The April 2025 housing data is in, and it’s painting a dynamic picture of the residential real estate market across the Texas Panhandle. From price shifts to inventory levels, here’s what you need to know about the latest trends across Potter-Randall Counties, Amarillo MSA, Amarillo, and Canyon.
🏡 Potter-Randall Counties Combined
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Median Price: $247,000 (⬆️ 2.9% YoY)
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Active Listings: 957 (⬆️ 14.2%)
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Closed Sales: 273 (⬆️ 2.3%)
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Inventory: 4.0 months
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Days on Market: 85 total (⬆️ 8 days from April 2024)
📌 Market Insight: A healthy increase in both inventory and closed sales indicates improved buyer-seller balance. Pricing is steady with slight upward movement.
📍 Amarillo MSA
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Median Price: $244,000 (⬆️ 2.3% YoY)
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Active Listings: 999 (⬆️ 15.8%)
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Closed Sales: 277 (⬇️ 0.4%)
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Inventory: 4.1 months
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Days on Market: 84 total
📌 Market Insight: While prices and listings are up, closed sales saw a slight decline—potentially hinting at a softening in buyer urgency or affordability concerns.
🌇 Amarillo
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Median Price: $225,040 (⬆️ 9% YoY)
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Active Listings: 644 (⬆️ 21.7%)
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Closed Sales: 197 (⬆️ 7.1%)
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Inventory: 3.7 months
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Days on Market: 85 total (⬆️ 12 days)
📌 Market Insight: Amarillo stands out with the strongest price appreciation and a noticeable boost in sales activity, despite longer days on market. Sellers here are seeing more buyer engagement than in surrounding regions.
🌄 Canyon
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Median Price: $247,000 (⬇️ 10.2% YoY)
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Active Listings: 38 (⬆️ 35.7%)
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Closed Sales: 21 (⬆️ 10.5%)
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Inventory: 2.7 months
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Days on Market: 55 total (⬇️ 14 days)
📌 Market Insight: Canyon is moving inventory faster than anywhere else despite a sharp price drop. This could indicate high demand at adjusted price points or renewed interest in smaller submarkets.
💡 Key Takeaways
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Inventory is rising across the board, which is giving buyers more options.
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Amarillo leads in price growth, while Canyon is seeing a pricing reset but faster turnover.
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Potter-Randall shows stable, balanced growth, ideal for investors or long-term planners.
📞 Ready to take advantage of these trends? Whether you’re buying, selling, or investing in the Texas Panhandle, now is the time to act with insight.