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, plays a huge role for buyers.

The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of September 17, the sits at 6.95%.

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.

compiled a list of cities with the most expensive homes in the Amarillo metro area using data from . Charts show the monthly typical home value since January 2018. All 10 cities and towns with data available were included in the list.

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1 / 10

#10. Groom, TX

- Typical home value: $140,220
- 1-year price change: +0.5%
- 5-year price change: data not available

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2 / 10

#9. White Deer, TX

- Typical home value: $152,248
- 1-year price change: +7.4%
- 5-year price change: data not available

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3 / 10

#8. Happy, TX

- Typical home value: $176,484
- 1-year price change: +8.2%
- 5-year price change: +12.1%

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4 / 10

#7. Palisades, TX

- Typical home value: $205,217
- 1-year price change: +11.4%
- 5-year price change: -1.0%

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5 / 10

#6. Panhandle, TX

- Typical home value: $210,265
- 1-year price change: +4.7%
- 5-year price change: +13.6%

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6 / 10

#5. Amarillo, TX

- Typical home value: $211,528
- 1-year price change: +4.0%
- 5-year price change: +25.5%

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7 / 10

#4. Claude, TX

- Typical home value: $235,219
- 1-year price change: +8.3%
- 5-year price change: +13.8%

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8 / 10

#3. Canyon, TX

- Typical home value: $301,025
- 1-year price change: +3.1%
- 5-year price change: +22.5%

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9 / 10

#2. Timbercreek Canyon, TX

- Typical home value: $454,736
- 1-year price change: +3.7%
- 5-year price change: +27.5%

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10 / 10

#1. Lake Tanglewood, TX

- Typical home value: $677,641
- 1-year price change: +4.9%
- 5-year price change: +24.2%

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