Photo: formulanone · CC BY-SA 2.0216 homes sold in Canyon in the last year, at a typical $291K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Canyon homes are listed.
Every place Canyon homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Canyon.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 100% of Canyon’s sales, at a typical $293K
216 homes sold in the year to May 2026.
typical sale · 215 sold in 12 months
- Per square foot
- $159TX $173
- Days to sell
- 51
- Sold over asking
- 0%
- Listings with a price cut
- 26%
Multi-family (2–4 units): 1 sold, typical $95K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 1.7 times the 2016 price
216 sales in the last year, against 287 in 2021 and a low of 32 in 2012. The typical sale went from $170K in 2016 to $291K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $300K buys in Canyon
Check a listing against what Canyon homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Canyon are back to pre-pandemic levels, with about as many homes for sale
We read every month of Canyon’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 216 sales.
If you’re buying in Canyon
- Shop in April. It brings about 23 new listings a month, close to the busiest month, with fewer bidding wars (0% over asking).
- Bid near asking. Buyers paid 99.4% of the list price on average; 0% paid over.
- You’ll usually have time. Only 34% of homes go under contract within two weeks; the typical one takes 51 days.
Spring brings the homes; winter brings the bidding wars
May has the most new listings (about 27 a month), but January is the most competitive: 0% of January sales close over asking. January has the least competition (0%).
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and calmer than Texas
| Canyon now | 2017–19 | 2021 peak | TX now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 0% | 0% | 0% | 12% |
| Gone within two weeksShare of homes under contract within 14 days | 34% | 1% | 5% | 20% |
| Listings with a price cutShare of homes for sale that cut their price | 25% | — | — | 30% |
| Price paid vs. askingAverage sale price ÷ list price | 99.4% | 82.4% | 72% | 96.9% |
| Days to sellMedian days from listing to contract | 51 | 70 | 51 | 71 |
50 homes for sale on a typical day
That’s 5.6 times the 2012 low (9) and about the 2017–19 level.
1 in 4 listings has cut its price
25% in the last year, against — in 2017–19 and 30% across Texas.
Canyon ranks 350th of 372 busy Texas markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Canyon is one of the state’s calmer markets.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Canyon home costs about $1,859 a month
Price: Canyon’s typical sale, last 12 months. Property tax at Canyon’s 1.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Canyon is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 12.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $291K home, about $4,080 a year.
Taxes vs. neighborsSchools
The schools grade for Canyon, from test results, graduation and how much students grow.
Schools in CanyonCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Amarillo sells for less a square foot
The busier markets within 25 miles of Canyon, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Amarillo | 2,453 | $242K | $148 | 0% | 56 |
| Canyon | 216 | $291K | $159 | 0% | 51 |
| Bushland | 48 | $438K | $185 | 0% | 149 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Canyon, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Canyon. People who follow the town see it, and so do people comparing Canyon with their own town. No commission, no listing fee.
Questions about buying a home in Canyon
What do homes sell for in Canyon, TX?
216 homes sold in the year to May 2026 at a typical $291K, $159 a square foot.
Is Canyon a buyer’s or seller’s market?
A seller’s market: 52 homes were for sale in May 2026 and 29 sold, about 1.8 months of supply. Buyers paid 99.4% of asking on average, and 25% of listings cut their price.
When is the best time to buy in Canyon?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Canyon?
About 1.4% of a home’s value a year. On a $291K home that’s near $4,080.
Where can I see homes for sale in Canyon?
Zillow, Redfin, Realtor.com and Homes.com all carry Canyon’s MLS listings; the search links above open each one filtered to Canyon.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).