Is Canton, GA 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, GA
How much do homes in Canton, GA cost?
Median Sold Price
$509,375
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Canton was $509,375 in April 2024, up 13.2% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $332.5K | N/A |
2 Bedrooms | $359.9K | $459K | +27.5% |
3 Bedrooms | $390.1K | $408.3K | +4.7% |
4 Bedrooms | $457K | $510K | +11.6% |
5+ Bedrooms | $605.5K | $672.7K | +11.1% |
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 27.5%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes increased by 11.1%.
Median Sold Price Compared To Nearby Cities
Canton | $450K | $509.3K | +13.2% |
Holly Springs | $450K | $455K | +1.1% |
Housing Supply in Canton, GA
How many homes are available in Canton, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
746 | 778 | +4.3% |
Summary: The Canton real estate market had 778 homes for sale in April 2024, a 4.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 3 | +100.0% |
2 Bedrooms | 45 | 44 | -2.2% |
3 Bedrooms | 247 | 246 | -0.4% |
4 Bedrooms | 226 | 221 | -2.2% |
5+ Bedrooms | 228 | 264 | +15.8% |
Summary: The Canton housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 2.2%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes increased by 15.8%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
172 | 221 | +28.5% |
Asking Price vs. Sold Price
89 Homes Were Sold
Under Asking
58 Homes Were Sold
At Asking
65 Homes Were Sold
Over Asking
Summary: A total of 221 homes were sold or pending in Canton in April 2024, up by 28.5% month-over-month. Of the 212 sold homes, 42% were sold under asking, 27% were sold at asking, and 31% were sold over asking.
Days on Market for Canton, GA
How long does it take to sell a home in Canton, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
27 Days | 25 Days | -9.0% |
Summary: Homes in Canton had an average of 25 days on market in Apr 2024, down by 9% compared to last year.
Breakdown of Home Sale Times
162 Homes Were Sold
Under 30 Days
43 Homes Were Sold
In 30 - 90 Days
16 Homes Were Sold
Over 90 Days
Summary: During April 2024, 221 homes were sold in Canton; 73% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.