Housing in Canyon, TX
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$310,000
Median List Price
$383,128
Price Per Sq Ft
$176
Days on Market
56
Active Inventory
36
Months of Supply
4.0
Balanced market
Zillow Home Value
$288,714
ZHVI — January 2026
Zillow Rent Index
$1,141
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
16.7%
Market Activity
Source: RedfinHomes Sold
9
New Listings
14
Pending Sales
12
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$176
Median List $/SF
$171
Canyon vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. Canyon is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$218,300
Median Rent
$975
Total Housing Units
6,001
Vacancy Rate
8.0%
Owner Occupied
53.7%
Renter Occupied
46.3%
Median Property Tax
$3,337
per year
Monthly Cost (w/ Mortgage)
$1,270
Housing Types
The current median sale price in Canyon, TX is $310,000 according to Redfin data. Homes spend a median of 56 days on the market. 0.0% of homes sold above asking price. The market has 4.0 months of supply. The median price per square foot is $176. Zillow's observed rent index is $1,141/month. About 53.7% of housing units are owner-occupied. The median year homes were built is 1983. There are 6,001 total housing units.