Canton housing market

Seller's marketCanton, OH metro areaData through Sep 2026
Typical home value
$218K
▲ 4.5% 1 yr
Typical rent
$1,141/mo
▲ 4.3% 1 yr
12-month forecast
+4.7%
#23 of 546 metros
Gross rent yield
6.3%
#220 of 546 · U.S. 6.3%
Days to pending
29 days
▲ +4 days 1 yr
Listings with a price cut
25%
▼ −2.4 pts 1 yr

Key takeaways

  • 1The typical home is worth $217,652, up 4.5% in a year and up 34% over five years.
  • 2Zillow forecasts home values rising 4.7% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,141/mo (+4.3% YoY), a 6.3% gross yield, below the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $1,196/mo in principal and interest, $55 more than renting.
  • 5Homes go under contract in 29 days (+4 days vs last year); 25% of listings have had a price cut.
Market temperature
Seller's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 57/100, #57 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $218K
$122K$152K$181K$211K2016201920222025
Typical monthly rent
Latest $1,141
$686$828$969$1,1112016201920222025

How fast homes are selling

Days to go under contract
Latest 29
1632496520182020202220242026
Share of listings with a price cut
Latest 24.9%
11.7%16.9%22.1%27.3%20182020202220242026
Homes for sale vs new listings
Latest 1,223
For saleNew listings
3508541,3591,86320182020202220242026
Share of homes sold above list price
Latest 45.7%
17.2%31.1%45.1%59.1%20182020202220242026

Affordability

Household income needed to buy vs rent
Latest $61K
To buy (20% down)To rent
$29K$39K$49K$59K201620182020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Canton compares

MeasureCantonUnited StatesRank of 546
Home value, 1-yr change+4.5%+1.2%#91
Home value, 5-yr change+33.9%+19.7%
12-month forecast+4.7%+1.1%#23
Rent, 1-yr change+4.3%+2.7%#166
Gross rent yield6.3%6.3%#220
Price-to-rent ratio15.915.8
Mortgage P&I on typical home$1,196$2,012
Income needed to buy$61,287$100,902
Days to pending2956

Cities in the Canton metro

3 cities with home value and rent data.

Canton$174K▲ 4.3%$1,124▲ 3.0%7.7%
Massillon$220K▲ 3.5%$1,085▲ 5.0%5.9%
North Canton$291K▲ 3.4%$1,503▲ 6.2%6.2%

Run the numbers

Renting out a property in Ohio? See deposit limits, late fee rules and notice periods.

Other Ohio metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.