Canyon Lake, TX

Buyer's market-4.9% YoY

Housing market overview · Updated weekly

$435,000median sale price

Homes sold

39

Last 12 weeks

Days on market

111

Average pace

Active listings

544

13.9 months supply

Sale-to-list

96.2%

Below asking

The Canyon Lake housing market is currently classified as a buyer's market with a median sale price of $435,000. Prices have fallen 4.9% compared to last year, with homes spending an average of 111 days on market, indicating 13.9 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Canyon Lake

There are currently 544 homes listed for sale in Canyon Lake, Texas. The median listing price is $562K.

Active listings

544

Homes on market

Median list price

$562K

Avg. days on market

111

Days until sale

New this week

115

Newly listed

Price drops:23.5%of listings
Sale-to-list:96.2%

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Frequently asked questions

What is the average home price in Canyon Lake?

The median home sale price in Canyon Lake is $435,000, down 4.9% from last year.

How long do homes stay on market in Canyon Lake?

Homes typically spend 111 days on market before going under contract.

Is Canyon Lake a buyer's or seller's market?

With 13.9 months of supply, Canyon Lake is currently a buyer's market.

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