Canton, MA 02021 Real Estate Market Report

ZIP Code: 02021
Report Date: May 2026
Market Temperature: HOT
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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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.

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Market Metrics

Note: 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.

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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.

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Property Taxes

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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.

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Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Canton, MA are 6.3% compared to 5.9% when typical loans in this area originated in February 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The primary market indicator is the median sold price: $749,900, which represents the most reliable gauge of recent transaction-level value and suggests realized prices are substantially different from asking levels; use sold prices for valuation.

2. Pricing context shows a notable spread between median listing price: $1,249,000 and the median sold price: $749,900, which may indicate persistent seller price aspirations relative to completed transactions and could create pricing friction in negotiations.

3. Market velocity is mixed: the median days on market: 252 points to slower transaction cadence and longer listing lifecycles, which appears at odds with the reported hot market temperature; this suggests slower sales velocity despite strong demand signals.

4. Macro and rental context support continued demand: the market is labeled hot, price year-over-year trend is up, rent year-over-year trend is up, and median market rent: $3,100 is rising; however, interest rate pressure: moderate (with current 30-year rates ~6.3% vs 5.9% earlier) introduces caution for buyers relying on financing.

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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.

Canton, MA 02021 Real Estate Market Report

ZIP Code: 02021
Report Date: May 2026
Market Temperature: HOT
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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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.

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Market Metrics

Note: 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.

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Rental Market

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Property Taxes

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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.

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Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Canton, MA are 6.3% compared to 5.9% when typical loans in this area originated in February 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. $537,000 median sold price is the primary indicator of market value and recent transaction activity in Canton, MA; this level suggests sustained price appreciation relative to historical context and should be used as the basis for valuation conversations.

2. The gap between $350,000 median listing price and $537,000 median sold price may indicate pricing friction or aggressive seller expectations versus representative recent sale prices; sellers and appraisers should reconcile list-side positioning with transaction evidence.

3. 261 median days on market points to slower sales velocity despite a hot market temperature, which suggests transactions can still close at higher prices but may take longer to align buyer and seller terms.

4. $3,100 median market rent combined with an up rent year-over-year trend supports continued rental demand, while moderate interest rate pressure (current 30-year fixed at 6.3% vs. 5.9% in Feb 2026) may temper buyer affordability—price positioning and financing strategy should reflect this balance.

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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.