Is Canton, MA 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 November 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, MA cost?

Median Sold Price

$649,333

$348/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$38,000(+6.2%)

Key Takeaway

Homes in Canton have sold for 6.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $231K$230K
-0.4%
2 $441.2K$467.5K
+5.9%
3 $605K$625K
+3.3%
4 $813K$873.5K
+7.4%
5+ $950K$1.1M
+21.1%

Median Sold Price Compared To Nearby Cities

Westwood
+17.3%
Norwood
+10.4%
Dedham
+8.8%
Milton
+6.7%
Canton
+6.2%

How many homes are available in Canton, MA?

Number of Homes For Sale

Oct 2022Nov 2022%
7768-11.7%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 44
0.0%
2 2119
-9.5%
3 1515
0.0%
4 2822
-21.4%
5+ 98
-11.1%

Number of Homes Sold

Oct 2022Nov 2022%
2718-33.3%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

6 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. 50% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
23 Days32 Days+37.0%

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Canton are selling fast, if you're buying plan to act quickly.

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

About Canton, MA

Canton, MA has 68 homes on the market. In November 2022 in Canton, MA there were 11.7% less homes for sale than in October 2022. The median list price of listings available in November 2022 was $649,333, while the average time on the real estate market was 32 days. Listing prices have changed in this real estate market between October 2022 and November 2022: 1 bedroom properties became 0.4% more cheaper, prices of 2 bedrooms properties increased by 5.9%, 3 bedrooms properties became 3.3% more expensive, the cost of 4 bedrooms properties went up by 7.4%, prices of 5 bedrooms properties increased by 21.1%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes did not move, 2 bedrooms homes inventory decreased by 9.5%, the quantity of 3 bedrooms homes have not changed, number of 4 bedrooms homes decreased by 21.4%, number of 5 bedrooms homes decreased by 11.1%. In November 2022, from all listings sold in Canton, MA there were more than 6 sold above asking price, over 9 sold below and more than 3 were sold right at the asked price.

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