Amarillo, TX home prices
Typical home $219,579 · +4.1% in a year · income needed $67,200
The Amarillo, TX metro area ranks 574 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +4.1% in a year and +23.7% over five years. With 20% down at 7.11%, the typical home costs about $1,568 a month including 1.51% property tax (Randall County rate).
Mortgage on the typical Amarillo home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $43,916 | $175,663 | $1,182 | $0 | $386 | $1,568 | $67,200 |
| 10% down | $21,958 | $197,621 | $1,329 | $82 | $386 | $1,798 | $77,100 |
| 5% down | $10,979 | $208,600 | $1,403 | $87 | $386 | $1,877 | $80,400 |
| 3.5% down (FHA) | $7,685 | $215,602 | $1,450 | $97 | $386 | $1,934 | $82,900 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.51% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Amarillo area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Randall County, TX | $261,974 | +4.1% | 1.51% |
| Potter County, TX | $147,877 | +4.1% | 1.46% |
| Carson County, TX | $166,359 | +4.9% | 1.19% |
| Armstrong County, TX | $245,373 | +9.5% | 1.23% |
What can you afford in Texas on your salary? · Texas home prices · Salaries in Texas
Frequently asked questions
How much is a house in Amarillo?
The typical home in the Amarillo, TX metro area is worth $219,579 (Zillow, September 2026).
What salary do you need to buy a house in Amarillo?
About $67,200 a year for the typical home with 20% down at 7.11%.