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Amarillo city, TX

ZIP 79124 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 79124

Median Home Value
$325,900
Median Rent
$936
Affordability Snapshot
$90,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,093/mo PITI).

10%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.0x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

29.0 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 79124 in Amarillo city, TX, a household would need roughly $90,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,093. That sits below the local median household income ($110,144), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
88.4%+35% vs US avg
x
Vacancy Rate
6.1%-40% vs US avg
x
Broadband Access
93.9%+8% vs US avg
x
4+ Bedrooms
7.7%-48% vs US avg
x
Built Pre-1939
0.0%
x
Built Post-2014
4.7%-32% vs US avg
x
Rent Burden >30%
18.1%-64% vs US avg
x
Mortgage-Free
44.0%+15% vs US avg
x
$325,900
Home Value
$936
Rent
2002
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached79.1%
  • 1-unit attached3.1%
  • 2-9 units4.0%
  • 10+ units7.7%
  • Mobile home & other6.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$325,900
Median rent$936
Owner-occupied88.4%
Vacant6.1%
Price-to-income3.0x
Est. income to buy$90,000