Home prices
The median home in Canyon is valued at $162,700. This is about $26,200 (13%) lower in comparison to its nearby areas.Compared to the rest of the nation it is roughly $54,800 (25%) lower, and compared to the city of Amarillo it is about $30,200 (22%) higher.
Rents
Canyon's median monthly rent is $844. It is about $430 (33%) lower in comparison to other places in this area.It is approximately $218 (20%) lower in comparison to the rest of the country, and is is very similar in comparison to the city of Amarillo.
Nearby places
Palisades
Palisades is approximately 7 miles northeast from Canyon. The housing prices there are a bit less expensive. The median home value in Palisades is $146,100, which is $16,600 (11%) lower than Canyon. Its rents are a little more expensive. Palisades's median monthly rent is $1,125, which works out to $281 (24%) higher than Canyon.
Lake Tanglewood
Lake Tanglewood is roughly 8 miles northeast of Canyon. Housing prices there are significantly more expensive. The median home in Lake Tanglewood is valued at $504,400, which comes out to $341,700 (67%) higher than Canyon. Rents there are significantly more expensive. In Lake Tanglewood the median rent is $2,611 per month, which is $1,767 (67%) higher than Canyon.
Happy
Happy is approximately 18 miles south of Canyon. Real estate prices there are substantially less expensive. The median home in Happy costs $70,900, which comes out to $91,800 (129%) lower than Canyon. Its rents are a little less expensive. Happy's median monthly rent is $802, which works out to $42 (5%) lower than Canyon.
Hereford
Hereford is about 26 miles southwest from Canyon. The housing prices there are substantially less expensive. Hereford's median home price is $90,500, which works out to $72,200 (79%) lower than Canyon. The rent there is a little less expensive. Hereford's median monthly rent is $790, which works out to $54 (6%) lower than Canyon.
Claude
Claude is approximately 28 miles east of Canyon. Its housing prices are a bit less expensive. The median home in Claude is valued at $132,600, which works out to $30,100 (22%) lower than Canyon. Rents there are a little more expensive. In Claude the median monthly rent is $1,042, which is $198 (19%) higher than Canyon.
