$8,193 Closing Credit*
$689,900
2,671 SqFt
4 Beds
•4 Full Baths
Mark Spain, Listing Office: Mark Spain Real Estate
Is Canton, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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, GA
How much do homes in Canton, GA cost?
Median Sold Price
$530,279
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$38,231(+7.8%)
Key Takeaway
Homes in Canton have sold for 7.8% more than they did a year ago.
Summary: The median home sold price in Canton was $530,279 in November 2024, up 7.8% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $425K | $240K | -43.5% |
| 2 Bedrooms | $405K | $456.9K | +12.8% |
| 3 Bedrooms | $403.7K | $414K | +2.5% |
| 4 Bedrooms | $490.6K | $521.7K | +6.3% |
| 5+ Bedrooms | $653.4K | $699.9K | +7.1% |
Summary: Canton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 43.5%, 2 bedroom homes increased by 12.8%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 7.1%.
Median Sold Price Compared To Nearby Cities
| Canton | $492K | $530.2K | +7.8% |
| Holly Springs | $443.5K | $475K | +7.1% |
Housing Supply in Canton, GA
How many homes are available in Canton, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 753 | 775 | +2.9% |
Summary: The Canton real estate market had 775 homes for sale in November 2024, a 2.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 6 | 0.0% |
| 2 Bedrooms | 62 | 68 | +9.7% |
| 3 Bedrooms | 249 | 260 | +4.4% |
| 4 Bedrooms | 231 | 225 | -2.6% |
| 5+ Bedrooms | 205 | 216 | +5.4% |
Summary: The Canton housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 4.4%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 5.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 132 | 145 | +9.8% |
Asking Price vs. Sold Price
84 Homes Were Sold
Under Asking
38 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Canton, you may be able to get a good deal. 59.6% of homes here sold below asking price last month.
Summary: A total of 145 homes were sold or pending in Canton in November 2024, up by 9.8% month-over-month. Of the 141 sold homes, 60% were sold under asking, 27% were sold at asking, and 13% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 36 Days | +46.4% |
Summary: Homes in Canton had an average of 36 days on market in Nov 2024, up by 46.4% compared to last year.
Breakdown of Home Sale Times
88 Homes Were Sold
Under 30 Days
35 Homes Were Sold
In 30 - 90 Days
22 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 November 2024, 145 homes were sold in Canton; 61% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
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