As the local real estate market enters 2026, Amarillo is seeing a definitive shift toward a “Slight Seller’s Advantage”. For both buyers and sellers, this indicates a period of relative stability with favorable conditions for those prepared to move.
The Current Snapshot (As of January 25, 2026)
The Amarillo market is currently characterized by a Market Action Index of 32, up from 30 last month. Key figures include:
- Median List Price: $289,750.
- Median Price of New Listings: $276,278.
- Price Per Square Foot: $158.
- Inventory: 826 active listings, which has decreased recently.
- Average Days on Market: 138 days, showing that while demand is robust, properties are staying available longer.
What This Means for You
For Sellers: Leverage the Advantage
With the Market Action Index climbing into “Seller’s Advantage” territory, demand is starting to outpace supply.
- Pricing Strategy: Prices are hovering near their historical highs, but nearly 28% of current listings have seen price decreases. This suggests that while it is a seller’s market, buyers are sensitive to overpricing.
- Stability: Until there is a persistent down-shift in the Market Action Index, prices are expected to remain at these elevated levels.
For Buyers: Opportunity in Selection
While the index favors sellers, the high number of days on market (138 days on average) and the frequency of price drops provide unique opportunities.
- Negotiation Room: With over a quarter of sellers lowering their prices, there is significant room for negotiation that wasn’t present in previous years.
- Market Segments: The market is diverse; for instance, the top tier has a median price of $655,000 with 140 days on market, while the most affordable segment sits at $145,000 with a faster 70-day turnaround.
- Rental Alternative: With a median rent of $1,450, purchasing remains a compelling long-term investment for many Amarillo residents.
Basically, the market is a bit like a Panhandle summer: it’s heating up, there’s a slight breeze of opportunity, and if you wait five minutes, things might change—but you’ll probably still end up with a little sand in your shoes. Let’s make sure that sand is from the backyard of your new dream home instead!
Let’s Get Moving! Whether you’re looking to cash in on your home’s value or find a diamond in the rough, I’m here to guide you through every percentage point and price drop.
Ready to make your next move? Call me today at 806-440-1740 or email me to schedule a free market consultation!
Data Source: Altos Research
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