Real Estate Market Update for Canyon, TX
Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was up 18% from one year earlier, and down 7% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was 260-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 37%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 190-thousand dollars. The number of units sold increased 6% year-over-year, and held steady month-over-month. These latest figures are encouraging news for both buyers and sellers, indicating a positive trend in the marketplace. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Canyon, TX

Area Information for Canyon, TX
  • Population: 13,951
  • Median Age: 27.22 yr
  • Median Commute Time: 19 mins
  • Educational Climate*: 3
  • Sales Tax: 0%
  • Population Density: 2,024/sq mi
  • Population Change Since 2000: 8.21%
  • Closest Airport: Rick Husband Amarillo International
  • Closest College: West Texas A And M University
  • Closest Jr. College: Amarillo College
  • Median Household Income: $48,446
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $181,818
  • Closest Major Sports Team: Midland Rockhounds (aa)
  • Change Avg. Household Income Since 2000: 55.11%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Canyon, TX
Median Age: 27.22 Married: 32% Number of Households: 5,440 Households with Children: 1,590
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Canyon, TX

      School Name Distance Type Grades School Rating Parent Rating
      Reeves-hinger Elementary School 0.8 mi Public PRESCHOOL-4 4 0
      Canyon Intermediate School 0.9 mi Public 5-6 0 0
      Canyon Junior High 1.0 mi Public 7-8 4 0
      Canyon High School 1.0 mi Public 9-12 4 4
      Midway Alternative High School 1.1 mi Public 11-12 1 0
      Crestview Elementary School 1.2 mi Public K-4 5 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.
      Local Weather for Canyon, TX
        Data powered by Attom Data Solutions. Copyright© 2020. Information deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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