Median price for residential apartments in as of May, 2021.
Remember to negotiate your price according to median sale prices. Also, take into account that the price depends on the size/amenities of the apartment.
607 Canyon Lake, TX, USA apartments for sale
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$399,000
View PhotosSingle Family Detached
Morningside Way, Canyon Lake, TX, USA
3 Bed
2 Bath
2,332 Sq Ft
$330,000
View PhotosHill Country, Single Family
Lookout Dr, Canyon Lake, TX, USA
3 Bed
2 Bath
1,430 Sq Ft
$550,000
View PhotosTraditional, Single Family
Wagon Wheel, Canyon Lake, TX, USA
3 Bed
3 Bath
2,125 Sq Ft
Canyon Lake
According to statistics, the population in Canyon Lake, TX amounts to 24,877, which shows growth 4% compared to the previous year. The median age of the city’s residents is 49. The average household income is $62,404, shifting growth 5% from the past year, and the average property value in Canyon Lake, TX growth 18% to $218,500 throughout the year.
| Population | 24,877 |
| Median Age | 49.4 |
| Poverty Rate | 12% |
| Household Income | $62,404 |
| Number Of Employees | 11,057 |
| Median Property Value | $218,500 |
Household Income
The average household income in Canyon Lake, TX grew from $59,464 to $62,404 in the past year. This data is an estimate based upon 9,978 households in Canyon Lake, TX . The chart below presents how household income is distributed in Canyon Lake, TX in comparison to the revenue allocation amid households nationally.
- USA
- Canyon Lake, TX
Property Value
According to data from last year, the average property value in Canyon Lake, TX shifted from $184,900 to $218,500 throughout the year. The subsequent graph indicates the share of properties in the given price range in Canyon Lake, TX in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Canyon Lake, TX properties falls in the '$300,000 to $399,999' range, which is higher than the most significant median property across the country.
- USA
- Canyon Lake, TX
Rent vs. Own
- Rent82%
- Own18%
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Canyon Lake, TX compared to median property taxes around the country. The prevalent amount of property taxes in Canyon Lake, TX equals $3000, which is less than the national average.
- USA
- Canyon Lake, TX
Housing Trends
Canyon Lake, TX, USA Housing Trends
Average sale in Canyon Lake: $309,749 (-43.1%)
| Apartment Size | May | vs Last Month |
|---|---|---|
| 2 bed apartments | $145,000 | -14.7% |
| 3 bed apartments | $374,934 | -29.6% |
| 4+ bed apartments | $293,990 | -50% |
During May 2021, the average price for an apartment in/near Canyon Lake, TX decreased by 43.1% to $309,749.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $145,000. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $374,934. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $293,990 for a big-family home.
| Listing Type | May | vs Last Month |
|---|---|---|
| Apartments for sale | $190,386 | +42.5% |
| Houses for sale | $397,853 | -49.7% |
| Townhouses for sale | $422,000 | N/A |
While assessing the property pricing Canyon Lake, TX, you can note that it remains flat with a price tag of $190,386. According to statistics, average house is still $397,853 with no significant changes this month. Value of the townhouses didn’t change, the price still starts at $422,000.
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