Canyon, TX
Full City Profile · Texas · Randall County County
3.6
/5.0
B+
Good
15,398
Population
1,906/sq mi density
$68,233
Median Income
$31,873 per capita
$218,300
Home Value
$290,294 Zillow
$975
Median Rent
31.3% income on rent
58°F
Avg Temperature
330 sunny days/yr
86
Violent Crime/100K
938 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$68,233 median income, 1.2% unemployment
A+
Affordability
4.9 / 5.0
$218,300 home value, $975/mo rent
F
Safety
1.0 / 5.0
86 violent crimes/100K
A
Education
4.5 / 5.0
43.3% bachelor's degree or higher
Housing Overview
Median Home Value
$218,300
23% below
US avg: $281,900
Median Rent
$975/mo
16% below
US avg: $1,163/mo
Homeownership Rate
53.7%
18% below US avg (65.4%)
Total Housing Units
5,813
Median year built: 1981
Home Value by Source
Census Median
$218,300
Zillow (ZHVI)
$290,294
Median Sale Price
$304,962
Median List Price
$275,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
53.7%
Owner-Occupied
46.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$887/mo
1 Bedroom
$935/mo
2 Bedroom
$1,149/mo
3 Bedroom
$1,497/mo
4 Bedroom
$1,733/mo
Census median rent:
$975/mo
· Zillow rent:
$1,105/mo
Market Indicators (Redfin)
Median Days on Market
38 days
Sale-to-List Ratio
0.0%
Buyers market
Homes Sold
8
Price Drops
11.9%
of listings with price reduction
Price Per Sq Ft
$167
Active Inventory
42
homes for sale
Affordability & Housing Stock
Rent Burden
31.3%
of renters spending 30%+ of income on housing
1% above US avg (31.0%)
Median Year Built
1981
Average age of housing stock: 45 years
Homeownership Rate
53.7%
Complete Housing Data
Home Values
| Census Median Value | $218,300 |
| Zillow Home Value (ZHVI) | $290,294 |
| Median Sale Price | $304,962 |
| Median List Price | $275,000 |
| Price Per Sq Ft | $167 |
Rent
| Census Median Rent | $975 |
| Zillow Rent (ZORI) | $1,105 |
| FMR Studio | $887 |
| FMR 1-Bedroom | $935 |
| FMR 2-Bedroom | $1,149 |
| FMR 3-Bedroom | $1,497 |
| FMR 4-Bedroom | $1,733 |
Market
| Days on Market | 38 |
| Sale-to-List Ratio | 0.0% |
| Price Drops | 11.9% |
| Homes Sold | 8 |
| Active Inventory | 42 |
| Price Per Sq Ft | $167 |
Ownership & Stock
| Owner-Occupied | 53.7% |
| Renter-Occupied | 46.3% |
| Homeownership Rate | 53.7% |
| Total Housing Units | 5,813 |
| Median Year Built | 1981 |
| Rent Burden | 31.3% |
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