The housing market in Canton, IL is quite affordable compared to the national median value. The median house price in Canton, IL is $89,800 while the US median house value stands at $338,100. In the last year, the appreciation rate of homes in Canton, IL has been 7.36%, a slightly lower rate than the US 1 year appreciation rate of 8.27%. This means that houses in Canton are still fairly affordable and present an opportunity for potential homeowners to invest in real estate in this area.
The median home cost in Canton is $89,800. Home appreciation the last 10 years has been 26.6%. Home Appreciation in Canton is up 7.3%.
Average Age of Homes
- The median age of Canton real estate is 61 years old
The Rental Market in Canton
- Renters make up 33.3% of the Canton population
- 4.4% of houses and apartments in Canton, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.