Is Canton, NC 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 May 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.

How much do homes in Canton, NC cost?

Median Sold Price

$312,250

$217/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2022

+$62,250(+24.9%)

Key Takeaway

Homes in Canton have sold for 24.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2022May 2023%
1 $189.3K$115K
-39.3%
2 $196.2K$260K
+32.5%
3 $264.9K$325.7K
+22.9%
4 $290K$343K
+18.3%
5+ $290K$395K
+36.2%

Median Sold Price Compared To Nearby Cities

Canton
+24.9%
Beaverdam Township
+7.2%
Leicester
+1.2%

How many homes are available in Canton, NC?

Number of Homes For Sale

Apr 2023May 2023%
8892+4.5%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 00
0.0%
2 1820
+11.1%
3 5662
+10.7%
4 72
-71.4%
5+ 78
+14.3%

Number of Homes Sold

Apr 2023May 2023%
2622-15.4%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

8 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. 45.5% of homes here sold below asking price last month.

How long does it take to sell a home in Canton, NC?

How long does it take to sell a home in Canton, NC?

Average Sale Time

May 2022May 2023%
41 Days23 Days-42.8%

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

4 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.

What housing markets are near Canton, NC?

About Canton, NC

There are 92 homes are for sale in Canton, NC real estate market. In May 2023 in Canton, NC there were 4.5% more homes for sale than in April 2023. In May 2023, listings were on the market for 23 days. During the same period, the median list price in this real estate market was $312,250. This housing market listing prices have changed between April 2023 and May 2023: 1 bedroom properties became 39.3% more cheaper, 2 bedrooms properties prices increased by 32.5%, 3 bedrooms properties prices increased by 22.9%, the cost of 4 bedrooms properties went up by 18.3%, the cost of 5 bedrooms properties went up by 36.2%. Volume of homes for sale changed: volume of 1 bedroom homes stayed the same, 2 bedrooms homes became 11.1% more available, number of 3 bedrooms homes increased by 10.7%, the quantity of 4 bedrooms homes went down by 71.4%, 5 bedrooms homes became 14.3% more available. Over 8 listings were sold over their listed price in May 2023 in Canton, NC. In the same period over 10 listings were sold below the listed price and 4 listings were sold for the listed price.