Canyon, TX is an attractive place to buy a house due to its significantly lower median value in comparison to the US House Median Value of $338,100. Furthermore, the 1 year appreciation rate of 12.81%, which is substantially higher than the national average of 8.27%, makes it an even more attractive option for potential buyers. With a median house price at $263,700 and great appreciation rate, Canyon, TX is perfect for those looking to invest in property or searching for their dream home.
The median home cost in Canyon is $263,700. Home appreciation the last 10 years has been 61.7%. Home Appreciation in Canyon is up 11.4%.
Average Age of Homes
- The median age of Canyon real estate is 42 years old
The Rental Market in Canyon
- Renters make up 48.9% of the Canyon population
- 2.2% of houses and apartments in Canyon, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.