August Market Forecast: Where Is Amarillo Real Estate Heading?

August Market Forecast: Where Is Amarillo Real Estate Heading?

The Amarillo real estate market is entering the late summer phase, and whether you're buying, selling, or just keeping an eye on the market, August is a critical month.

As a local brokerage deeply connected to Amarillo’s evolving housing landscape, here’s what we’re seeing—and what you should know.

📊 Quick Snapshot: Amarillo August 2025 Market Stats

According to the latest data from the Texas Real Estate Research Center:

• Median Home Price: $242,500 (↑ 3.8% YoY)
• Inventory: 2.5 months supply (balanced but tightening)
• Average Days on Market: 38 days (↓ from 45 days in June)
• New Listings: Slight uptick as sellers try to catch the back-to-school window

🔗 Texas A&M Housing Activity – Amarillo

🔍 Buyer Insights: Still Competitive, But Less Chaos

The days of 10+ offers in 24 hours are mostly behind us—but well-priced homes are still moving quickly, especially those in:

• Southwest Amarillo (low HOA, newer builds)
• City View and Heritage Hills (high demand from families)
• Bushland/Canyon areas (popular with buyers looking for more land or Canyon ISD schools)

💡 Pro Tip: First-time buyers have more room to negotiate than they did in 2022, but they still need to move fast on move-in ready properties.

📉 Seller Insights: Pricing Right Is More Important Than Ever

Sellers in August often hope to catch buyers relocating for school or work. That means:

• Homes priced too high are sitting
• Homes priced at or just under market value are selling in under 3 weeks
• Staging and curb appeal are now deal-makers

We’re seeing price reductions increase on listings that haven’t adapted to slight buyer fatigue in some price bands.

📍Want to know what your Amarillo home would sell for in today’s market?
👉 Request a free market-driven home valuation

📈 Investor & Rental Market Insight

• Rental demand remains high due to new workforce migration
• Cap rates in Amarillo remain favorable, especially in zip codes 79109 and 79118
• Value-add properties (needing light renovation) are trending among small-scale investors

🔗 DataUSA – Amarillo Demographic & Economic Trends

📍 Market Movers to Watch in August:

• Interest Rates: Hovering around 6.5% for conventional 30-year loans
• New Construction: Builders offering incentives like rate buydowns and appliance packages
• School District Shifts: August is hot for Canyon ISD buyers trying to close before fall term

🔗 Mortgage News Daily – Current Interest Rate Tracker

🧭 Our Forecast: What to Expect Through Early Fall

💬 What This Means for You

For Buyers:
You have more leverage than in past summers, but the best homes are still competitive. Be ready. Be pre-approved.

For Sellers:
This is the last push before the fall slowdown. List smart, not just fast.

📍 Want personalized advice?
🎯 Schedule a free market consultation
🎯 Get a customized neighborhood price report