Is Canton, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Canton is a seller's market

Buyer's
Market

Difference Since October 2021

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.

How much do homes in Canton, KY cost?

Median Sold Price

$225,000

$130/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

-$11,000(-4.7%)

Key Takeaway

Homes in Canton have sold for 4.7% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $74.9K$161.5K
+115.6%
2 $137.5K$128K
-6.9%
3 $225K$223.4K
-0.7%
4 $369.5K$417K
+12.9%
5+ $422.5K$367.5K
-13.0%

Median Sold Price Compared To Nearby Cities

Cerulean
+61.3%
Cadiz
+31.2%
Canton
-4.7%

How many homes are available in Canton, KY?

Number of Homes For Sale

Sep 2022Oct 2022%
2521-16.0%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 33
0.0%
3 116
-45.5%
4 1011
+10.0%
5+ 11
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
106-40.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Canton, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Canton, KY

Number of homes for sale in Canton, KY real estate market have reached 21. The number of listings in Canton, KY decreased by 16% between September 2022 and October 2022. From September 2022 through October 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties prices increased by 115.6%, prices of 2 bedrooms properties went down by 6.9%, 3 bedrooms properties prices decreased by 0.7%, prices of 4 bedrooms properties increased by 12.9%, 5 bedrooms properties prices decreased by 13%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory did not change, 3 bedrooms homes became 45.5% less available, 4 bedrooms homes inventory increased by 10%, number of 5 bedrooms homes remained the same. While more than 0 listings in Canton, KY in October 2022 were sold above asking price, there were more than 0 listings sold at asking price, and more than 6 were sold below.

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