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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

$449,224

AVERAGE PRICE OF 398 HOMES

$161,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$4,507,586

AVERAGE PRICE OF 16 MULTI-MILLION DOLLAR HOMES

$737,307

AVERAGE PRICE OF 35 NEWLY BUILT HOMES

$996,525

AVERAGE PRICE OF 12 HOMES WITH A POOL

$459,833

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

Average Home

Average Price $449,224
Avg Bedrooms 1.48 beds
Avg Bathrooms 1.08 baths

Average Price by Bedrooms

1 bedroom $167,500
2 bedrooms $312,055
3 bedrooms $389,608
4 bedrooms $550,615
5 bedrooms $1,557,689
Canyon Home Price Trends
  4/2025 3/2025 2/2025 1/2025 12/2024
Total Listings 385 382 382 339 332
Average Price $430,935 $430,523 $426,147 $452,062 $449,618
Avg Price Change +0.10% +1.03% -6.08% +0.54% -0.54%
Median Price $234,420 $211,319 $198,473 $185,893 $163,098
Med Price Change +10.93% +6.47% +6.77% +13.98% -2.90%
Avg Bedrooms 1.44 beds 1.38 beds 1.36 beds 1.33 beds 1.28 beds
Avg Bathrooms 1.03 baths 1.02 baths .99 bath .98 bath .95 bath
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Canyon 138 $497,396 78 days
Total Homes Average Price Avg Days on Site
All Homes 398 $449,224 135 days
Distressed Homes 1 $161,000 51 days
Multi-Million Dollar Homes 16 $4,507,586 307 days
Newly Built Homes 35 $737,307 88 days
Homes with a Pool 12 $996,525 115 days
Reduced Price Homes 6 $459,833 90 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 ©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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