$3,859 Closing Credit*
$325,000
2,064 SqFt
4 Beds
•2 Full Baths
Janna Pearman, Listing Office: Ebby Halliday Realtors
Is Canton, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Canton was a Neutral Market.
Key Takeaway
Canton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Canton, TX
How much do homes in Canton, TX cost?
Median Sold Price
$300,000
$241/sqft
Based on all homes sold in August 2024.
Difference Since Last Month
+$12,500(+4.3%)
Key Takeaway
Homes in Canton have sold for 4.3% more than they did a month ago.
Summary: The median home sold price in Canton was $300,000 in August 2024, up 4.3% from last month, and the median price per square foot was $241.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $300K | N/A |
| 3 Bedrooms | $287.5K | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Canton housing prices by bedroom type for August 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Canton, TX
How many homes are available in Canton, TX?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 91 | 95 | +4.4% |
Summary: The Canton real estate market had 95 homes for sale in August 2024, a 4.4% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 14 | 11 | -21.4% |
| 3 Bedrooms | 57 | 59 | +3.5% |
| 4 Bedrooms | 16 | 21 | +31.3% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Canton housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 21.4%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 31.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 14 | 17 | +21.4% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Canton, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Canton in August 2024, up by 21.4% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Canton, TX
How long does it take to sell a home in Canton, TX?
Average Sale Time
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 69 Days | 55 Days | -19.6% |
Summary: Homes in Canton had an average of 55 days on market in Aug 2024, down by 19.6% compared to last month.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Canton are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 17 homes were sold in Canton; 59% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
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