$9,726 Closing Credit*
$819,000
1,534 SqFt
3 Beds
•2 Full Baths
#73314496, Zachary Friedman, Listing Office: Compass
Is Canton, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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, MA
How much do homes in Canton, MA cost?
Median Sold Price
$700,000
$391/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$14,500(+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 $700,000 in October 2024, up 2.1% from last year, and the median price per square foot was $391.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $276K | $360K | +30.4% |
| 2 Bedrooms | $542.5K | $555K | +2.3% |
| 3 Bedrooms | $631K | $713K | +13.0% |
| 4 Bedrooms | $874.5K | $883.5K | +1.0% |
| 5+ Bedrooms | $903.5K | $1.0M | +19.0% |
Summary: Canton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.4%, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 1%, and 5+ bedroom homes increased by 19%.
Housing Supply in Canton, MA
How many homes are available in Canton, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 62 | 66 | +6.5% |
Summary: The Canton real estate market had 66 homes for sale in October 2024, a 6.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 5 | -16.7% |
| 2 Bedrooms | 22 | 22 | 0.0% |
| 3 Bedrooms | 18 | 19 | +5.6% |
| 4 Bedrooms | 10 | 13 | +30.0% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Canton housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes remained the same, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 30%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 18 | +12.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Canton, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.
Summary: A total of 18 homes were sold or pending in Canton in October 2024, up by 12.5% month-over-month. Of the 18 sold homes, 39% were sold under asking, 6% were sold at asking, and 56% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 29 Days | 30 Days | +4.2% |
Summary: Homes in Canton had an average of 30 days on market in Oct 2024, up by 4.2% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Canton are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 18 homes were sold in Canton; 72% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
