The Canyon Lake Forest housing market is somewhat competitive. The median sale price of a home in Canyon Lake Forest was $372K last month, up 11.0% since last year. The median sale price per square foot in Canyon Lake Forest is $208, down 16.3% since last year.
What is the housing market like in Canyon Lake Forest today?
In March 2024, Canyon Lake Forest home prices were up 11.0% compared to last year, selling for a median price of $372K. On average, homes in Canyon Lake Forest sell after 193 days on the market compared to 79 days last year. There were 1 homes sold in March this year, down from 11 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$372,000
+11.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Canyon Lake Forest, TX
$372,000
+11.0%
United States
To compare other locations to the Canyon Lake Forest and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Canyon Lake add value to a home.
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How hot is the Canyon Lake Forest housing market?
Canyon Lake Forest is somewhat competitive. Homes sell in 42 days.
0
100
39
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 12 months
Some homes get multiple offers.
The average homes sell for about 6% below list price and go pending in around 42 days.
Hot homes
can sell for around list price and go pending in around 26 days.
Learn about schools in the Canyon Lake Forest 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 Lake Forest housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Canyon Lake Forest.
Risk Factor
Flood Factor - Moderate
6% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Canyon Lake Forest has a moderate risk of flooding. 53 properties in Canyon Lake Forest are likely to be
severely affected
by flooding over the next 30 years. This represents 6% of all properties in Canyon Lake Forest. Flood risk is increasing slower than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
Canyon Lake Forest has a moderate risk of wildfire. There are 1,338 properties in Canyon Lake Forest that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in Canyon Lake Forest.
95% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Canyon Lake Forest has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Canyon Lake Forest is most at risk from hurricanes. 1,275 properties in Canyon Lake Forest 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 110 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 119 mph.
100% of properties are at severe
risk of heat over the next 30 years
Heat Factor
Canyon Lake Forest has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Canyon Lake Forest have a Severe Heat Factor®.
Canyon Lake Forest is expected to see a 200% increase in the number of days over 107ºF over the next 30 years. Canyon Lake Forest is expected to experience 9