$6,234 Closing Credit*
$525,000
2,093 SqFt
3 Beds
•1 Full Bath, 1 Partial
#73320680, Kellie Lamb, Listing Office: William Raveis R.E. & Home Services
Is Canton, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Canton was a Seller's Market.
Key Takeaway
Canton is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Canton, MA
How much do homes in Canton, MA cost?
Median Sold Price
$700,000
$392/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,000(+0.7%)
Key Takeaway
Homes in Canton have sold for 0.7% more than they did a year ago.
Summary: The median home sold price in Canton was $700,000 in November 2024, up 0.7% from last year, and the median price per square foot was $392.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $280K | $300K | +7.1% |
| 2 Bedrooms | $542.5K | $560K | +3.2% |
| 3 Bedrooms | $630K | $715K | +13.5% |
| 4 Bedrooms | $878.8K | $896K | +2.0% |
| 5+ Bedrooms | $902K | $1.1M | +25.0% |
Summary: Canton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.1%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 13.5%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 25%.
Housing Supply in Canton, MA
How many homes are available in Canton, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 65 | 51 | -21.5% |
Summary: The Canton real estate market had 51 homes for sale in November 2024, a 21.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 3 | -50.0% |
| 2 Bedrooms | 23 | 19 | -17.4% |
| 3 Bedrooms | 17 | 12 | -29.4% |
| 4 Bedrooms | 12 | 12 | 0.0% |
| 5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The Canton housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 17.4%, 3 bedroom homes decreased by 29.4%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 8 | -68.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Canton, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Canton in November 2024, down by 68.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 0% were sold at asking, and 63% were sold over asking.
Days on Market for Canton, MA
How long does it take to sell a home in Canton, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 45 Days | 24 Days | -46.4% |
Summary: Homes in Canton had an average of 24 days on market in Nov 2024, down by 46.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 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, 8 homes were sold in Canton; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
