Canyon Lake Homes Are Getting Smaller in the Last Six Months

Deal of the Week

Deal of the Week · 155 Mary Ann DR, Canyon Lake TX 78133 · MLS #2535214 · Listed by Dagwood Management, LLC. ALEX valuation $303,000 is an ALEX Intelligence estimate, not an appraisal.

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 $316,000 155 Mary Ann DR, Canyon Lake TX 78133 · MLS #2535214 Listed at $299,000, 4 bed, 2 bath, 2,001 sq ft. Listed 1% below the ALEX valuation; 37% under the local price per sq ft; price reduced 8% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1182633046/155-Mary-Ann-DR-Canyon-Lake-TX Lower-middle quartile: $316,000 to $392,000 141 Cody CT, Canyon Lake TX 78133 · MLS #6017860 Listed at $329,000, 3 bed, 2 bath, 1,265 sq ft. Listed 4% below the ALEX valuation; price reduced 12% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1186669274/141-Cody-CT-Canyon-Lake-TX Upper-middle quartile: $392,000 to $682,000 254 Buckhaven DR, Canyon Lake TX 78133 · MLS #8261600 Listed at $575,000, 3 bed, 2 bath, 2,480 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; price reduced 4% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1104577681/254-Buckhaven-DR-Canyon-Lake-TX Upper quartile: $682,000 and up 1889 Rush CRK, Canyon Lake TX 78133 · MLS #2315140 Listed at $849,750, 5 bed, 3.5 bath, 4,337 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; 17% under the local price per sq ft; price reduced 3% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1184252264/1889-Rush-CRK-Canyon-Lake-TX

Key figures · Canyon Lake · rolling 6 months ending Oct 31, 2026

47 homes sold in Canyon Lake in the 6 months ending Oct 31, 2026 (up 9.3% on a year earlier).

Median sale price: $400,000 (down 11.3% on a year earlier).

Median price per square foot: $238.

Median days on market: 70.

Median sale price as a share of the original list price: 95.2%.

100 homes for sale now, about 12.8 months of supply at the pace of the last six months.

Source: Unlock MLS, ABOR-listed sales only, rolling 6 months ending Oct 31, 2026. Homes only (single-family, condo, townhome). Information deemed reliable but not guaranteed.

Are buyers in Canyon Lake trading square footage for location or price? ALEX Intelligence analyzed the last six months of closed sales to track home size trends. The median living area for a sold home in Canyon Lake is now 1,824 square feet, down from 2,068 square feet in the prior six-month period. This represents an 11.8% decrease in average home size compared to the previous window. The data shows a clear shift toward smaller homes. While the median close price rose slightly by 2.0% to $400,000, the price per square foot jumped 9.2% to $238. This suggests that buyers are paying more for less space, or that new listings and sales are concentrated in smaller floor plans. The trend continues when compared to the same period last year; homes sold then averaged 1,888 square feet, meaning current sales are 3.4% smaller than they were a year ago. This contraction in size coincides with increased market activity. Closed sales rose from 33 to 47 homes, and the time it took to sell dropped significantly, with median days on market falling 28.6% to 70 days. The shrinking footprint may reflect a broader shift toward more affordable entry points or a change in the inventory mix available in Canyon Lake's subdivisions. ALEX Intelligence fit a trend analysis to these 47 closed sales to identify this size reduction. As the median price per square foot climbs, the total home size remains a key variable for buyers evaluating value in this ABOR-listed market segment. Want to see this home? Call or text George at 713.918.9951 for a private 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

George Arnold Alexander III, MPA

MIT, Nvidia, Google, AWS & IBM-Trained. Cross-Domain Expert. Castor Venture Club.

Partner, ALEX Companies

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