House Prices

House Prices & Home Values Canyon, TX 2026


Average Data

average house price$326,841
average size per house2076 ft²
average price per ft²158 $ / ft²

05/23/2026 - The value range (VR) for house prices in Canyon, TX is $82/ sqft to $130/ sqft. An average home with 2076 sqft costs approximately $170,232 to $269,880. Canyon, TX includes 2 ZIP codes and it is located in Randall county. The lowest prices are found in ZIP 79016, while the highest are in ZIP 79015. The average price per sqare feet is $158. Our analysis is based on 66 property listings.

Avergage prices by ZIP codes Canyon

79015120 $ / ft²
7901683 $ / ft²


House prices by neighborhoods in Canyon

Canyon Country Club128 $ / ft²
Canyon East134 $ / ft²
Hunsley Hills132 $ / ft²
Palo Duro Creek128 $ / ft²
Palo Duro Creek Estates139 $ / ft²




Historical development of home values in Canyon

Year Estimated value (USD) Change vs. 2025
2010 $151,791 -53.6%
2011 $145,921 -55.4%
2012 $145,528 -55.5%
2013 $150,968 -53.8%
2014 $158,474 -51.5%
2015 $166,608 -49.0%
2016 $175,303 -46.4%
2017 $184,764 -43.5%
2018 $194,979 -40.3%
2019 $204,020 -37.6%
2020 $214,567 -34.4%
2021 $244,047 -25.3%
2022 $284,504 -13.0%
2023 $300,022 -8.2%
2024 $317,379 -2.9%
2025 $326,841 0.0%

Graph: estimated home values in Canyon over time (USD)



Example: 100% financing house in Canyon

Loan amount: $326,841

Interest rate: 6.00%

Fixed monthly payment: $1,959.58

Breakdown in the 1st month:
Interest portion: $1,634.21  –  Principal portion: $325.37

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $19,501.28 $4,013.65 $322,827.35
2 $19,253.72 $4,261.20 $318,566.16
3 $18,990.90 $4,524.02 $314,042.14
4 $18,711.87 $4,803.05 $309,239.08
5 $18,415.63 $5,099.29 $304,139.79
6 $18,101.12 $5,413.81 $298,725.98
7 $17,767.20 $5,747.72 $292,978.27
8 $17,412.70 $6,102.23 $286,876.04
9 $17,036.33 $6,478.60 $280,397.44
10 $16,636.74 $6,878.18 $273,519.26
11 $16,212.51 $7,302.41 $266,216.85
12 $15,762.11 $7,752.81 $258,464.04
13 $15,283.94 $8,230.99 $250,233.05
14 $14,776.27 $8,738.66 $241,494.39
15 $14,237.29 $9,277.64 $232,216.75
16 $13,665.06 $9,849.86 $222,366.89
17 $13,057.54 $10,457.38 $211,909.51
18 $12,412.55 $11,102.37 $200,807.14
19 $11,727.78 $11,787.14 $189,020.00
20 $11,000.78 $12,514.14 $176,505.86
21 $10,228.94 $13,285.99 $163,219.87
22 $9,409.48 $14,105.44 $149,114.43
23 $8,539.49 $14,975.43 $134,139.00
24 $7,615.84 $15,899.08 $118,239.92
25 $6,635.22 $16,879.70 $101,360.22
26 $5,594.12 $17,920.81 $83,439.41
27 $4,488.80 $19,026.12 $64,413.29
28 $3,315.31 $20,199.61 $44,213.67
29 $2,069.44 $21,445.48 $22,768.19
30 $746.73 $22,768.19 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Canyon, TX


1500 sqft3900 sqft
Ø selling price$286,771$610,038
Ø fast selling$260,701$549,035
Ø high price sale$312,840$671,042

In 2026, houses in Canyon, TX will be offered at an average price of $158 per square foot. A 1,500 sqft home priced at $286,771 is 21.18% more expensive per square foot than a 3,900 sqft home priced at $610,038. Home prices in Canyon, TX vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $422,335. Sellers who can wait longer may achieve a higher price of up to $516,187.


Discover Canyon, TX

Overview

Canyon, TX is a welcoming Panhandle city known as the gateway to Palo Duro Canyon State Park.

Located just south of Amarillo, Canyon Texas blends small-town charm with easy access to big-city amenities.

Visitors and residents appreciate the safe neighborhoods, a walkable downtown, and vibrant local events.

Culture and Attractions

The renowned Panhandle-Plains Historical Museum on the campus of West Texas A&M University anchors the city?s cultural scene.

Canyon, TX offers art galleries, live music, and seasonal festivals around the historic downtown square.

Outdoor enthusiasts love hiking, mountain biking, and stargazing in nearby Palo Duro Canyon, the nation?s second-largest canyon.

Family-friendly parks, sports facilities, and a growing trail system make staying active easy year-round.

Economy and Lifestyle

The economy in Canyon Texas benefits from higher education, agriculture, healthcare, and tourism tied to Palo Duro Canyon.

Housing options range from charming bungalows near downtown to new-build communities, attracting students, families, and retirees.

Whether you are planning a weekend getaway or a permanent move, Canyon, TX delivers scenic beauty, rich history, and authentic West Texas hospitality.



FAQ – Home Values in Canyon

What is the median home value in Canyon in 2026?

In 2026, the typical home value in Canyon is about $326,841 for an average home size of 2076 square feet. This corresponds to an average price of roughly $158 per square foot.

What is the average cost per square foot in Canyon?

In 2026, homes in Canyon sell for an average of around $158 per square foot, with a typical range between $82 and $130 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Canyon is about 2076 square feet, with an estimated 2026 value around $326,841.



Locations close to Canyon, TX

Channing, TX71 $ / ft²
Claude, TX72 $ / ft²
Cotton Center, TX107 $ / ft²
Canadian, TX379 $ / ft²
Cactus, TX71 $ / ft²
Bushland, TX78 $ / ft²




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