Canton, MA 02021 Real Estate Market Report

ZIP Code: 02021
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The Canton, MA real estate market reflects a median sold price of $739,900, indicating a stable transaction environment. While the market has experienced flat price trends year-over-year, the current median days on market stands at 251, suggesting a slower sales velocity. This extended time frame may indicate a cautious buyer sentiment, influenced by elevated interest rates impacting affordability and overall market dynamics.

Inventory conditions reveal elevated levels of supply relative to sales activity, with a notable gap between the median listing price of $1,624,498.50 and the median sold price. This discrepancy suggests that sellers may be facing challenges in aligning expectations with current buyer willingness to pay. Overall, the market appears to be stabilizing, yet buyers are becoming increasingly selective, navigating a landscape marked by elevated interest rate pressure.

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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 Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

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Key Findings

1. The median sold price of $739,900 reflects a stable market environment despite flat price trends year-over-year.

2. With a median days on market of 251, the market is experiencing slower sales velocity, indicating potential buyer caution.

3. The median listing price of $1,624,498.50 presents a significant gap compared to the sold prices, suggesting pricing friction for sellers.

4. Elevated inventory levels indicate excess supply relative to sales activity, which may impact future pricing strategies.

5. The median market rent of $3,410 is on the rise, reflecting increasing demand for rental properties in the area.

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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.