Is East Canton, OH 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, East Canton has remained a Seller's Market.
Key Takeaway
East Canton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Canton, OH
How much do homes in East Canton, OH cost?
Median Sold Price
$185,450
$130/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in East Canton has remained the same since last year.
Summary: The median home sold price in East Canton was $185,450 in April 2024, down 0.3% from last year, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $69.5K | $83K | +19.4% |
| 2 Bedrooms | $142.5K | $130K | -8.8% |
| 3 Bedrooms | $189K | $190K | 0.5% |
| 4 Bedrooms | $193.2K | $250K | +29.4% |
| 5+ Bedrooms | $423.8K | $224.5K | -47.0% |
Summary: East Canton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.4%, 2 bedroom homes decreased by 8.8%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 29.4%, and 5+ bedroom homes decreased by 47%.
Median Sold Price Compared To Nearby Cities
| Osnaburg Township | $188K | $202K | +7.4% |
| East Canton | $186K | $185.4K | -0.3% |
Housing Supply in East Canton, OH
How many homes are available in East Canton, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 19 | +58.3% |
Summary: The East Canton real estate market had 19 homes for sale in April 2024, a 58.3% 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 | 0 | 1 | +100.0% |
| 3 Bedrooms | 7 | 11 | +57.1% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The East 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 100%, 3 bedroom homes increased by 57.1%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Canton, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in East Canton in April 2024, up by 100.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for East Canton, OH
How long does it take to sell a home in East Canton, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 38 Days | 12 Days | -68.0% |
Summary: Homes in East Canton had an average of 12 days on market in Apr 2024, down by 68% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Canton are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 6 homes were sold in East Canton; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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