ZIP Code Market Report
79118 — Amarillo, TX
Data through February 2026 · Updated monthly
Avg Home Value
$254,356
▲ 1.4% year-over-year
Month-over-Month
+0.1%
▲ 0.1%
Single Family
$253,440
Condo / Co-op
--
The average home value in the 79118 ZIP code (Amarillo, Texas) is $254,356 as of February 2026. Home prices are rising, up 1.4% compared to last year.
A 3-bedroom home in 79118 is valued at $242,628.
The market in 79118 has a $194,656 spread between bottom-tier homes at $188,651 and top-tier homes at $383,306. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
Looking ahead, Zillow's forecast model projects home values in the 79118 ZIP code will increase 0.3% over the next 12 months, bringing the projected average to approximately $255,119. This modest projected change should be factored into any investment analysis for properties in this area.
This report is part of the Potter County market area in Texas. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Potter County report.
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Market Snapshot
79118 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $254,200 | $254,212 | $254,356 | ▲ 0.1% |
| Single Family Value | $251,461 | $252,444 | $253,440 | ▲ 0.8% |
Home Values
79118 Home Value Trend
Historical home values for ZIP code 79118. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
By Bedroom
What Homes Cost in 79118
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 2 Bedrooms | $184,264 |
| 3 Bedrooms | $242,628 |
| 4 Bedrooms | $335,298 |
Property Types
Home Values by Property Type in 79118
How different property types compare in this ZIP code.
All Homes
$254,356
Single Family
$253,440
Bottom Tier
$188,651
Top Tier
$383,306
Forecast
12-Month Home Value Forecast for 79118
Zillow projects home values in 79118 will increase 0.3% over the next year, reaching approximately $255,119.
Current Value
$254,356
Projected Change
+0.3%
▲ 0.3%
Projected Value
$255,119
Source: Zillow Home Value Forecast (ZHVF). Forecasts are not guarantees.
Data Sources and Methodology
Home value data for ZIP code 79118 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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