Canton, Ohio Housing Market

What stands out in Canton?

• The median asking price is $183,809: one of the cheapest of 763 tracked cities. Low entry prices help cash flow, but check what keeps them low before you buy.
• Listings spend a median 36 days on the market: among the shortest times on market of 763 tracked cities. Few listings sit for long. Have financing ready before you look.
• Asking prices swing about 18.6% between the cheapest and priciest months: among the biggest seasonal price swings of 763 tracked cities. Timing your purchase within the year matters here.

Why is Canton still competitive?

Canton has 30% fewer homes for sale than in 2017–2019 at this time of year, and listings spend a median 36 days on the market, less than in 95% of the 763 cities we track. For every 100 homes still for sale, 54 are under contract. Well-priced homes will draw more than one offer. Your discount is in the listing that has sat, so set a price alert and move when a stale one gets cut.

What does a shrinking population mean for Canton landlords?

The population in Canton's ZIP codes fell 1.0% over five years. 9.9% of homes are vacant, higher than 74% of tracked cities. Households fell 1.7% while the housing stock changed -1.5%. Fewer households means a thinner tenant pool. Budget extra vacancy and buy where renters already concentrate.

How much can you negotiate in Canton?

For every 100 homes still for sale, 54 are under contract. In 2017–2019 at this time of year it was 49. The rest are still waiting for a buyer. About 1 in 5 sellers has already dropped their price. Each one has learned their first price was too high. Start your offer below their new price.

Canton listings spend a median 36 days on the market. That is 7% longer than a year ago. There are 316 homes for sale in Canton. That is 2.7 times the tightest month on record, but below the peak of 581. Supply is growing against last year.

What to do about it

• Start in 44718, 44705, and 44704, where sellers are weakest: in 44718, 34% of sellers have cut and listings spend a median 36 days on the market.
• Look for listings older than 60 days with a price cut.

When do Canton prices dip?

Across 9 full years, Canton asking prices ran lowest in January, about 11.0% below the year's average. They peaked in July. The most homes for sale show up in September, about 16% above the yearly average. Shop in September for choice, and expect the softest asking prices in January.

How does Canton compare with other Ohio markets?

Ranked among the 21 Ohio markets we track:

• Asking price: 5th cheapest of 21. Canton is at $183,809. Closest: Cleveland and Lorain.
• Buyer competition: 5th most competitive of 19. Canton is at 0.54 buyers per home. Closest: Middletown and Springfield.
• Time on market: 2nd shortest time on market of 21. Canton is at a median of 36 days on market. Closest: Mentor and Middletown.
• Price cuts: the fewest price cuts of 21. Canton is at 18% of sellers cutting. Closest: Middletown.

What is the fair market rent in Canton?

HUD sets one fair market rent for Stark County. For fiscal year 2026:

• 1 bedroom: $846 a month. Up 12% on last year, up 64% since FY2016.
• 2 bedrooms: $1,086 a month. Up 11% on last year, up 59% since FY2016.
• 3 bedrooms: $1,371 a month. Up 12% on last year, up 57% since FY2016.
• 4 bedrooms: $1,451 a month. Up 12% on last year, up 55% since FY2016.

The figures include tenant-paid utilities and apply to all of Stark County, so one home's rent can sit well above or below them. See fair market rent by city.

What numbers should you underwrite a Canton deal with?

• Price growth to assume — +4.5%/yr. Canton has grown about 4.5% a year for five years and for ten. That pace held before and after the 2020–2021 boom, so it is a fair long-run input. Prices were flat over the last year.
• Odds you cut your price to sell — 1 in 5. 18% of Canton listings have cut their asking price. Underwrite your exit below asking.
• Competition when you exit — +15%. Homes for sale in Canton are up 15% on last year, so your resale faces more competition than today's comps did.

Read when a cheap market is a warning and how we read these numbers, then run the numbers on a deal.

What is the median home price in Canton?

The median asking price in Canton is about $184,000 as of Oct 2026, down 10.7% from a year ago. The typical listing is 3% smaller than a year ago, and asking price per square foot is flat. So the size of homes on the market explains much of the drop. This is the asking price on homes listed for sale. Sites that report sold prices or estimated home values will show a different number. Our Canton figures cover the 17 ZIP codes with a Canton mailing address, which can reach past city limits.

Is Canton a buyer's or seller's market in 2026?

Neither side has the upper hand in Canton right now. We compare Canton with 2017–2019 at this time of year: there are 30% fewer homes for sale; listings spend 24% fewer days on the market; 18% of sellers have cut their price, against 20% then.

Are Canton home prices going up or down?

The median asking price is 12.2% below its Jul 2024 peak. Per square foot the gap is smaller: 4.6% below the Jun 2025 high. Part of the drop is smaller homes coming to market. Prices stopped falling about a year ago. They are flat now. Waiting will not get you a cheaper house. It might still get you a more motivated seller.

What rent can Canton tenants afford?

At 30% of income, a tenant on the median income can pay about $1,486 a month. The median Canton household earns $59,449 a year.

Which Canton ZIP code has the most negotiating room?

44718. Only 26 homes under contract for every 100 still for sale. 34% of sellers there have cut their price, and listings there spend a median 36 days on the market.

What is the fair market rent in Canton?

HUD's fiscal year 2026 fair market rent for Stark County is $1,086 a month for 2 bedrooms and $1,371 for 3 bedrooms. The figures include tenant-paid utilities and cover the whole county.