$4,501 Closing Credit*
$379,000
1,900 SqFt
2 Beds
•2 Full Baths, 1 Partial
Lori W Rogers, Listing Office: Keller Williams Realty Centre
Is Canton, MD 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, MD
How much do homes in Canton, MD cost?
Median Sold Price
$375,000
$239/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since October 2023.
Key Takeaway
The sold price of homes in Canton has remained the same since last year.
Summary: The median home sold price in Canton was $375,000 in October 2024, the same as last year, and the median price per square foot was $239.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $230K | $205K | -10.9% |
| 2 Bedrooms | $316K | $320K | +1.3% |
| 3 Bedrooms | $407.2K | $408.5K | 0.3% |
| 4 Bedrooms | $503.7K | $525K | +4.2% |
| 5+ Bedrooms | $657.5K | $611K | -7.1% |
Summary: Canton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.9%, 2 bedroom homes increased by 1.3%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes decreased by 7.1%.
Housing Supply in Canton, MD
How many homes are available in Canton, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 117 | 114 | -2.6% |
Summary: The Canton real estate market had 114 homes for sale in October 2024, a 2.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 8 | -11.1% |
| 2 Bedrooms | 37 | 39 | +5.4% |
| 3 Bedrooms | 53 | 52 | -1.9% |
| 4 Bedrooms | 18 | 15 | -16.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Canton housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 11.1%, 2 bedroom homes increased by 5.4%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 37 | 21 | -43.2% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
4 Homes Were 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. 66.7% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Canton in October 2024, down by 43.2% month-over-month. Of the 21 sold homes, 67% were sold under asking, 19% were sold at asking, and 14% were sold over asking.
Days on Market for Canton, MD
How long does it take to sell a home in Canton, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 42 Days | 41 Days | -2.9% |
Summary: Homes in Canton had an average of 41 days on market in Oct 2024, down by 2.9% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 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 October 2024, 21 homes were sold in Canton; 57% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
