Is Canton, GA 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, GA
How much do homes in Canton, GA cost?
Median Sold Price
$506,282
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Canton have sold for 13.6% more than they did a year ago.
Summary: The median home sold price in Canton was $506,282 in March 2024, up 13.6% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $332.5K | N/A |
| 2 Bedrooms | $341.2K | $462.4K | +35.5% |
| 3 Bedrooms | $382K | $404K | +5.8% |
| 4 Bedrooms | $450.8K | $511K | +13.3% |
| 5+ Bedrooms | $593.9K | $669.2K | +12.7% |
Summary: Canton housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 35.5%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 12.7%.
Median Sold Price Compared To Nearby Cities
| Canton | $445.5K | $506.2K | +13.6% |
| Holly Springs | $449.9K | $477.5K | +6.1% |
Housing Supply in Canton, GA
How many homes are available in Canton, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 636 | 753 | +18.4% |
Summary: The Canton real estate market had 753 homes for sale in March 2024, a 18.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 2 | +100.0% |
| 2 Bedrooms | 45 | 49 | +8.9% |
| 3 Bedrooms | 196 | 231 | +17.9% |
| 4 Bedrooms | 195 | 234 | +20.0% |
| 5+ Bedrooms | 200 | 237 | +18.5% |
Summary: The Canton housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 17.9%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 18.5%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 133 | 155 | +16.5% |
Asking Price vs. Sold Price
69 Homes Were Sold
Under Asking
44 Homes Were Sold
At Asking
37 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Canton, you may be able to get a good deal. 46% of homes here sold below asking price last month.
Summary: A total of 155 homes were sold or pending in Canton in March 2024, up by 16.5% month-over-month. Of the 150 sold homes, 46% were sold under asking, 29% were sold at asking, and 25% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 48 Days | 29 Days | -39.8% |
Summary: Homes in Canton had an average of 29 days on market in Mar 2024, down by 39.8% compared to last year.
Breakdown of Home Sale Times
112 Homes Were Sold
Under 30 Days
30 Homes Were Sold
In 30 - 90 Days
13 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 March 2024, 155 homes were sold in Canton; 72% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 8% 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 Classic MLS. 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. 
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved. 
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© 2024 Greater Chattanooga Association of REALTORS®.