Is Canon, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Canon has remained a Seller's Market.
Housing Prices in Canon, GA
How much do homes in Canon, GA cost?
Median Sold Price
$229,900
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Canon was $229,900 in May 2024, up 14.9% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $175K | $248K | +41.7% |
3 Bedrooms | $219K | $212K | -3.2% |
4 Bedrooms | $184K | $269.9K | +46.7% |
5+ Bedrooms | - | $485K | N/A |
Summary: Canon housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 41.7%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 46.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Canon | $191.7K | $223K | +16.3% |
Canon | $200K | $229.9K | +14.9% |
Royston | $217.5K | $250K | +14.9% |
Royston | $217.5K | $249.5K | +14.7% |
Bowersville | $249.9K | $227K | -9.2% |
Housing Supply in Canon, GA
How many homes are available in Canon, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 11 | +10.0% |
Summary: The Canon real estate market had 11 homes for sale in May 2024, a 10.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 6 | 3 | -50.0% |
4 Bedrooms | 2 | 4 | +100.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Canon housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Canon in May 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Canon, GA
How long does it take to sell a home in Canon, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
11 Days | 75 Days | +581.8% |
Summary: Homes in Canon had an average of 75 days on market in May 2024, up by 581.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Canon; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.