Canyon Lake, TX Housing Market 2026: What Homes Actually Sell For

If you invest in or around Canyon Lake, the number that matters is what homes actually close for, not what sellers are asking. Here is what Canyon Lake sale prices look like right now, built from the closings Resideline tracked over the last six months, as of August 2026.

The snapshot

• •Closings tracked, last 6 months: 230
• •Median sold price, last 6 months: $424,500
• •Median sold $/sqft, last 6 months: $231
• •Middle half of sales closed between: $279,000 and $665,000

What the numbers say

Resideline tracked 230 closed sales in Canyon Lake over the last six months, with a median closing price of $424,500. That median is the midpoint of what buyers actually paid, not what sellers hoped to get, which is why it moves differently from the asking prices you see on listing sites. The middle half of those sales closed between $279,000 and $665,000. That spread matters more than the headline median: where a specific property sits inside it decides whether the citywide number helps you or misleads you. These are the closings Resideline tracks and may differ from complete county or municipal records. 91% of the Canyon Lake closings we track here are single-family houses, so these figures primarily reflect that segment, and the citywide $/sqft figure primarily reflects that segment as well. Across the 228 closings with usable living area, the middle half sold between $187 and $287 per square foot.

Figures last updated August 22, 2026 from closings Resideline tracked.

Median home price in Canyon Lake, TX (August 2026)

The median home price in Canyon Lake is $424,500, measured across the 230 closed sales Resideline tracked over the last six months. The middle half of those sales closed between $279,000 and $665,000.

Where Canyon Lake sale prices land

Medians hide the shape of a market. The distribution above covers the closed sales Resideline tracked in Canyon Lake over the last six months, trimmed to the 5th through 95th percentile, with the middle half of sales closing between $279,000 and $665,000. Where your target property sits inside that spread matters more than the citywide median.

How long a sale takes here

• •Listed to under contract: a median of 77 days, across 167 Canyon Lake closings Resideline tracked in the last six months
• •Contract to closing: a median of 22 days, across 165 Canyon Lake closings Resideline tracked in the last six months

The Canyon Lake angle

Anyone quoting one figure for Canyon Lake is compressing a lot of variation. The gap between $279,000 and $665,000 is wider than most markets we track, and that gap only covers the middle half of the closings we tracked, so the record set extends beyond it in both directions. $424,500 still tells you where 230 divides into halves, which is worth knowing. It does not tell you where an individual property belongs, and in a spread out market the distance between the midpoint and a specific address can be large without anything unusual being involved. Match property type, hold size to a narrow range, and let those closings produce the estimate; use the quartiles afterwards as a plausibility check. Since the upper half of the band is the wider half, a comp set that leans toward the larger end of the market overstates further than an equally mismatched modest set understates.

Canyon Lake market data by ZIP code

Citywide medians hide block-by-block variation. Resideline publishes free, regularly refreshed market snapshots for Canyon Lake ZIP codes: 78133.

From market read to offer price

A market read is the backdrop. The decision still comes down to one property and one number: what it is actually worth and what you should pay. Every Resideline report opens with this same market snapshot for the subject's exact ZIP code, then gives you the property's value, the sold comps behind it, and a market rent estimate. Pricing a specific deal? The free ARV calculator and rental property calculator run the numbers in about a minute.

And we show our work. Every estimate is frozen while the home is for sale and graded against the real closing price after it sells. As of August 2026, the public scoreboard showed 3.26% median error across 12,508+ graded closings. See the live accuracy dashboard for the receipts, or read how the Area Market Snapshot works.

Run any Canyon Lake address through Resideline and you will see the local market and the property's value together, in one report.

Cite this

Using these numbers? Please cite the source and the sample size:

Source: Resideline Market Watch
Market: Canyon Lake, TX
Data updated: August 2026
Analysis period: last six months
Tracked closings: 230
Median sold price: $424,500
Median sold $/sqft: $231 (228 qualifying)
Property mix: 91% houses
https://resideline.com/blog/canyon-lake-tx-housing-market

The local market statistics in this report are calculated from closed sales tracked by Resideline. Transaction coverage may differ from complete county or municipal records.

Every local market figure on this page is computed from closed sales Resideline tracked in Canyon Lake over the last six months, and is refreshed when the data is.