What to know before you move: cost, market timing, who it fits.
If you're considering a move to Canyon Lake, TX, the most important variables are the local housing market, the cost structure (taxes, insurance, utilities), and how well the city fits your day-to-day life. This page summarizes the housing market read; pair it with the cost of living page for the full picture.
Canyon Lake is a city in Comal County, Texas, with an estimated population of 31,124. It anchors the San Antonio-New Braunfels metro area. The median home value in Canyon Lake is $397,444 as of 2026-04, down 2.8% over the last 12 months. Over the last five years, home values have averaged +3.4% annual growth, and the market currently sits about 12% below its 5-year peak. Rents in Canyon Lake average $1,718 per month, down 2.5% year-over-year. The composite momentum score is 45 of 100 (Cooling). Buyers may find more room to negotiate; sellers should price realistically.
Prices have come off recent highs (-11.7% from peak). Buyers may have more room to negotiate; sellers should price realistically.
Reasons people move here
- The data is the data: Canyon Lake has at least 5 years of Zillow tracking, full Census identification, and is included in the 1-criteria momentum score on this page.
- Data is sourced from public datasets (Zillow, US Census) with full citations on the methodology page.
Things to know first
- Cooling: -2.8% over the trailing year — momentum has stalled.
- 12% off recent peak — buyers are getting through-the-cycle pricing, not the peak.
More about Canyon Lake
Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.