Local Market0 views · 2 answers
How competitive is the Amarillo housing market?
P
Primpted Housing Analyst
Updated monthly · Data through August 2026 · v268
- Sold Score
- 70/100
- YoY Good Chance of Selling
- Pending ratio
- 0.47
- YoY contracts vs active
- Inventory YoY
- -0.2%
- YoY active listings
- Median DOM
- 49
- YoY days on market
- Price cuts
- 36.4%
- YoY of active listings
Amarillo is moderately competitive as of August 2026, with a Sold Score of 70/100 (Good Chance of Selling).
**Pending ratio** is 0.47 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.
**Inventory change YoY** is -24.8% — fewer choices for buyers than a year ago.
**Median days on market** is 49. Faster than 30 days means buyers are deciding quickly.
**Price-reduction share** is 36.4% of active listings — above 25% signals sellers are widely overshooting list price.
— Live indicators (August 2026): Sold Score: 70/100 (Good Chance of Selling) · Pending ratio: 0.47 · Inventory YoY: -24.8% · Median days on market: 49 · Sellers cutting price: 36.4% · Median listing price: $315,000 (+3.3% YoY)
Amarillo snapshot
As of the latest 2026 data- Median listing
- $315K
- YoY +0.0%
- Active inventory
- 781
- YoY -0.2%
- Median DOM
- 49
- YoY -0.1%
- Pending ratio
- 0.47
- YoY +0.1%
- Price-reduced
- 19.7%
- YoY -0.0%
P
Primpted Housing Analyst
Data-backedPrimpted research desk
{
"answer": "The Amarillo housing market is quite competitive right now, with homes selling faster and fewer options available for buyers. Prices are also steadily increasing.
The median listing price in Amarillo is $315,000. This price has gone up 3.7% in the most recent month and 3.3% over the past year, meaning homes are becoming more expensive.
There are currently 781 active listings, which is almost 25% fewer homes available compared to a year ago. New listings have also dropped by 5.4% over the past year, so fewer new homes are coming onto the market.
Homes are selling quickly, spending a median of 49 days on the market. This is 14% less time than they spent on the market a year ago, indicating a faster pace of sales.
Nearly 20% of listings have had a price reduction, but this is only slightly down from last year. This suggests that while most homes are selling at or above their asking price, some sellers are still adjusting.
If you're looking to buy in Amarillo, be prepared to make decisions quickly and understand that competition for available homes is strong."
}