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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

$423,903

AVERAGE PRICE OF 380 HOMES

$645,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$3,658,201

AVERAGE PRICE OF 19 MULTI-MILLION DOLLAR HOMES

$540,846

AVERAGE PRICE OF 34 NEWLY BUILT HOMES

$1,189,425

AVERAGE PRICE OF 8 HOMES WITH A POOL

$387,983

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

Average Home

Average Price $423,903
Avg Bedrooms 1.38 beds
Avg Bathrooms 1.01 baths

Average Price by Bedrooms

1 bedroom $45,000
2 bedrooms $294,231
3 bedrooms $394,859
4 bedrooms $535,516
5 bedrooms $1,652,959
Canyon Home Price Trends
  1/2025 12/2024 11/2024 10/2024 9/2024
Total Listings 339 332 334 358 388
Average Price $452,062 $449,618 $452,058 $431,219 $412,073
Avg Price Change +0.54% -0.54% +4.83% +4.65% +2.75%
Median Price $185,893 $163,098 $167,834 $149,110 $127,744
Med Price Change +13.98% -2.90% +12.56% +16.73% +6.00%
Avg Bedrooms 1.33 beds 1.28 beds 1.28 beds 1.25 beds 1.19 beds
Avg Bathrooms .98 bath .95 bath .93 bath .9 bath .84 bath
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Canyon 116 $499,112 74 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 380 $423,903 110 days
Distressed Homes 1 $645,000 83 days
Multi-Million Dollar Homes 19 $3,658,201 207 days
Newly Built Homes 34 $540,846 82 days
Homes with a Pool 8 $1,189,425 111 days
Reduced Price Homes 6 $387,983 56 days

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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 ©2025 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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