FMLS Residential · city

Canton

Closed sales series. Latest median $538,000 (+5.0% YoY). Balanced on live supply.

Closed sales through 2026-09. Live inventory is a current snapshot, not the closed month. 596 active · 43 under contract · 97 pending. Total residential listings by status: 736.

Data confidence: High. 1,698 closings in the last 12 months. Enough closings to read a trend.

Latest median$538,000+5.0% YoY
Months of supply5.0Balanced · 4.2 on 142/mo trailing-12
$/SF$209+1.6% YoY
DOM34+52.3% YoY
Sale/list98.6%57.1% below

Versus the FMLS footprint

Latest closed month only, not the 12-month figure above. The FMLS footprint is the macro context.

Median price+36.2%$538,000 vs $395,000 FMLS-wide
$/SF+12.0%$209 vs $187 FMLS-wide
DOM+2%34 days vs 33 FMLS-wide
Sale/list-0.2 pts98.6% vs 98.8%

Opportunity score

0–100. Higher means more room for a buyer right now. Price change uses the 3-month median, not one month. Each part is scored 0–100, then weighted. Includes live supply and demand. Screening tool, not a forecast.

65
Softening

3-month volume-weighted median $529,982 (+2.6% vs same 3 months last year) on 451 closings. Latest month is $538,000. Confidence: High (451 closings in 3 months).

3-month $/SF is down 2.0% versus the same 3 months last year.

Months of supply44
5.0 months · 25% of the score

Active homes divided by last month’s closings. Under 4 favors sellers. Above 6 gives buyers more choices and more room.

YoY price32
+2.6% · 20% of the score

3-month volume-weighted median versus the same 3 months a year ago. One month cannot swing this. A rising median with falling $/SF is usually mix, not appreciation.

New / closed87
1.71 · 20% of the score

New listings in 30 days versus last month’s closings. Above 1.2 means inventory is building. That usually softens the next 30–90 days.

Pending / (active + under contract)90
0.15 · 15% of the score

Pending divided by active plus under contract. Not pending divided by active alone. Low means demand is not absorbing the stock.

Price reduced75
44% · 10% of the score

Share of recent closings that had already cut the list price. High means sellers are adjusting. That is where negotiation usually appears.

DOM trend90
+30.0% · 10% of the score

Direction of days on market over the last 6 months, not the current DOM. A low score here means DOM is falling, which favors sellers even if supply is high.

Balanced

5.0 months of supply on last month’s pace (596 active ÷ 119 closings). 4.2 months on the trailing-12 pace (average 142 closings a month). These are different windows.Balanced. Buyers have choices; well-priced homes still close close to list. 57.1% of last month’s closings were below list. Days on market are up 52% from a year ago.

Homes for sale in Canton, GA →

How homes actually closed

Above list8.4%More than 1% over list
At list34.5%Within 1% of list
Below list57.1%More than 1% under list
Price reduced43.7%Original list higher than final

Leading signals

These move before closed prices. Use them to see if the next 30–60 days look tighter or looser than last month’s closings.

Pending / (active + under contract)0.1597 pending ÷ 639 (active + under contract)
New / closed1.71203 listed in 30 days vs 119 closed
Softening

New listings are outpacing sales and closed sales are already taking longer or reducing more. Expect more inventory and more negotiating room over the next 30–90 days.

If you own in Canton

High confidence. 1,698 closings in the last 12 months.

  • This is the market your home sits in. It is too broad to be your only comp, and too local to ignore.
  • City median is $538,000. Price your home off the neighborhood or school zone, then check that it still makes sense against this number.
  • 5.0 months of supply. Median days on market 34. That is how long a correctly priced listing is taking.
  • If you are deciding whether to list, the useful question is what is for sale on your street and in your school zone, not the citywide median. Homes for sale in Canton, GA →

What this means if you are listing in Canton

  • Price to the closed median and $/SF here ($538,000, $209), not the FMLS-wide number. This market is above the FMLS footprint by 36.2% on median.
  • With 5.0 months of supply, expect about 34 days on market if priced correctly. Longer than that usually means the market is telling you the price is high.
  • 57.1% of recent closings were below list and 43.7% of listings had already reduced. Concessions show up more on listings that have already sat.
  • Check live inventory for the actual competition before you set the number. Homes for sale in Canton, GA →

What this means if you are making an offer

  • Well-priced homes still close close to list; your better leverage is on homes that have sat.
  • Your better leverage is on homes that have been listed 30+ days or have already reduced. About 43.7% of recent closings had a price reduction.
  • This micro-market diverges from the FMLS footprint by 36%. Do not use the statewide median as your comp base.
  • Closed prices lag 30–90 days. Confirm current supply on the inventory page before you assume the temperature has not shifted.

Live inventory mix

Current listings by price band and property type. Where the competition actually is right now.

Price bands

BandListedShare
Under $300k223.0%
$300–500k24633.4%
$500–750k27036.7%
$750k–1M10814.7%
$1M+9012.2%

Property types

TypeListedMedian ask
Single Family Residence671$625,000
Townhouse62$378,500
Condominium3$268,000

596 active, 43 under contract, 97 pending. 203 new in the last 30 days.

Median close price

Median close price · 2021-10 – 2026-09
2021-102026-09

Monthly series

Most recent months first. Medians require at least 5 closings in the month.

MonthClosedMedian$/SFDOMSale/listBelowReduced
Sep 2026119$538,000$2093498.6%57.1%43.7%
Aug 2026157$525,000$2022799.2%47.1%41.4%
Jul 2026175$529,000$2012498.9%50.3%37.7%
Jun 2026185$525,000$2012499.0%51.9%38.4%
May 2026170$522,500$2072299.1%48.8%31.8%
Apr 2026173$489,500$2101999.0%49.7%28.9%
Mar 2026141$525,000$20316100.0%40.4%24.8%
Feb 2026112$514,000$1934298.7%51.8%42.9%
Jan 202685$520,000$1933198.4%55.3%43.5%
Dec 2025137$501,500$2053798.9%51.8%42.3%
Nov 2025126$516,500$20126100.0%43.7%38.9%
Oct 2025118$500,000$1993199.1%48.3%45.8%
Sep 2025104$512,250$2062298.7%54.8%42.3%
Aug 2025135$535,000$2142499.1%48.1%37.0%
Jul 2025125$500,000$2022299.1%48.0%38.4%
Jun 2025161$530,000$2032199.1%49.1%36.0%
May 2025159$525,000$2031599.3%44.0%29.6%
Apr 2025141$500,000$2001999.6%45.4%26.2%
Mar 2025143$525,000$2042899.4%43.4%41.3%
Feb 2025108$487,500$2044198.3%55.6%40.7%
Jan 202591$475,000$2033998.5%58.2%41.8%
Dec 2024115$500,000$2063398.9%50.4%37.4%
Nov 2024129$530,000$2171798.9%53.5%29.5%
Oct 2024111$515,000$2171799.1%48.6%27.9%

Below = closed under 99% of list. Reduced = original list higher than final list.

Related markets

Homes for sale in Canton, GA → · ← FMLS report