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Canyon

Why you'd want to live in Canyon

The City of Canyon is a residential community located in the Texas Panhandle, just south of the City of Amarillo. The City name of Canyon comes from Palo Duro Canyon, located approximately 12 miles from the City. Canyon was incorporated in 1906, but it originated as a community in the mid-to late-1800s.

Canyon Market Report

$493,061

AVERAGE PRICE OF 155 HOMES

$2,434,780

AVERAGE PRICE OF 5 MULTI-MILLION DOLLAR HOMES

$408,413

AVERAGE PRICE OF 63 NEWLY BUILT HOMES

$1,038,500

AVERAGE PRICE OF 10 HOMES WITH A POOL

Average Home

Average Price $493,061
Avg Bedrooms 3.63 beds
Avg Bathrooms 2.62 baths

Average Price by Bedrooms

2 bedrooms $367,398
3 bedrooms $433,155
4 bedrooms $502,747
5 bedrooms $716,629
Canyon Home Price Trends
  5/2026 4/2026 3/2026 2/2026 1/2026
Total Listings n/a n/a 334 332 325
Average Price n/a n/a $518,504 $535,090 $534,034
Avg Price Change n/a n/a -3.20% +0.20% +7.68%
Median Price n/a n/a $248,425 $241,387 $217,428
Med Price Change n/a n/a +2.92% +11.02% +2.89%
Avg Bedrooms n/a n/a 1.5 beds 1.44 beds 1.39 beds
Avg Bathrooms n/a n/a 1.11 baths 1.08 baths 1.04 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Canyon 113 $480,884 62 days
West Plains High School 2 $325,600 27 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 155 $493,061 58 days
Multi-Million Dollar Homes 5 $2,434,780 107 days
Newly Built Homes 63 $408,413 53 days
Homes with a Pool 10 $1,038,500 109 days

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