Is Canton, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Canton has remained a Seller's Market.
Key Takeaway
Canton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Canton, CT
How much do homes in Canton, CT cost?
Median Sold Price
$404,900
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Canton have sold for 12.5% more than they did a year ago.
Summary: The median home sold price in Canton was $404,900 in May 2024, up 12.5% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $176K | - | N/A |
| 2 Bedrooms | $210K | $230K | +9.5% |
| 3 Bedrooms | $341K | $390K | +14.4% |
| 4 Bedrooms | $587.5K | $615K | +4.7% |
| 5+ Bedrooms | $575K | $630K | +9.6% |
Summary: Canton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 14.4%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 9.6%.
Median Sold Price Compared To Nearby Cities
| Canton | $360K | $404.9K | +12.5% |
| Avon | $450.6K | $482.5K | +7.1% |
| New Hartford | $350K | $370.9K | +6.0% |
| West Simsbury | $525.6K | $529.5K | +0.7% |
| Burlington | $505K | $470K | -6.9% |
Housing Supply in Canton, CT
How many homes are available in Canton, CT?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 27 | 28 | +3.7% |
Summary: The Canton real estate market had 28 homes for sale in May 2024, a 3.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 12 | 11 | -8.3% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Canton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 14 | +366.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Canton, you could pay more than the asking price. 78.6% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in Canton in May 2024, up by 366.7% month-over-month. Of the 14 sold homes, 7% were sold under asking, 14% were sold at asking, and 79% were sold over asking.
Days on Market for Canton, CT
We’re sorry, we don't have information for this market at the moment
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