Metropolitan market · Illinois · September 2026 data

What is the Canton, IL real estate market doing?

As of September 2026, the median home listed in Canton, IL asks $99,900, down 16.7% year over year. Homes spend a median of 67 days on market, with 117 active listings and 15% carrying a price cut; pending contracts equal 34% of active listings, and inventory sits at 66% of the same month in 2019 — a balanced market. Figures come from public records and industry data, updated monthly.

Median listing price
$99,900
▼ 16.7% YoY
Median $ / sq ft
$80
1,348 sq ft median
Median days on market
67
September 2026
Active listings
117
For sale now
New listings
50
September 2026
Listings with price cuts
15%
Share of active
Inventory vs 2019
66%
Same month, 2019 = 100
Pending / active
34%
Contract activity

What is the Canton, IL housing market doing right now?

The Canton, IL housing market lists at a $99,900 median as of September 2026, down 16.7% year over year, with a 67-day median market time and 117 homes for sale (15% with a price cut). Active inventory is 66% of the 2019 level, reading as a balanced market by days-on-market pace.

Canton housing market statistics

The table summarizes Canton's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data.

Canton, IL housing market at a glance — September 2026
MetricLatestDetail
Median listing price$99,900-16.7% YoY
Median price per sq ft$801,348 sq ft median
Median days on market67+48% YoY
Active listings117+18% YoY
New listings this month50September 2026
Listings with a price cut15%Share of active
Pending-to-active ratio34.2%40 pending
Inventory vs 201966%Active listings vs same month in 2019

How have home prices changed in Canton?

Canton home prices are down 16.7% year over year and 0.0% month over month as of September 2026, at a $99,900 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$129K$119K$109K$100K Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26

Median listing price, Canton IL · trailing 8 quarters · source: public records and industry data.

The 10-year view
$99K$92K$85K$77K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Canton IL · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Canton?

Canton has 117 active listings, 50 new this month, 40 pending as of September 2026. About 15% of active listings have cut their price, and inventory sits at 66% of its 2019 level — a balanced market by pace.

Active listings
117
New this month
50
Pending
40
Price-reduced
18

Is Canton a good real estate investment?

Canton scores 71/100 on WealthyBud's composite Investor Score, ranking #86 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
71/100
#86 of 933 covered metros
12-month outlook
+2.1%
▲ Rising · model output, not advice
Momentum
35
Value
100
Rental yield
100
Supply risk
23
Market heat
45

Canton scores 71/100 on our composite Investor Score (#86 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 66% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are down 16.7% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Canton ranks on the trending markets index.

How much is a monthly mortgage payment in Canton?

A home at Canton's $99,900 median listing runs about $547 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 6.28%
$494/mo
−$53/mo vs today
At today's rate · 7.28%
$547/mo
National weekly average
If rates rise 1% · 8.28%
$602/mo
+$55/mo vs today

Principal & interest on the $99,900 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.

How much income do you need to buy a home in Canton?

To buy Canton’s $99,900 median listing with 20% down, a household needs about $31,000 a year in gross income, keeping principal, interest and property tax ($724/mo) at 28% of income. The area’s median household income is $58,617, so the median listing is within reach of a typical Canton household on these terms.

Income needed to buy the median home in Canton, IL — September 2026
ItemAmountBasis
Median listing price$99,900September 2026
Down payment (20%)$19,980Assumption
Principal & interest (7.28%, 30-yr fixed)$547/moRate as of 2026-10-01
Property tax (2.13% effective rate)$177/moCensus ACS
Income needed (28% rule)$31,000Gross household income / yr
Median household income$58,617Census ACS 2023 ACS 5-year

Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.

What is driving the Canton housing market?

Longer-run demand in Canton shows up in 14 homes permitted in 2025; net migration of -223 residents. Natural-hazard risk rates Relatively Low. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
14
0.0% vs 2024
0.4 per 1,000 residents
Net migration (2022–2023)
-223
▼ people, via tax-return records
net income flow −$8.74M/yr
Natural-hazard risk
Relatively Low
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Canton housing market FAQ

What is the median home price in Canton?
As of September 2026, the median listing price in Canton, IL is $99,900, down 16.7% year over year (source: public records and industry data). Figures cover the Canton, IL metro area.
How much does it cost to buy a home in Canton?
The median home listed in Canton asks $99,900 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $547 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Canton?
The median property in Canton spends 67 days on the market, with 117 homes actively listed and 15% of them carrying a price cut — a balanced market as of September 2026.
Is it a buyer's or seller's market in Canton?
With a median 67 days on market and 15% of active listings carrying a price cut, pending contracts at 34% of active listings, Canton reads as a balanced market as of September 2026. Lean is based on days-on-market pace when closed-sale ratios are unavailable. Conditions shift monthly.
Is Canton a good place to invest in real estate?
Canton scores 71/100 on WealthyBud's Investor Score, ranking #86 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Canton?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Canton and the wider Illinois market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures cover the Canton, IL metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

More Illinois housing markets

Priya Nandakumar Housing Economist

Priya Nandakumar is a housing economist who tracks national and regional housing-supply trends, mortgage rates and affordability using public Census and housing-starts data. She translates federal housing releases into metro-level takeaways for buyers and investors.

Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.