The Canyon Falls housing market is somewhat competitive. The median sale price of a home in Canyon Falls was $673K last month, up 12.6% since last year. The median sale price per square foot in Canyon Falls is $219, down 4.8% since last year.
What is the housing market like in Canyon Falls today?
In April 2024, Canyon Falls home prices were up 12.6% compared to last year, selling for a median price of $673K. On average, homes in Canyon Falls sell after 50 days on the market compared to 44 days last year. There were 40 homes sold in April this year, up from 32 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$672,500
+12.6% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Canyon Falls, TX
$672,500
+12.6%
United States
To compare other locations to the Canyon Falls and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Flower Mound add value to a home.
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How hot is the Canyon Falls housing market?
Canyon Falls is somewhat competitive. Homes sell in 39 days.
0
100
42
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 39 days.
Hot homes
can sell for around list price and go pending in around 25 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
98.3%
-0.61 pt YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Canyon Falls, TX
98.3%
-0.61 pt
United States
Home offer insights for Canyon Falls
Explore recent offers and recently sold homes in Canyon Falls
Recent offers
Schools in Canyon Falls
Learn about schools in the Canyon Falls area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Canyon Falls housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Canyon Falls.
Risk Factor
Flood Factor - Moderate
4% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Canyon Falls has a moderate risk of flooding. 77 properties in Canyon Falls are likely to be
severely affected
by flooding over the next 30 years. This represents 4% of all properties in Canyon Falls. Flood risk is increasing faster than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
Canyon Falls has a major risk of wildfire. There are 2,172 properties in Canyon Falls that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Canyon Falls.
94% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Canyon Falls has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Canyon Falls is most at risk from hurricanes. 2,059 properties in Canyon Falls have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 74 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 83 mph.