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 October 2021

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.

How much do homes in North Canton, OH cost?

Median Sold Price

$205,000

$120/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$20,000(+10.8%)

Key Takeaway

Homes in North Canton have sold for 10.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $60K-
N/A
2 $145.5K$173K
+18.9%
3 $173.5K$195K
+12.4%
4 $229K$238.5K
+4.1%
5+ $417.4K$324.8K
-22.2%

Median Sold Price Compared To Nearby Cities

North Canton
+10.8%
Jackson Township
+8.0%
Plain Township
+6.3%
Canton
+0.8%

How many homes are available in North Canton, OH?

Number of Homes For Sale

Sep 2022Oct 2022%
5455+1.9%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 78
+14.3%
3 3233
+3.1%
4 1312
-7.7%
5+ 22
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
2016-20.0%

Asking Price vs. Sold Price

7 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 North Canton, you may be able to get a good deal. 43.8% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
11 Days18 Days+57.9%

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 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.

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

About North Canton, OH

North Canton, OH has 55 homes on the market. The inventory of homes for sale in North Canton, OH between September 2022 and October 2022 increased by 1.9%. Listings spent 18 days on the market in October 2022, and had a median list price of $205,000 during the same period. From September 2022 through October 2022, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties went up by 18.9%, the cost of 3 bedrooms properties went up by 12.4%, prices of 4 bedrooms properties increased by 4.1%, the cost of 5 bedrooms properties went down by 22.2%. Volume of homes for sale changed: the quantity of 1 bedroom homes have not changed, volume of 2 bedrooms homes went up by 14.3%, the quantity of 3 bedrooms homes went up by 3.1%, 4 bedrooms homes became 7.7% less available, 5 bedrooms homes inventory did not change. Over 6 listings were sold over their listed price in October 2022 in North Canton, OH. In the same period over 7 listings were sold below the listed price and 3 listings were sold for the listed price.

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