Is Canyon a buyer's or seller's market right now?

Canyon is currently a buyer's market with 5.3 months of supply. Homes are selling at 0% of list price, and 38.1% go pending within two weeks. The Ridley Sell Score for Canyon is 53/100 (Moderate), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Canyon?

The median home price in Canyon is $304,963, up 8.9% year-over-year. The median price per square foot is $167. Homes sell in a median of 38 days with a sale-to-list ratio of 0%.

How much does it cost to sell a home in Canyon, Texas?

On a $304,963 home in Canyon, a traditional listing agent charges around $9,149 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $24,397 or more. With Ridley Essentials ($999) you save $8,150, and with Ridley Pro ($3,499) you save $5,650 while getting full agent support.

How does Ridley's flat fee compare to a traditional Canyon agent?

A traditional Canyon listing agent typically charges 3% of the sale price — about $9,149 on a $304,963 home. Ridley offers two flat-fee plans: Essentials ($999) with MLS listing, marketing tools, and self-service support, or Pro ($3,499) with a dedicated licensed agent. That saves you $8,150–$5,650 compared to a traditional agent.

How long does it take to sell a home in Canyon?

The median home in Canyon currently spends 38 days on the market before going under contract, down 99% from last year. 38.1% of homes go pending within two weeks. At a 0% sale-to-list ratio, sellers are seeing some negotiation. Only 11.9% of listings see a price drop, suggesting sellers can hold firm on pricing.

Do I need a real estate agent to sell in Texas?

No. Texas does not require you to use a real estate agent to sell your home. You can sell independently (FSBO) or use a flat-fee service like Ridley that gives you MLS access, professional tools, and expert support at a fraction of the traditional commission. On a $304,963 home, that could save you up to $5,650.

What's included with Ridley Essentials and Pro?

Ridley offers two plans in Texas. Essentials ($999) includes MLS listing distribution, professional listing tools, marketing materials, and self-service support. Pro ($3,499) includes everything in Essentials plus a dedicated licensed agent partner, expert pricing consultation, offer review and negotiation support, contract and deadline management, and full closing coordination. Both save significantly vs. the traditional $9,149 commission.

National/Texas

Canyon, TX

Is Now a Good Time to Sell in Canyon, Texas?

The median home in Canyon sells for $304,963 with prices up 8.9% year-over-year. The average seller pays $9,149 in commissions — Ridley’s flat fee saves you $5,650.

Canyon Real Estate Market Conditions — April 2026

53out of 100

Ridley Sell Score

How it's scored →

Moderate

53/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Canyon market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Don't count on bidding wars — price to attract offers rather than leave room for negotiation. Sellers who prepare well can still achieve strong results.

Inventory TightnessFavors buyers

5.3 months of supply — above the 5-month balanced threshold, giving buyers more options. Texas average is 6.5.

Price MomentumNeutral

Prices up 8.9% year-over-year — vs. +6.6% statewide.

Seller LeverageFavors sellers

Homes selling at 100% of asking — sellers are getting 0% above list on average. Texas average is 96.4%.

Bidding ActivityFavors buyers

0% of homes selling above list price — 100% below the Texas average of 9.3%.

Sale SpeedFavors sellers

38 median days on market — 80 days faster than the Texas average.

Market UrgencyFavors sellers

38.1% of listings go pending within 2 weeks — vs. 13.5% statewide.

Price StabilityNeutral

Only 11.9% of listings have dropped their price — sellers are holding firm. Texas average is 22%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

The midpoint price of all homes sold in the past month. Half sold for more, half for less.

$304,963

+8.9%

Days on Market

How long the typical home sits on the market before going under contract. Lower is better for sellers.

-99%

Price per Sq Ft

Average cost per square foot of living space. Useful for comparing homes of different sizes.

$167

Sale-to-List Ratio

How close homes sell to their asking price. Above 100% means bidding wars; below means negotiation room.

Months of Supply

How long it would take to sell all current listings at the current pace. Under 3 months favors sellers; over 6 favors buyers.

5.3

Buyer’s market

Competitiveness

Overall market competition based on offers per listing, days on market, and sale-to-list ratio.

Not Very Competitive

Price Drops

Percentage of active listings that had a price reduction.

11.9%

Well-priced market

Pending in 2 Weeks

Percentage of listings that went under contract within 14 days.

38.1%

Moderate pace

12-Month Price Trend

$334,900 → $304,962

▼8.9%

$320K$300K$280K$260K

MayJulSepNovJanMarApr

Data updated April 2026

Get AI-powered market intelligence

Personalized pricing signals, demand shifts, and Sell Score changes for Canyon — delivered monthly.

Your savings

How much can you save selling your home in Canyon?

The average Canyon homeowner saves $5,650 by selling with Ridley instead of paying the traditional 3% listing commission on a $304,963 home.

$0Estimated savings

That's 6 months of groceries — save 1.9% of your home value

Your Canyon home value

$304,963

$50,000$10M

Traditional Agent (3%)

$9,149

Ridley Pro (flat fee)

$3,499

Ready to sell in Canyon?

Get a personalized selling strategy with AI-powered pricing analysis

Get Your Selling Strategy

Cost comparison

How much does it cost to sell a house in Canyon?

The total cost to sell a house in Canyon in 2026 ranges from $999 with Ridley Essentials to approximately $9,149 with a traditional 3% commission on a $304,963 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$9,149	$3,499	$999	$0
Buyer agent	$8,5392.8% avg	$6,099~2% avg	$6,099~2% avg	$8,5392.8% avg
Closing costs (~1.5%)	$4,574	$4,574	$4,574	$4,574
Total cost	$22,262	$14,172	$11,672	$13,113
Net proceeds	$282,701	$290,791	$293,291	$291,850
You save	—	$8,090	$10,590	$9,149No support