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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

$530,860

AVERAGE PRICE OF 326 HOMES

$5,111,049

AVERAGE PRICE OF 17 MULTI-MILLION DOLLAR HOMES

$390,262

AVERAGE PRICE OF 40 NEWLY BUILT HOMES

$1,194,937

AVERAGE PRICE OF 8 HOMES WITH A POOL

$598,750

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

Average Home

Average Price $530,860
Avg Bedrooms 1.39 beds
Avg Bathrooms 1.04 baths

Average Price by Bedrooms

2 bedrooms $327,184
3 bedrooms $401,986
4 bedrooms $532,215
5 bedrooms $1,630,458
Canyon Home Price Trends
  12/2025 11/2025 10/2025 9/2025 8/2025
Total Listings 339 357 371 370 382
Average Price $495,966 $472,645 $471,306 $464,913 $463,186
Avg Price Change +4.93% +0.28% +1.38% +0.37% +0.63%
Median Price $211,318 $199,101 $196,346 $195,000 $196,610
Med Price Change +6.14% +1.40% +0.69% -0.83% -5.13%
Avg Bedrooms 1.36 beds 1.39 beds 1.34 beds 1.31 beds 1.36 beds
Avg Bathrooms 1.01 baths 1.02 baths 1.01 baths 1 bath 1.02 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Canyon 106 $484,581 114 days
Total Homes Average Price Avg Days on Site
All Homes 326 $530,860 217 days
Multi-Million Dollar Homes 17 $5,111,049 375 days
Newly Built Homes 40 $390,262 77 days
Homes with a Pool 8 $1,194,937 197 days
Reduced Price Homes 4 $598,750 199 days

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Realty One Group Oculus
Shane Hanes
6661 Canyon Dr Unit D
Amarillo, TX 79110
806-340-0043

The multiple listing information is provided by the Amarillo Association of Realtors™ from a confidential and copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 Amarillo Association of Realtors. All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale of withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
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