Commercial Real Estate Market in Canyon, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
230 active listings and 528 off-market properties in Canyon, TX.
Market Trends
Canyon, TX spans 328.5 square miles in Randall County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Canyon, TX asks $98/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in Canyon, TX asks $161/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Canyon, TX runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily space in Canyon, TX asks $116/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 63.9%
- Commercial 16.2%
- Planned_development 5.8%
- Industrial 4.8%
Largest Zones share of zoned land by district
Single Family Agricultural Residential
Single Family Urban
Commercial
No Zoning
Single Family Suburban Residential
Canyon, TX zones 5,362 acres across 13 districts. Commercial zoning covers 16.2% of zoned land, residential 63.9% and industrial 4.8%. The largest single district is Single Family Agricultural Residential at 24.8%. For commercial buyers the practical constraint is that only 21% of land carries a commercial or industrial designation.
Single Family Urban (SF-6)
Districts . Table 1. Zoning Districts Residential Zoning Districts SF-43 Single-Family Agricultural Residential District SF-20 Single-Family Estate Residential District SF-10 Single-Family Suburban Residential District SF-6 Single-Family Urban District SF-5 Single-Family Patio Home District MH Manufactured Home District 2F Duplex Attached Residential Distric…
Market overview
Demographics & Economy
Canyon, TX has 22,378 residents in 9,318 households. Density runs 68 people per square mile. Median household income here is $81,351 and median gross rent $976 a month.
22,378
Population
9,318
Households
2.4
Avg Household Size
31
Median Age
40%
College-Educated
95%
High-School Grad
328.5 sq mi
ZIP Area
68
Density / Sq Mi
$81,351
Median Household Income
$42,034
Median Earnings
$976
Median Rent
$267,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Timbercreek Canyon | — | — |
| Palisades | — | — |
| Umbarger | — | — |
| Amarillo | — | $15.47 |
Frequently Asked Questions
What zoning applies to commercial property in Canyon?
Canyon, TX zones 5,362 acres across 13 districts, of which 16.2% is commercial and 4.8% industrial. The largest single district is Single Family Agricultural Residential at 24.8% of zoned land. Residential zoning covers 63.9% and open space 0%.
Where does Realmo's Canyon market data come from?
Realmo compiles Canyon, TX figures from 224 active sale listings, 6 active lease listings, 528 tracked off-market properties, the current Canyon zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 224 active for-sale and 6 active for-lease listings in Canyon, TX. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 5,362 zoned acres across 13 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
