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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

$885,599

AVERAGE PRICE OF 20 HOMES

$1,536,600

AVERAGE PRICE OF 5 HOMES WITH A POOL

$1,645,800

AVERAGE PRICE OF 5 MULTI-MILLION DOLLAR HOMES

$660,000

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $885,599
Avg Bedrooms 4.37 beds
Avg Bathrooms 3.79 baths

Average Price by Bedrooms

1 bedroom n/a
2 bedrooms n/a
3 bedrooms $658,133
4 bedrooms $750,987
5 bedrooms $1,235,800
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Amarillo High School 16 $967,068 87 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 20 $885,599 92 days
Newly Built Homes n/a n/a n/a
Homes with a Pool 5 $1,536,600 81 days
Multi-Million Dollar Homes 5 $1,645,800 99 days
Reduced Price Homes 1 $660,000 61 days
Distressed Homes n/a n/a n/a

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