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The Colonies

Why you'd want to live in The Colonies

The Colonies is one of Amarillo’s most established and sought-after communities, known for its upscale homes, mature landscaping, and polished, well-maintained surroundings. The neighborhood features larger homes on generously sized lots, with architectural variety that reflects long-term pride of ownership and thoughtful development. Its location offers convenient access to shopping, dining, medical services, and major roadways, making everyday routines efficient without sacrificing a sense of privacy. The Colonies is also recognized for its higher price point, which many buyers associate with enduring value, consistent upkeep, and a strong neighborhood identity. That combination of location, design quality, and long-term stability is a key reason the area maintains its reputation as one of Amarillo’s premier residential communities.

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The Colonies Market Report

$821,736

AVERAGE PRICE OF 22 HOMES

$1,004,133

AVERAGE PRICE OF 3 NEWLY BUILT HOMES

$1,129,666

AVERAGE PRICE OF 6 HOMES WITH A POOL

$1,478,800

AVERAGE PRICE OF 5 MULTI-MILLION DOLLAR HOMES

$613,000

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $821,736
Avg Bedrooms 4.19 beds
Avg Bathrooms 3.57 baths

Average Price by Bedrooms

1 bedroom n/a
2 bedrooms n/a
3 bedrooms $594,333
4 bedrooms $802,042
5 bedrooms $1,106,500
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Amarillo High School 17 $864,723 71 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 22 $821,736 73 days
Newly Built Homes 3 $1,004,133 13 days
Homes with a Pool 6 $1,129,666 32 days
Multi-Million Dollar Homes 5 $1,478,800 92 days
Reduced Price Homes 1 $613,000 51 days
Distressed Homes n/a n/a n/a

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