79119
Amarillo, Texas
Amarillo 79119 needs watching.
The 79119 ZIP code in Amarillo, Texas has a median sale price of $419K, up +5.0% year-over-year. Homes spend an average of 63 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 55 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 79119.
The Amarillo 79119 market reports a median sale price of $419,000 as of February 2026, representing a 5.0% year-over-year increase that trails both state and national appreciation rates. Properties average 63 days on market, indicating moderate absorption rather than competitive velocity. Notably, zero homes have closed above list price in the current period, signaling that buyer urgency has evaporated and sellers hold limited pricing power in negotiations.
This environment favors patient buyers with financing certainty who can leverage the 63-day inventory sit time to negotiate below-ask transactions. The absence of above-list sales creates conditions for inspection-based concessions and appraisal-gap negotiations that were unavailable in tighter cycles. Sellers facing timeline pressure are disadvantaged, while those who can wait for their price may endure extended marketing periods given current absorption metrics.
The PropIQ score of 55 reflects transitional risk as price growth decelerates from previous peaks. The combination of rising days-on-market and zero competitive offers suggests demand softening that could compress the 5.0% appreciation rate in subsequent quarters. Buyers should monitor whether DOM extends beyond 70 days, which would indicate oversupply conditions and potential price corrections rather than continued modest gains.
What is the median home price in 79119 Amarillo?
The median sale price in 79119 is $419K, up +5.0% year-over-year as of 2026-02-28.
How long do homes stay on the market in Amarillo 79119?
Homes in 79119 Amarillo spend an average of 63 days on market before going under contract.
Is Amarillo 79119 a good place to invest in real estate?
Folio's PropIQ™ score for 79119 is 55/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 55 mean for 79119?
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 55 = Caution in 79119 Amarillo, Texas.