo, the census reported 96,125 homes in the year 2005. This MSA has gone through a medium level of growth in the number housing units, adding in all 3,618 housing units since the year 2001, or 3.9 percent.
The residential real estate values in Amarillo, Texas have experienced moderate increases from the housing values in 2000. The residential values have increased by $14,700, or 18.8 percent, from their 2000 median values of $78,000.
In the State of Texas, Amarillo places 15 of the 25 metro areas by percent in growth of new residential structures. The metropolitan area places 243 of 361, in terms of residential real estate percentage change compared to other United States metro areas.
There is a large amount of affordable housing in Amarillo, Texas. In 2005, 69.7 percent of owner-occupied dwellings were valued under $125k.
Amarillo recorded median owner-occupied home value in the year 2005 of $92,700, published by the American Community Survey. This median is less than the Texas 2005 median home value of $106,000 and less than home value of $167,500 for the rest of the nation in that year.
Amarillo has a small, but present percentage of high-priced residential real estate. For the year 2005, the American Community Survey reports that 0.4 percent of owner-occupied dwellings were valued over a half a million dollars.
Data Source: U.S. Census Bureau
The residential real estate values in Amarillo, Texas have experienced moderate increases from the housing values in 2000. The residential values have increased by $14,700, or 18.8 percent, from their 2000 median values of $78,000.
In the State of Texas, Amarillo places 15 of the 25 metro areas by percent in growth of new residential structures. The metropolitan area places 243 of 361, in terms of residential real estate percentage change compared to other United States metro areas.
There is a large amount of affordable housing in Amarillo, Texas. In 2005, 69.7 percent of owner-occupied dwellings were valued under $125k.
Amarillo recorded median owner-occupied home value in the year 2005 of $92,700, published by the American Community Survey. This median is less than the Texas 2005 median home value of $106,000 and less than home value of $167,500 for the rest of the nation in that year.
Amarillo has a small, but present percentage of high-priced residential real estate. For the year 2005, the American Community Survey reports that 0.4 percent of owner-occupied dwellings were valued over a half a million dollars.
Data Source: U.S. Census Bureau
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