Market Intelligence Report — IL-900

Canton, IL

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-IL-09
As of the latest 2026 data
Cooling

Median Listing

$100K
-16.7% YoY

Pending Ratio

0.34
+3.4% YoY

Active Inventory

117
+18.2% YoY

Median DOM

67 Days
+48.1% YoY

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The Canton market is currently cooling, characterized by a pending ratio of 0.34, indicating that absorption is lagging supply. Active listings have expanded by 18.2% over the past year, contributing to increased inventory pressure.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Canton market right now.

Active listings have seen notable expansion, growing 18.2% year-over-year to 117 units. Concurrently, new listings are up 13.6% over the past year. While the median listing price has remained stable month-over-month, it has declined by 16.7% over the past year, alongside a 3.0% year-over-year decrease in the median price per square foot. The pending ratio, though low at 0.34, has experienced a modest 3.4% rise over the past year.

Todd Lemoine
Todd Lemoine
Keller Williams Realty

“Local pricing and inventory dynamics across Canton shift block by block — happy to walk through what's actually closing.”

Historical Analysis

Market Trends

Median Price

$100K+0.0% MoM

Active Inventory

117+18.2% YoY

Days on Market

67+48.1% YoY

Sold Score™

50+3.4% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

50
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The current market dynamics suggest a slower pace of transactions, with a pending ratio of 0.34 placing less urgency on prospective buyers. Expanding active listings and increasing days on market contribute to reduced inventory pressure, affording more time for evaluation. This environment generally necessitates greater price discipline from sellers.

Luxury Segment

Elevated average listing prices, up 18.9% over the past year, contrast with a 16.7% decline in median listing prices and a 3.0% decrease in median price per square foot, suggesting some divergence at higher price points. No distinct luxury-segment signal in this dataset.

Supply Dynamics

117 active listings represent the current floor, with new supply arriving at roughly 50 per month.

Pricing Pressure
15.5%

of active listings carry a price reduction, -4.0% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -3.0% year-over-year.

Absorption
0.34

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Canton, IL? Homes here are taking 22 days longer to sell than last year.

Buyers have leverage in Canton, IL. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
34%
Median Days on Market
67 days
Inventory YoY
+18%

In a buyer's market, strategy beats timing. See how your home scores in Canton, IL and what moves the number.

See my Sold Score & selling strategy →

Talk to a listing expert who is actively selling in Canton, IL.

Todd Lemoine →

Keller Williams Realty

How these recommendations are chosen →

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Metro Demographics

Metro Area
Canton, IL
CBSA Code
15900
State
IL

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