Cañon City, CO metro area Housing Market Brief
metro · as of May 2026
What is Cañon City, CO metro area’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is Cañon City, CO metro area in its market cycle?
Cañon City, CO metro area is classified as Recovering — turning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.
Cañon City, CO metro area housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $372K | ▼ -0.7% |
| Median Days on Market | 85 days | ▲ +2.4% |
| Months of Supply | 5.6 | ▼ -15.1% |
| Homes for Sale | 372 | ▲ +2.8% |
| Homes Sold | 66 | ▲ +20% |
| Median Price / Sq Ft | $224 | ▼ -3.9% |
| Sale-to-List Ratio | 97.6% | ▲ +1.5% |
How has Cañon City, CO metro area’s Alpha Score moved?
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Frequently asked questions
Is Cañon City, CO metro area a buyer's or seller's market?
As of May 2026, Cañon City, CO metro area is classified as a Buyer's Market, based on its Alpha Score of 39 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Cañon City, CO metro area?
The median sale price in Cañon City, CO metro area is $372K, having fallen 0.7% over the past year.
How affordable is Cañon City, CO metro area?
Cañon City, CO metro area scores 14 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Cañon City, CO metro area's Alpha Score?
Cañon City, CO metro area's strongest dimension is Rental Yield (54/100) and its weakest is Affordability (14/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Cañon City, CO metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.