39Alpha

Cañon City, CO metro area Housing Market Brief

metro · as of July 2026

Buyer's

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.

Price Momentum20%
44
Inventory Health25%
36
Affordability20%
14
Economic Strength20%No data
50
Rental Yield15%
55

Where is Cañon City, CO metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Cañon City, CO metro area is classified as Mature holding near a healthy peak. 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

MetricValueYoY
Median Sale Price$372K-0.7%
Median Days on Market85 days▲ +2.4%
Months of Supply5.6-15.1%
Homes for Sale372▲ +2.8%
Homes Sold66▲ +20%
Median Price / Sq Ft$224-3.9%

How has Cañon City, CO metro area’s Alpha Score moved?

Now: 39
12-period trend
Median sale price · 12 mo

Markets like Cañon City, CO metro area

Frequently asked questions

Is Cañon City, CO metro area a buyer's or seller's market?

As of July 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 (55/100) 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.