Cañon City, CO metro area Housing Market Brief
metro · CO · as of August 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 Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Cañon City, CO metro area?
Our model forecasts Cañon City, CO metro area’s home prices to hold flat over the next 12 months (high confidence).
This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.
Cañon City, CO metro area housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $374K | ▲ +0.6% |
| Median Days on Market | 69 days | ▲ +7.8% |
| Months of Supply | 6.7 | ▼ -9.5% |
| Homes for Sale | 400 | ▲ +3.9% |
| Homes Sold | 62 | ▲ +14.8% |
| Median Price / Sq Ft | $231 | ▲ +4% |
How has Cañon City, CO metro area’s Alpha Score moved?
Markets like Cañon City, CO metro area
- Rockport, TX metro area, TXmetro21
- Glenwood Springs, CO metro area, COmetro25
- Roseburg, OR metro area, ORmetro29
- Klamath Falls, OR metro area, ORmetro28
- Show Low, AZ metro area, AZmetro17
- Prineville, OR metro area, ORmetro30
- Ellensburg, WA metro area, WAmetro23
- Fort Morgan, CO metro area, COmetro22
- Ruidoso, NM metro area, NMmetro24
- Brainerd, MN metro area, MNmetro32
Frequently asked questions
Is Cañon City, CO metro area a buyer's or seller's market?
As of August 2026, Cañon City, CO metro area is classified as a Deep Buyer's Market, based on its Alpha Score of 23 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 $374K, having risen 0.6% 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 Inventory Health (33/100) 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.