$2,255 Closing Credit*
$189,900
3,032 SqFt
6 Beds
•2 Full Baths, 1 Partial
Michelle Campbell, Listing Office: Jim Maloof Realty, Inc.
Is Canton, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 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, IL
How much do homes in Canton, IL cost?
Median Sold Price
$98,000
$74/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$2,000(+2.1%)
Key Takeaway
Homes in Canton have sold for 2.1% more than they did a year ago.
Summary: The median home sold price in Canton was $98,000 in December 2024, up 2.1% from last year, and the median price per square foot was $74.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $46.9K | $17.5K | -62.7% |
| 2 Bedrooms | $76K | $69.9K | -8.0% |
| 3 Bedrooms | $99.7K | $130K | +30.3% |
| 4 Bedrooms | $170.5K | $162K | -5.0% |
| 5+ Bedrooms | $124.5K | $294.9K | +136.9% |
Summary: Canton housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 62.7%, 2 bedroom homes decreased by 8%, 3 bedroom homes increased by 30.3%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 136.9%.
Median Sold Price Compared To Nearby Cities
| Canton | $96K | $98K | +2.1% |
| Canton Township | $96K | $98K | +2.1% |
Housing Supply in Canton, IL
How many homes are available in Canton, IL?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 55 | 40 | -27.3% |
Summary: The Canton real estate market had 40 homes for sale in December 2024, a 27.3% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 16 | 10 | -37.5% |
| 3 Bedrooms | 29 | 22 | -24.1% |
| 4 Bedrooms | 9 | 7 | -22.2% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Canton housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 37.5%, 3 bedroom homes decreased by 24.1%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 20 | 11 | -45.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Canton, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Canton in December 2024, down by 45.0% month-over-month. Of the 11 sold homes, 64% were sold under asking, 9% were sold at asking, and 27% were sold over asking.
Days on Market for Canton, IL
How long does it take to sell a home in Canton, IL?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 49 Days | 48 Days | -2.7% |
Summary: Homes in Canton had an average of 48 days on market in Dec 2024, down by 2.7% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 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 December 2024, 11 homes were sold in Canton; 64% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.