Is North Canton, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Canton is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, North Canton has remained a Seller's Market.

Key Takeaway

North Canton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in North Canton, OH

How much do homes in North Canton, OH cost?

Median Sold Price

$270,457

$136/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$1,190(+0.4%)

Key Takeaway

The sold price of homes in North Canton has remained the same since last year.

Summary: The median home sold price in North Canton was $270,457 in November 2024, up 0.4% from last year, and the median price per square foot was $136.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $215K$210.5K
-2.1%
3 $240K$250K
+4.2%
4 $315K$315.9K
0.3%
5+ $435K$394.2K
-9.4%

Summary: North Canton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.1%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes decreased by 9.4%.

Median Sold Price Compared To Nearby Cities

Canton
+11.8%
Jackson Township
+8.6%
Plain Township
+5.2%
North Canton
0.4%

Housing Supply in North Canton, OH

How many homes are available in North Canton, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
149129-13.4%

Summary: The North Canton real estate market had 129 homes for sale in November 2024, a 13.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 3225
-21.9%
3 6866
-2.9%
4 3929
-25.6%
5+ 109
-10.0%

Summary: The North Canton housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 21.9%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 25.6%, and 5+ bedroom homes decreased by 10%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3735-5.4%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Canton, you may be able to get a good deal. 62.9% of homes here sold below asking price last month.

Summary: A total of 35 homes were sold or pending in North Canton in November 2024, down by 5.4% month-over-month. Of the 35 sold homes, 63% were sold under asking, 11% were sold at asking, and 26% were sold over asking.

Days on Market for North Canton, OH

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

Average Sale Time

Nov 2023Nov 2024CHANGE
38 Days37 Days-3.9%

Summary: Homes in North Canton had an average of 37 days on market in Nov 2024, down by 3.9% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 35 homes were sold in North Canton; 63% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.

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

Report Updated 1 Day Ago

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