Market Intelligence Report — IL-900

Canton, IL

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

Ref. No: 2026-IL-05
As of the latest 2026 data
Accelerated

Median Listing

$100K
+6.4% YoY

Pending Ratio

0.61
-3.8% YoY

Active Inventory

87
+27.9% YoY

Median DOM

49 Days
-22.4% YoY

Primary Intelligence Tool — Sold Score™

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The Canton, IL market is exhibiting accelerated conditions, with a pending ratio of 0.61 indicating robust demand absorption. Despite a 27.9% year-over-year increase in active listings, the market continues to see strong buyer engagement.

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 expanded considerably year-over-year, rising by 27.9%, while new listings surged by 50.0%. Concurrently, the median days on market have decreased by 22.4% year-over-year to 49 days, pointing to quicker absorption of available inventory. The median listing price increased by 6.4% year-over-year to $99,950, even as the median price per square foot declined by 7.4%.

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+1.0% MoM

Active Inventory

87+27.9% YoY

Days on Market

49-22.4% YoY

Sold Score™

55-3.8% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

55
Jun 23May 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Jun 23May 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Jun 23Jan 24Aug 24Mar 25Oct 25May 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 pace strongly favors sellers, given the elevated pending ratio and reduced days on market. Buyers face an environment of quicker decision-making for available properties. Price discipline for new listings is holding, as evidenced by a decline in the price-reduced share. Nonetheless, the surge in inventory suggests that while demand remains strong, it is also being met with increased choice, which could mitigate aggressive price escalation.

Luxury Segment

The significant spread between the average listing price of $169,612 and the median listing price of $99,950, coupled with a 20.3% year-over-year increase in the average price, suggests some upward movement at higher price points, although the median price per square foot declined by 7.4%.

Supply Dynamics

87 active listings represent the current floor, with new supply arriving at roughly 60 per month.

Pricing Pressure
11.3%

of active listings carry a price reduction, -8.6% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -7.4% year-over-year.

Absorption
0.61

Pending-to-active ratio — Accelerated.

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Metro Demographics

Metro Area
Canton, IL
CBSA Code
15900
State
IL

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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 Accelerated. Pending ratio is 0.61 with median days on market at 49.

  • Are home prices dropping in Canton?+

    Median listing price is $100K, +6.4% year over year. 11.3% of active listings carry a price reduction.

  • How fast are homes selling in Canton?+

    The typical listing sits 49 days on market, a -22.4% change YoY. New listings are arriving at 60 per month.

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

    The significant spread between the average listing price of $169,612 and the median listing price of $99,950, coupled with a 20.3% year-over-year increase in the average price, suggests some upward movement at higher price points, although the median price per square foot declined by 7.4%.

  • 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