79068
Amarillo, Texas
Amarillo 79068 needs watching.
The 79068 ZIP code in Amarillo, Texas has a median sale price of $170K, down -2.4% 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 41 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 79068.
The 79068 ZIP code shows a cooling market with a median sale price of $169,900, down 2.4% year-over-year as of February 2026. Homes are averaging 91 days on market, significantly above the typical 30-45 day benchmark for balanced conditions. No properties sold above asking price, indicating zero competitive pressure and consistent buyer negotiating leverage. This data reflects a definitive shift toward buyer-favorable conditions after recent price appreciation cycles.
Buyer demographics with flexible timelines benefit most from current conditions, particularly first-time purchasers seeking sub-$200,000 inventory without bidding pressure. The 91-day market time allows for thorough due diligence and inspection negotiations that compressed markets eliminate. Investors targeting cash-flow rental properties can negotiate 5-8% below list price given the zero above-ask metric, improving initial yield calculations. Sellers face extended holding costs and should price at or below recent comparables to avoid exceeding the 91-day average.
The PropIQ score of 41/100 signals caution regarding near-term appreciation potential, suggesting continued price softness through mid-2026. Markets scoring below 50 historically experience 12-18 month adjustment periods before stabilization. Monitor monthly absorption rates and new listing volume; if days-on-market exceeds 100 or year-over-year declines steepen beyond 3%, further price discovery is likely. The absence of competitive offers indicates demand hasn't matched current inventory levels.
What is the median home price in 79068 Amarillo?
The median sale price in 79068 is $170K, down -2.4% year-over-year as of 2026-02-28.
How long do homes stay on the market in Amarillo 79068?
Homes in 79068 Amarillo spend an average of 91 days on market before going under contract.
Is Amarillo 79068 a good place to invest in real estate?
Folio's PropIQ™ score for 79068 is 41/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 41 mean for 79068?
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 41 = Caution in 79068 Amarillo, Texas.