79109
Amarillo, Texas

# Market Report: ZIP Code 79109, Amarillo, TX

The 79109 ZIP code recorded a median sale price of $239,950 as of February 2026, representing a 2.1% year-over-year decline that signals cooling momentum in this Amarillo submarket. Properties are averaging 65.5 days on market, indicating moderate inventory absorption rates that exceed the sub-30-day threshold typically associated with seller-driven conditions. Notably, zero homes sold above list price during the measurement period, confirming buyer leverage has returned to this price segment after recent years of upward pressure.

This environment favors patient buyers with negotiating power, particularly first-time purchasers and value-oriented investors seeking sub-$250,000 entry points without bidding competition. The 65.5-day marketing period provides adequate time for thorough due diligence and inspection contingencies that were impractical during tighter market cycles. Sellers face headwinds and should anticipate list-price offers at best, making this ZIP less suitable for those requiring quick liquidity or equity maximization on recent purchases.

The PropIQ intelligence score of 45 out of 100 carries a "Caution" designation, suggesting deteriorating fundamentals that warrant defensive positioning rather than aggressive acquisition strategies. The combination of negative price growth, extended marketing times, and zero above-list sales points toward continued softness through mid-2026 unless employment or migration data shifts materially. Monitoring absorption rates and any movement toward the 30% price-reduction threshold will provide early indicators of whether this correction stabilizes or accelerates.