79001
Amarillo, Texas
Amarillo 79001 needs watching.
The 79001 ZIP code in Amarillo, Texas has a median sale price of $109K, down N/A year-over-year. Homes spend an average of 91 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 27 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 79001.
The 79001 ZIP code shows a stalled pricing environment with homes selling at a median of $108,500, unchanged from the prior year. Properties are averaging 91 days on market, indicating weak absorption rates that exceed the typical 30-60 day window for balanced markets. Notably, zero homes have sold above asking price, signaling that sellers hold no pricing power and buyers face no competitive pressure in negotiations.
This market favors patient buyers with cash positions or strong financing who can negotiate below list price without competition. The 91-day average DOM creates leverage for purchasers willing to submit lowball offers on aging inventory. Sellers face unfavorable conditions and should avoid listing unless relocation or financial necessity drives the decision, as holding costs will likely exceed any near-term appreciation gains given flat pricing trends.
The PropIQ score of 27 out of 100 signals deteriorating fundamentals that warrant caution before capital deployment. This bottom-quartile rating suggests potential for further price softening if days on market extend beyond current levels or if inventory continues accumulating. Buyers should monitor whether DOM trends past 100 days and sellers should watch for any increase in distressed sales or foreclosure activity that could pressure valuations lower in subsequent quarters.
What is the median home price in 79001 Amarillo?
The median sale price in 79001 is $109K, down N/A year-over-year as of 2026-02-28.
How long do homes stay on the market in Amarillo 79001?
Homes in 79001 Amarillo spend an average of 91 days on market before going under contract.
Is Amarillo 79001 a good place to invest in real estate?
Folio's PropIQ™ score for 79001 is 27/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 27 mean for 79001?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 27 = Caution in 79001 Amarillo, Texas.