Is North 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, 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
$273,986
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in North Canton have sold for 9.6% more than they did a year ago.
Summary: The median home sold price in North Canton was $273,986 in March 2024, up 9.6% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $147K | - | N/A |
| 2 Bedrooms | $188K | $234.5K | +24.7% |
| 3 Bedrooms | $221.1K | $245K | +10.8% |
| 4 Bedrooms | $295K | $320K | +8.5% |
| 5+ Bedrooms | $379K | $432.5K | +14.1% |
Summary: North Canton housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 24.7%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 14.1%.
Median Sold Price Compared To Nearby Cities
| North Canton | $250K | $273.9K | +9.6% |
| Jackson Township | $285.6K | $300.9K | +5.4% |
| Canton | $147.1K | $152.8K | +3.8% |
| Plain Township | $224.9K | $230.9K | +2.6% |
Housing Supply in North Canton, OH
How many homes are available in North Canton, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 88 | 99 | +12.5% |
Summary: The North Canton real estate market had 99 homes for sale in March 2024, a 12.5% increase 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 | 13 | 16 | +23.1% |
| 3 Bedrooms | 39 | 36 | -7.7% |
| 4 Bedrooms | 26 | 34 | +30.8% |
| 5+ Bedrooms | 10 | 13 | +30.0% |
Summary: The North 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 increased by 23.1%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 30.8%, and 5+ bedroom homes increased by 30%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 33 | 29 | -12.1% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Canton, you may be able to get a good deal. 40.7% of homes here sold below asking price last month.
Summary: A total of 29 homes were sold or pending in North Canton in March 2024, down by 12.1% month-over-month. Of the 27 sold homes, 41% were sold under asking, 19% were sold at asking, and 41% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 41 Days | 29 Days | -28.7% |
Summary: Homes in North Canton had an average of 29 days on market in Mar 2024, down by 28.7% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Canton are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 29 homes were sold in North Canton; 72% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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