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Canton, MA—02021

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$819,000
2.0% YoY Growth
Household Income
$128,000
21.8% YoY Growth
Days on Market
24
19.0% Longer YoY
Home Price Forecast
0.0%
Median Rent
$3,000
0.7% YoY Growth
1-Bed Rent
$2,320
3.0% YoY Growth
2-Bed Rent
$3,060
2.0% YoY Growth
3-Bed Rent
$3,800
4.7% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Canton, MA

As of May '26, the median home price in Canton, MA is $819,000, with a year-over-year change of 2.0%. This indicates that home prices in Canton, MA are increasing. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$819,0002.0%
Single Family $910,0001.7%
Condos $540,0001.7%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $349,000
    0.9%
    2 Bed
    		$573,0002.3%
    3 Bed
    		$784,0002.0%
    4 Bed
    		$1,110,0001.7%
    5 Bed $1,366,9433.2%
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    % of Housing Stock

    Studio
    2.3%
    1 Bedroom
    11.0%
    2 Bedrooms
    29.9%
    3 Bedrooms
    26.4%
    4 Bedrooms
    23.3%
    5+ Bedrooms
    7.0%

    Rental Trends — Canton, MA

    As of July '25, Rentcast reports the average rent in Canton, MA is $3,010, with a year-over-year rent change of 0.7%. Per bedroom, the median rent as of July '25 in Canton, MA is 1-bedrooms: $2,370, 2-bedrooms: $3,010, 3-bedrooms: $3,760, 4-bedrooms: $6,500. The most common rental property sizes in Canton, MA are 2-bedroom and 1-bedroom, accounting for 55.3% and 33.6% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$3,000$3,010
    Studio Rent N/AN/A
    1 Bed Rent $2,320$2,370
    2 Bed Rent $3,060$3,010
    3 Bed Rent $3,800$3,760
    4 Bed Rent $6,500$6,500
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    % of Rental Stock

    Studio
    3.5%
    1 Bedroom
    33.6%
    2 Bedrooms
    55.3%
    3 Bedrooms
    5.5%
    4 Bedrooms
    1.4%
    5+ Bedrooms
    0.7%

    Property Listings — Canton, MA

    As of May '26, Realtor.com reports that the median days on market for a home in Canton, MA is 24. This is a increase of 19.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 3.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$717,000-5.0%
    Listing Count
    		12390.0%
    Listings as % of Homes0.2%90.0%
    Days on Market
    		2419.0%
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    Demographics — Canton, MA

    As of the latest ACS Survey released in 2023, Canton, MA has a population of 24,500, which has increased by 5.7% over the past 5 years. Canton, MA is a moderately popular place for families, as children make up 22.2% of the population. The area has a highly educated workforce, with 65.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.6% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		24,5005.7%
    % Under 18
    		22.2%0.0%
    % Seniors
    		19.6%7.7%
    % WFH
    		21.6%307.5%
    % w/ College Degree
    		65.5%17.2%
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    As of the latest ACS Survey released in 2023, Canton, MA is a predominantly white area, with 70.1% of the population identifying as white. The white population has shrunk by 12.0% in the last 5 years. The second most common race or ethnicity in Canton, MA is black, making up 10.8% of the population. Foreign-born residents account for 14.3% of the population in Canton, MA, and this percentage has decreased by 5.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		70.1%-12.0%
    % Black
    		10.8%63.6%
    % Hispanic
    		4.9%25.6%
    % Asian
    		10.3%37.3%
    % Foreign Born
    		14.3%-5.3%
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    Mortgage and Risk — Canton, MA

    According to HUD data as of 2023, there were 411 mortgage originations in Canton, MA, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 8.0% above 90% LTV (normal). This implies small mortgage risk in Canton, MA. Investor activity is low, as 1.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		411
    % Conventional Loans
    		95.0%
    % Government Loans
    		5.0%
    % Investor Loans
    		1.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		6.0%
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    Rentals and Section 8 — Canton, MA

    As of 2024, the percent of homes in Canton, MA under the Section 8 program is 19.5%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Canton, MA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		467
    Total Units Section 8
    		467
    % Rentals under Section 8
    		19.5%
    % Occupied Section 8
    		94.9%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$250$2,320$2,570
    2 Bedroom-$20$3,060$3,040
    3 Bedroom-$140$3,800$3,660
    4 Bedroom-$2,470$6,500$4,030

    Affordability — Canton, MA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio5.5
    Median Home Price$819,000
    Median Household Income$128,000

    Canton, MA — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    02072

    Norwood, MA

    02062

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    02136

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