Is Canton, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
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, GA
How much do homes in Canton, GA cost?
Median Sold Price
$489,631
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in Canton have sold for 16.6% more than they did a year ago.
Summary: The median home sold price in Canton was $489,631 in November 2023, up 16.6% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $425K | N/A |
| 2 Bedrooms | $341.2K | $399K | +16.9% |
| 3 Bedrooms | $370.3K | $401.1K | +8.3% |
| 4 Bedrooms | $436.9K | $495.2K | +13.3% |
| 5+ Bedrooms | $564.4K | $653.8K | +15.8% |
Summary: Canton housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.9%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 15.8%.
Median Sold Price Compared To Nearby Cities
| Canton | $420K | $489.6K | +16.6% |
| Holly Springs | $450K | $445.5K | -1.0% |
Housing Supply in Canton, GA
How many homes are available in Canton, GA?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 585 | 579 | -1.0% |
Summary: The Canton real estate market had 579 homes for sale in November 2023, a 1.0% decrease compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 45 | 43 | -4.4% |
| 3 Bedrooms | 208 | 205 | -1.4% |
| 4 Bedrooms | 159 | 164 | +3.1% |
| 5+ Bedrooms | 172 | 166 | -3.5% |
Summary: The Canton housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 4.4%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes decreased by 3.5%.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 156 | 141 | -9.6% |
Asking Price vs. Sold Price
58 Homes Were Sold
Under Asking
61 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Canton, expect to pay close to the asking price. 46.2% of homes here sold near the asking price last month.
Summary: A total of 141 homes were sold or pending in Canton in November 2023, down by 9.6% month-over-month. Of the 132 sold homes, 44% were sold under asking, 46% were sold at asking, and 10% were sold over asking.
Days on Market for Canton, GA
How long does it take to sell a home in Canton, GA?
Average Sale Time
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 28 Days | 25 Days | -11.2% |
Summary: Homes in Canton had an average of 25 days on market in Nov 2023, down by 11.2% compared to last year.
Breakdown of Home Sale Times
97 Homes Were Sold
Under 30 Days
36 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Canton are selling fast, if you're buying plan to act quickly.
Summary: During November 2023, 141 homes were sold in Canton; 69% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Athens Area Association of Realtors. Information deemed reliable but not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2023 Greater Chattanooga Association of REALTORS®.