Canton, MA 02021 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Key Findings

1. The primary market indicator, the median sold price, is 634,500, which anchors recent transaction values and suggests realized pricing is notably below the median listing price of 749,000, indicating pricing friction between ask and sale levels that sellers should account for in offer expectations.
2. Market liquidity appears muted: a median days on market of 275 points to slower sales velocity and suggests transactions may take considerably longer than typical market cycles; this may indicate buyers are selective or that negotiation windows are extended.
3. Market strength signals remain positive: the price year-over-year trend is up and the market temperature is classified as hot, which together suggest underlying demand is supporting higher prices despite observed listing-to-sale gaps.
4. Rents and financing headwinds: median market rent is 3,095 and rent year-over-year trend is up, supporting investor interest, but interest rate pressure is elevated, which may constrain some owner-occupant affordability and delay purchasing decisions.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.