Metropolitan market · Colorado · September 2026 data

What is the Canon City, CO real estate market doing?

As of September 2026, the median home listed in Canon City, CO asks $418,250, down 3.3% year over year. Homes spend a median of 85 days on market, with 404 active listings and 19% carrying a price cut; pending contracts equal 21% of active listings, and inventory sits at 158% of the same month in 2019 — a buyer-leaning market. Figures come from public records and industry data, updated monthly.

Median listing price
$418,250
▼ 3.3% YoY
Median $ / sq ft
$234
1,786 sq ft median
Median days on market
85
September 2026
Active listings
404
For sale now
New listings
90
September 2026
Listings with price cuts
19%
Share of active
Inventory vs 2019
158%
Same month, 2019 = 100
Pending / active
21%
Contract activity

What is the Canon City, CO housing market doing right now?

The Canon City, CO housing market lists at a $418,250 median as of September 2026, down 3.3% year over year, with an 85-day median market time and 404 homes for sale (19% with a price cut). Active inventory is 158% of the 2019 level, reading as a buyer-leaning market by days-on-market pace.

Canon City housing market statistics

The table summarizes Canon City's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data.

Canon City, CO housing market at a glance — September 2026
MetricLatestDetail
Median listing price$418,250-3.3% YoY
Median price per sq ft$2341,786 sq ft median
Median days on market85+7% YoY
Active listings404+7% YoY
New listings this month90September 2026
Listings with a price cut19%Share of active
Pending-to-active ratio20.8%84 pending
Inventory vs 2019158%Active listings vs same month in 2019

How have home prices changed in Canon City?

Canon City home prices are down 3.3% year over year and +2.0% month over month as of September 2026, at a $418,250 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$450K$442K$434K$426K Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26

Median listing price, Canon City CO · trailing 8 quarters · source: public records and industry data.

The 10-year view
$464K$423K$382K$341K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Canon City CO · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Canon City?

Canon City has 404 active listings, 90 new this month, 84 pending as of September 2026. About 19% of active listings have cut their price, and inventory sits at 158% of its 2019 level — a buyer-leaning market by pace.

Active listings
404
New this month
90
Pending
84
Price-reduced
75

Is Canon City a good real estate investment?

Canon City scores 24/100 on WealthyBud's composite Investor Score, ranking #890 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
24/100
#890 of 933 covered metros
12-month outlook
-3.6%
▼ Cooling · model output, not advice
Momentum
52
Value
16
Rental yield
18
Supply risk
91
Market heat
15

Canon City scores 24/100 on our composite Investor Score (#890 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 158% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are down 3.3% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Canon City ranks on the trending markets index.

How much is a monthly mortgage payment in Canon City?

A home at Canon City's $418,250 median listing runs about $2,289 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 6.28%
$2,067/mo
−$223/mo vs today
At today's rate · 7.28%
$2,289/mo
National weekly average
If rates rise 1% · 8.28%
$2,521/mo
+$231/mo vs today

Principal & interest on the $418,250 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.

How much income do you need to buy a home in Canon City?

To buy Canon City’s $418,250 median listing with 20% down, a household needs about $104,000 a year in gross income, keeping principal, interest and property tax ($2,422/mo) at 28% of income. That is 1.7× the area’s $61,027 median household income, so a typical Canon City household cannot afford the median listing on these terms.

Income needed to buy the median home in Canon City, CO — September 2026
ItemAmountBasis
Median listing price$418,250September 2026
Down payment (20%)$83,650Assumption
Principal & interest (7.28%, 30-yr fixed)$2,289/moRate as of 2026-10-01
Property tax (0.38% effective rate)$132/moCensus ACS
Income needed (28% rule)$104,000Gross household income / yr
Median household income$61,027Census ACS 2023 ACS 5-year

Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.

What is driving the Canon City housing market?

Longer-run demand in Canon City shows up in 108 homes permitted in 2025; net migration of +238 residents. Natural-hazard risk rates Relatively Low. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
108
▼ 22.3% vs 2024
2.2 per 1,000 residents
Net migration (2022–2023)
+238
▲ people, via tax-return records
net income flow +$16.5M/yr
Natural-hazard risk
Relatively Low
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Canon City housing market FAQ

What is the median home price in Canon City?
As of September 2026, the median listing price in Canon City, CO is $418,250, down 3.3% year over year (source: public records and industry data). Figures cover the Canon City, CO metro area.
How much does it cost to buy a home in Canon City?
The median home listed in Canon City asks $418,250 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $2,289 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Canon City?
The median property in Canon City spends 85 days on the market, with 404 homes actively listed and 19% of them carrying a price cut — a buyer-leaning market as of September 2026.
Is it a buyer's or seller's market in Canon City?
With a median 85 days on market and 19% of active listings carrying a price cut, pending contracts at 21% of active listings, Canon City reads as a buyer-leaning market as of September 2026. Lean is based on days-on-market pace when closed-sale ratios are unavailable. Conditions shift monthly.
Is Canon City a good place to invest in real estate?
Canon City scores 24/100 on WealthyBud's Investor Score, ranking #890 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Canon City?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Canon City and the wider Colorado market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures cover the Canon City, CO metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

More Colorado housing markets

Jasper Lindqvist Commercial Real Estate Analyst

Jasper Lindqvist is a commercial real estate analyst who covers office, retail and industrial property trends, cap rates and vacancy using public REIT filings and market reports. He focuses on how commercial demand shifts ripple into residential markets.

Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.