Is Canton Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Canton Township is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Canton Township, PA

How much do homes in Canton Township, PA cost?

Median Sold Price

$225,000

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$25,000(+12.5%)

Key Takeaway

Homes in Canton Township have sold for 12.5% more than they did a year ago.

Summary: The median home sold price in Canton Township was $225,000 in September 2024, up 12.5% from last year, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $65.2K$32K
-51.0%
2 $137.5K$65K
-52.7%
3 $225K$235K
+4.4%
4 $332K$362K
+9.0%
5+ $207.5K-
N/A

Summary: Canton Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 51%, 2 bedroom homes decreased by 52.7%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Canton Township
+12.5%
North Franklin Township
+8.8%
Washington
+2.8%
Chartiers Township
-1.3%

Housing Supply in Canton Township, PA

How many homes are available in Canton Township, PA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
3234+6.3%

Summary: The Canton Township real estate market had 34 homes for sale in September 2024, a 6.3% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 11
0.0%
2 89
+12.5%
3 1721
+23.5%
4 52
-60.0%
5+ 11
0.0%

Summary: The Canton Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 23.5%, 4 bedroom homes decreased by 60%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
86-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Canton Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Canton Township in September 2024, down by 25.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Canton Township, PA

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

Average Sale Time

Sep 2023Sep 2024CHANGE
32 Days73 Days+125.7%

Summary: Homes in Canton Township had an average of 73 days on market in Sep 2024, up by 125.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 6 homes were sold in Canton Township; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% 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 3 Days Ago

Newest Listings in Canton Township, PA

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What housing markets are near Canton Township, PA?