Is Canton, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Canton has remained a Seller's Market.
Housing Prices in Canton, NC
How much do homes in Canton, NC cost?
Median Sold Price
$333,000
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Canton was $333,000 in April 2024, up 9.2% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $115K | $115K | 0.0% |
2 Bedrooms | $215K | $262K | +21.9% |
3 Bedrooms | $311K | $350.1K | +12.6% |
4 Bedrooms | $346K | $329K | -4.9% |
5+ Bedrooms | $411K | $548.3K | +33.4% |
Summary: Canton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.9%, 3 bedroom homes increased by 12.6%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes increased by 33.4%.
Median Sold Price Compared To Nearby Cities
Beaverdam Township | $300K | $333K | +11.0% |
Canton | $305K | $333K | +9.2% |
Leicester | $400K | $385K | -3.8% |
Housing Supply in Canton, NC
How many homes are available in Canton, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
70 | 71 | +1.4% |
Summary: The Canton real estate market had 71 homes for sale in April 2024, a 1.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 21 | 23 | +9.5% |
3 Bedrooms | 38 | 36 | -5.3% |
4 Bedrooms | 6 | 8 | +33.3% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Canton housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 9.5%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 19 | +72.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Canton in April 2024, up by 72.7% month-over-month. Of the 19 sold homes, 47% were sold under asking, 21% were sold at asking, and 32% were sold over asking.
Days on Market for Canton, NC
How long does it take to sell a home in Canton, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
52 Days | 13 Days | -73.3% |
Summary: Homes in Canton had an average of 13 days on market in Apr 2024, down by 73.3% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 19 homes were sold in Canton; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.