How competitive is the Amarillo housing market?

Question

Primpted Housing Analyst · Accepted Answer

Amarillo is competitive as of May 2026, with a Sold Score of 68/100 (Good Chance of Selling).

**Pending ratio** is 0.56 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.

**Inventory change YoY** is -26.5% — fewer choices for buyers than a year ago.

**Median days on market** is 46. Faster than 30 days means buyers are deciding quickly.

**Price-reduction share** is 30.9% of active listings — above 25% signals sellers are widely overshooting list price.

— Live indicators (May 2026): Sold Score: 68/100 (Good Chance of Selling) · Pending ratio: 0.56 · Inventory YoY: -26.5% · Median days on market: 46 · Sellers cutting price: 30.9% · Median listing price: $318,750 (+1.3% YoY)

Primpted Housing Analyst · Answer

The Amarillo housing market is quite competitive right now. There are much fewer homes for sale compared to last year, and they are spending less time on the market.

Fewer homes are available. The number of homes for sale has dropped by over 25% compared to last year. Even though more new homes are coming on the market, it's not enough to keep up with demand.

Homes are selling faster than before. The typical home now sells in 43 days, which is almost a week quicker than a year ago. This quick sale time shows that buyers are making decisions quickly.

Prices are still going up, but not by a lot. The typical home is listed for about $318,750, a small increase of 1.3% from last year.

As a buyer, you'll need to be ready to act fast and be decisive because homes are selling quickly.

How competitive is the Amarillo housing market?

Amarillo snapshot

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