27Alpha

Cañon City, CO metro area Housing Market Brief

metro · CO · score computed October 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 Momentum—No data
—
Inventory Health31%
●61

Population band 2 of 5 (population 37,900–58,725) · comparable within its band

Affordability25%
●13
Economic Strength25%
-0.76
Rental Yield19%
●14

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

EmergingGrowingMaturePeakingDecliningRecovering

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.

What’s the forecast for Cañon City, CO metro area?

Metro-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Cañon City, CO metro area housing market data

MetricValueYoYSource
Median Sale Price$305K▼ -10.2%Redfin
Median Days on Market98 days▲ +25.6%Redfin
Months of Supply6.7▲ +8.1%Redfin
Homes for Sale372▼ -0.5%Redfin
Homes Sold55▼ -8.3%Redfin
Median Price / Sq Ft$221▼ -5.2%Redfin

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

Now: 27
2-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?

In the scores computed October 2026, Cañon City, CO metro area is classified as a Buyer's Market, based on its Alpha Score of 27 out of 100. It is based on the 4 of five dimensions we can measure for this market — building, affordability, economic, and rental-yield — whose weights are scaled up to cover the whole score. The rest are not measured here and are left out rather than filled in with a placeholder.

Are home prices rising or falling in Cañon City, CO metro area?

The median sale price in Cañon City, CO metro area is $305K, having fallen 10.2% over the past year, according to Redfin.

How affordable is Cañon City, CO metro area?

Cañon City, CO metro area scores 13 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 (61/100) and its weakest is Economic Strength (6/100). The Alpha Score is a weighted blend of five dimensions; 4 of them have data for this market.

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.