Is East Canton, OH 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, East Canton has remained a Neutral Market.
Key Takeaway
East Canton is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in East Canton, OH
How much do homes in East Canton, OH cost?
Median Sold Price
$185,000
$135/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since March 2023.
Key Takeaway
The sold price of homes in East Canton has remained the same since last year.
Summary: The median home sold price in East Canton was $185,000 in March 2024, the same as last year, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $69.5K | $83K | +19.4% |
| 2 Bedrooms | $146.2K | $130K | -11.1% |
| 3 Bedrooms | $189K | $193.5K | +2.4% |
| 4 Bedrooms | $195K | $385K | +97.4% |
| 5+ Bedrooms | $362.7K | $240K | -33.8% |
Summary: East Canton housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.4%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 97.4%, and 5+ bedroom homes decreased by 33.8%.
Median Sold Price Compared To Nearby Cities
| Osnaburg Township | $186K | $203.5K | +9.4% |
| East Canton | $185K | $185K | 0.0% |
Housing Supply in East Canton, OH
How many homes are available in East Canton, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 14 | 12 | -14.3% |
Summary: The East Canton real estate market had 12 homes for sale in March 2024, a 14.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 9 | 6 | -33.3% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The East Canton housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Canton, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in East Canton in March 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for East Canton, OH
How long does it take to sell a home in East Canton, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 3 Days | 2 Days | -16.7% |
Summary: Homes in East Canton had an average of 2 days on market in Mar 2024, down by 16.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Canton are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 2 homes were sold in East Canton; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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