$4,334 Closing Credit*
$365,000
3,092 SqFt
3 Beds
•3 Full Baths
Douglas Falk, Listing Office: Gorsuch Realty & Auction
Is Canton Township, IL 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 Township has remained a Seller's Market.
Key Takeaway
Canton Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Canton Township, IL
How much do homes in Canton Township, IL cost?
Median Sold Price
$99,000
$78/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$6,000(+6.5%)
Key Takeaway
Homes in Canton Township have sold for 6.5% more than they did a year ago.
Summary: The median home sold price in Canton Township was $99,000 in November 2024, up 6.5% from last year, and the median price per square foot was $78.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $46.9K | $17.5K | -62.7% |
| 2 Bedrooms | $76K | $69.2K | -8.9% |
| 3 Bedrooms | $98.5K | $128.7K | +30.7% |
| 4 Bedrooms | $167.5K | $172.5K | +3.0% |
| 5+ Bedrooms | $124.5K | $294.9K | +136.9% |
Summary: Canton Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 62.7%, 2 bedroom homes decreased by 8.9%, 3 bedroom homes increased by 30.7%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 136.9%.
Median Sold Price Compared To Nearby Cities
| Orion Township | $183.4K | $195.5K | +6.6% |
| Canton Township | $93K | $99K | +6.5% |
| Canton | $93K | $99K | +6.4% |
Housing Supply in Canton Township, IL
How many homes are available in Canton Township, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 61 | 52 | -14.8% |
Summary: The Canton Township real estate market had 52 homes for sale in November 2024, a 14.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 21 | 16 | -23.8% |
| 3 Bedrooms | 26 | 25 | -3.8% |
| 4 Bedrooms | 13 | 10 | -23.1% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Canton Township 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 decreased by 23.8%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 23.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 17 | +41.7% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Canton Township, you may be able to get a good deal. 64.7% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Canton Township in November 2024, up by 41.7% month-over-month. Of the 17 sold homes, 65% were sold under asking, 24% were sold at asking, and 12% were sold over asking.
Days on Market for Canton Township, IL
How long does it take to sell a home in Canton Township, IL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 40 Days | 27 Days | -31.8% |
Summary: Homes in Canton Township had an average of 27 days on market in Nov 2024, down by 31.8% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Canton Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 17 homes were sold in Canton Township; 59% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.