Market Intelligence Report — IL-900

Canton, IL

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

Ref. No: 2026-IL-07
As of the latest 2026 data
Cooling

Median Listing

$92K
+3.7% YoY

Pending Ratio

0.47
-23.1% YoY

Active Inventory

108
+68.8% YoY

Median DOM

52 Days
-20.6% YoY

Primary Intelligence Tool — Sold Score™

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The Canton, IL market is currently cooling, with a pending ratio of 0.47 reflecting a more moderate pace of demand absorption relative to inventory. Active listings have expanded significantly year-over-year, indicating a shift in market dynamics.

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 increased by 68.8% over the past year, reaching 108 units, while new listings declined by 5.9% year-over-year. The pending ratio has decreased by 23.1% year-over-year, settling at 0.47, suggesting a slower pace of homes going under contract. Despite these shifts, the median listing price has shown a 3.7% year-over-year increase, and the median price per square foot has risen by 4.0% over the same period.

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

$92K-2.4% MoM

Active Inventory

108+68.8% YoY

Days on Market

52-20.6% YoY

Sold Score™

47-23.1% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

47
Aug 23Jul 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Aug 23Jul 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Aug 23Mar 24Oct 24May 25Dec 25Jul 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 expansion in active listings and the reduction in the pending ratio suggest that buyers may have more options and less pressure for rapid decisions. While price increases persist on a year-over-year basis, the decelerating pace of demand absorption could lead to increased scrutiny and extended marketing periods, potentially encouraging more price discipline from sellers. The average time a home spends on the market has decreased by 20.6% year-over-year, which could indicate efficient absorption of available units despite the higher inventory.

Luxury Segment

Average listing prices have increased by 5.7% year-over-year, outpacing the median listing price increase of 3.7% over the same period. This suggests that the higher price tiers are not exhibiting distinct softness and are contributing to overall market appreciation. No distinct luxury-segment signal in this dataset.

Supply Dynamics

108 active listings represent the current floor, with new supply arriving at roughly 32 per month.

Pricing Pressure
20.1%

of active listings carry a price reduction, +5.1% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +4.0% year-over-year.

Absorption
0.47

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Canton, IL? Homes here are taking 13 days less to sell than last year.

Canton, IL is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
47%
Median Days on Market
52 days
Inventory YoY
+69%

Canton, IL is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

Check my home's Sold Score

Talk to a local listing expert covering 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

Vetted Local Practitioners

Direct Consultation

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Analysis FAQ
  • What is the current market condition in Canton?+

    As of the latest 2026 data, the Canton metro is classified as Cooling. Pending ratio is 0.47 with median days on market at 52.

  • Are home prices dropping in Canton?+

    Median listing price is $92K, +3.7% year over year. 20.1% of active listings carry a price reduction.

  • How fast are homes selling in Canton?+

    The typical listing sits 52 days on market, a -20.6% change YoY. New listings are arriving at 32 per month.

  • What's happening in the Canton luxury market?+

    Average listing prices have increased by 5.7% year-over-year, outpacing the median listing price increase of 3.7% over the same period. This suggests that the higher price tiers are not exhibiting distinct softness and are contributing to overall market appreciation. No distinct luxury-segment signal in this dataset.

  • Where can I find a trusted Canton real estate expert?+

    Primpted maintains a vetted registry of Canton agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 15900 · 36mo history