Cities with the most expensive homes in the Amarillo metro area

Written by:
October 22, 2024
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Cities with the most expensive homes in the Amarillo metro area

Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, affordability plays a huge role for buyers.

The typical home value in the United States was $360,385 in October, 2.4% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of November 14, the 30-year fixed mortgage rate sits at 6.78%.

Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.

Stacker compiled a list of cities with the most expensive homes in the Amarillo metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 8 cities and towns with data available were included in the list.

1 / 8
Stacker

#8. Happy, TX

- Typical home value: $144,186
- 1-year price change: +1.1%
- 5-year price change: +29.9%

2 / 8
Stacker

#7. Claude, TX

- Typical home value: $177,569
- 1-year price change: -0.6%
- 5-year price change: +29.7%

3 / 8
Stacker

#6. Panhandle, TX

- Typical home value: $178,147
- 1-year price change: +0.9%
- 5-year price change: +28.5%

4 / 8
Stacker

#5. Amarillo, TX

- Typical home value: $196,888
- 1-year price change: +1.7%
- 5-year price change: +43.3%

5 / 8
Stacker

#4. Palisades, TX

- Typical home value: $197,436
- 1-year price change: -3.8%
- 5-year price change: +31.2%

6 / 8
Stacker

#3. Canyon, TX

- Typical home value: $278,799
- 1-year price change: +2.9%
- 5-year price change: +40.5%

7 / 8
Stacker

#2. Timbercreek Canyon, TX

- Typical home value: $431,199
- 1-year price change: +1.7%
- 5-year price change: +49.5%

8 / 8
Stacker

#1. Lake Tanglewood, TX

- Typical home value: $667,539
- 1-year price change: -0.0%
- 5-year price change: +44.5%

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