Is Canton, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Canton has remained a Seller's Market.
Key Takeaway
Canton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Canton, CT
How much do homes in Canton, CT cost?
Median Sold Price
$380,000
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Canton have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in Canton was $380,000 in March 2024, up 3.8% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $190K | +8.6% |
| 2 Bedrooms | $205K | $222.2K | +8.4% |
| 3 Bedrooms | $350K | $349K | -0.3% |
| 4 Bedrooms | $546.2K | $602K | +10.2% |
| 5+ Bedrooms | $575.5K | $587.5K | +2.1% |
Summary: Canton housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.6%, 2 bedroom homes increased by 8.4%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes increased by 2.1%.
Median Sold Price Compared To Nearby Cities
| New Hartford | $334K | $370.9K | +11.0% |
| West Simsbury | $492.5K | $530K | +7.6% |
| Avon | $450K | $475K | +5.6% |
| Canton | $366.2K | $380K | +3.8% |
| Burlington | $490K | $455K | -7.1% |
Housing Supply in Canton, CT
How many homes are available in Canton, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 24 | 25 | +4.2% |
Summary: The Canton real estate market had 25 homes for sale in March 2024, a 4.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 12 | 11 | -8.3% |
| 4 Bedrooms | 6 | 8 | +33.3% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Canton housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Canton, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Canton in March 2024, up by 25.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for Canton, CT
We’re sorry, we don't have information for this market at the moment
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