Canton, MN—55922
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Canton, MN
As of Oct '25, the median home price in Canton, MN is $203,000, with a year-over-year change of -2.3%. This indicates that home prices in Canton, MN are decreasing. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $203,000 | -2.3% |
| Single Family | $203,000 | -4.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Canton, MN
Canton, MN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Canton, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Canton, MN is 71. This is a increase of 65.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $331,000 | -38.0% |
Listing Count | 8 | 320.0% |
| Listings as % of Homes | 0.3% | 320.0% |
Days on Market | 71 | 65.0% |
Demographics — Canton, MN
As of the latest ACS Survey released in 2023, Canton, MN has a population of 853, which has decreased by -17.0% over the past 5 years. Canton, MN is a popular place for families, as children make up 32.9% of the population. The area has a poorly educated workforce, with 13.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 853 | -17.0% |
% Under 18 | 32.9% | -9.4% |
% Seniors | 9.8% | -10.1% |
% WFH | 16.4% | 0.0% |
% w/ College Degree | 13.6% | 20.4% |
As of the latest ACS Survey released in 2023, Canton, MN is a predominantly white area, with 95.1% of the population identifying as white. The white population has shrunk by 0.4% in the last 5 years. The second most common race or ethnicity in Canton, MN is hispanic, making up 2.1% of the population. Foreign-born residents account for 1.6% of the population in Canton, MN, and this percentage has decreased by 46.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 95.1% | -0.4% |
% Black | 1.4% | 7.7% |
% Hispanic | 2.1% | -34.4% |
% Asian | 0.0% | N/A |
% Foreign Born | 1.6% | -46.7% |
Mortgage and Risk — Canton, MN
Canton, MN lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Canton, MN
Canton, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 1.7% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $710 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,310 |
| 4 Bedroom | N/A | N/A | $1,380 |
Affordability — Canton, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $203,000 |
| Median Household Income | $60,000 |