| George Arnold Alexander III, MPA |
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Canyon Lake Housing Market: Six Months Ending Sep 30, 2026
By George Arnold Alexander III, MPA · Associate Broker · 2026-10-27
Deal of the Week

Deals of the Week by price quartile. The quartiles come from the last 12 months of closed sales here. Each pick has the top ALEX deal score in its price range.
Lower quartile: under $316,000
4142 Morningside WAY, Canyon Lake TX 78133 · MLS #5340236
Listed at $299,900, 3 bed, 2 bath, 1,300 sq ft. Listed 3% below the ALEX valuation; 3% under the local price per sq ft; price reduced 5% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1187531164/4142-Morningside-WAY-Canyon-Lake-TX
Lower-middle quartile: $316,000 to $400,000
231 Vip DR, Canyon Lake TX 78133 · MLS #9397797
Listed at $399,000, 4 bed, 2 bath, 2,080 sq ft. Listed 1% below the ALEX valuation; 19% under the local price per sq ft; price reduced 9% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1179198735/231-Vip-DR-Canyon-Lake-TX
Upper-middle quartile: $400,000 to $735,000
190 Magnolia MDW, Canyon Lake TX 78133 · MLS #6359335
Listed at $484,000, 3 bed, 2 bath, 1,956 sq ft. Listed 5% below the ALEX valuation; price reduced 8% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1184868742/190-Magnolia-MDW-Canyon-Lake-TX
Upper quartile: $735,000 and up
1424 Cattail DR, Canyon Lake TX 78133 · MLS #3233626
Listed at $850,000, 3 bed, 2.5 bath, 2,816 sq ft. Listed 2% below the ALEX valuation; price reduced 11% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1164136320/1424-Cattail-DR-Canyon-Lake-TX
Key figures · Canyon Lake · rolling 6 months ending Sep 30, 2026
- 43 homes sold in Canyon Lake in the 6 months ending Sep 30, 2026 (up 19.4% on a year earlier).
- Median sale price: $425,000 (down 4.6% on a year earlier).
- Median price per square foot: $236.
- Median days on market: 69.
- Median sale price as a share of the original list price: 95.7%.
- 102 homes for sale now, about 14.2 months of supply at the pace of the last six months.
Source: Unlock MLS, ABOR-listed sales only, rolling 6 months ending Sep 30, 2026. Homes only (single-family, condo, townhome). Information deemed reliable but not guaranteed.
Canyon Lake recorded 43 closed home sales in the rolling 6 months ending Sep 30, 2026, at a median close price of $425,000. The median close price was down 4.6% from the same period last year and up 6.2% from the period before. The median price per square foot was $236.
Homes that sold spent a median of 69 days on the market. Median days on market was up 11.3% from the same period last year and down 38.9% from the period before. The median sale closed at 95.7% of its original list price, and 83.7% of sales closed below their original list price.
89 new listings came on the market in the same window. Today 102 homes are listed for sale, 14.23 months of inventory at the pace of the last six months (43 closings).
Want a closer look? Reply or call George at 713.918.9951 and we'll set up a showing.
Coverage: most home sales in Canyon Lake are listed in another MLS, which ALEX does not receive yet. The figures in this post count only sales listed in Unlock MLS (ABOR), so they describe part of the local market, not all of it.
Data from Unlock MLS. Information deemed reliable but not guaranteed. Model outputs are ALEX Intelligence estimates, not appraisals.
Read more Central Texas market data on the ALEX blog: https://alex-companies.com/blog
Source data: Unlock MLS, ABOR-listed sales only closed sales, rolling 6 months ending Sep 30, 2026, n=43
Cover photo: Canyon Lake TX wide by unknown, Public domain, via Wikimedia Commons; darkened, cropped and text added.
Licensed by the Texas Real Estate Commission. Broker: Alexander Tiffany Southwest, LLC · License #565194-BB.
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Partner, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Partner, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov










