Market Intelligence Report — IL-900

Canton, IL

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

Ref. No: 2026-IL-08
As of the latest 2026 data
Cooling

Median Listing

$100K
-15.0% YoY

Pending Ratio

0.35
-9.5% YoY

Active Inventory

112
+41.8% YoY

Median DOM

61 Days
+19.6% YoY

Primary Intelligence Tool — Sold Score™

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The Canton market is currently characterized by cooling conditions, with a pending ratio of 0.35 indicating a measured absorption of available supply. Active listings have expanded significantly, increasing 41.8% over the past year, contributing to a less competitive environment.

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.

Inventory growth has been a prominent trend, with active listings rising 41.8% over the past year. This increase in supply comes alongside a decline in new listings by 20.0% year-over-year. Demand metrics reflect a slower pace, as the pending ratio has softened by 9.5% year-over-year, and median listing prices have decreased by 15.0% over the same period. Median days on market have also extended, increasing by 19.6% over the past year, suggesting properties are taking longer to move from listing to pending status.

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+8.3% MoM

Active Inventory

112+41.8% YoY

Days on Market

61+19.6% YoY

Sold Score™

37-9.5% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

37
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 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

With the pending ratio at 0.35 and active listings up 41.8% year-over-year, there is reduced pressure on buyers to act swiftly. The notable increase in available supply suggests that buyers may have more time and options, potentially allowing for greater price discipline in negotiations. The extended median days on market further underscores a less urgent transactional pace.

Luxury Segment

A divergence exists between average and median listing prices, with the average listing price increasing 13.0% year-over-year while the median listing price declined 15.0% year-over-year, and median $/sqft decreased by 8.3% over the past year. This pattern suggests potential softness within the higher-priced segments of the market relative to the broader market trend.

Supply Dynamics

112 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, -0.9% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -8.3% year-over-year.

Absorption
0.35

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Canton, IL? Homes here are taking 10 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
35%
Median Days on Market
61 days
Inventory YoY
+42%

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

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 0.35 with median days on market at 61.

  • Are home prices dropping in Canton?+

    Median listing price is $100K, -15.0% year over year. 20.1% of active listings carry a price reduction.

  • How fast are homes selling in Canton?+

    The typical listing sits 61 days on market, a +19.6% change YoY. New listings are arriving at 32 per month.

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

    A divergence exists between average and median listing prices, with the average listing price increasing 13.0% year-over-year while the median listing price declined 15.0% year-over-year, and median $/sqft decreased by 8.3% over the past year. This pattern suggests potential softness within the higher-priced segments of the market relative to the broader market trend.

  • 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