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Canton, CT—06019

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$486,000
4.3% YoY Growth
Household Income
$129,000
46.0% YoY Growth
Days on Market
19
44.0% Shorter YoY
Home Price Forecast
3.4%
Median Rent
$2,350
N/A
1-Bed Rent
$2,050
N/A
2-Bed Rent
$2,450
N/A
3-Bed Rent
$1,950
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Canton, CT

As of May '26, the median home price in Canton, CT is $486,000, with a year-over-year change of 4.3%. This indicates that home prices in Canton, CT are increasing. According to Zillow, the 1-year price projection is 3.4%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$486,0004.3%
Single Family $525,0003.8%
Condos $319,0004.6%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
  • N/A
    N/A
    2 Bed
    $313,0004.7%
    3 Bed
    $461,0004.3%
    4 Bed
    $671,0004.5%
    5 Bed $847,9915.6%
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    % of Housing Stock

    Studio
    0.8%
    1 Bedroom
    5.8%
    2 Bedrooms
    20.8%
    3 Bedrooms
    30.7%
    4 Bedrooms
    31.1%
    5+ Bedrooms
    10.7%

    Rental Trends — Canton, CT

    Canton, CT lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average Rent$2,350$2,270
    Studio Rent N/AN/A
    1 Bed Rent $2,050$2,080
    2 Bed Rent $2,450$2,460
    3 Bed Rent $1,950$1,950
    4 Bed Rent $2,800$2,800
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    % of Rental Stock

    1 Bedroom
    28.2%
    2 Bedrooms
    60.1%
    3 Bedrooms
    11.7%

    Property Listings — Canton, CT

    As of May '26, Realtor.com reports that the median days on market for a home in Canton, CT is 19. This is a decrease of -44.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 9.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    $675,000-8.0%
    Listing Count
    45-29.0%
    Listings as % of Homes0.5%-29.0%
    Days on Market
    19-44.0%
    Loading chart...

    Demographics — Canton, CT

    As of the latest ACS Survey released in 2023, Canton, CT has a population of 9,740, which has decreased by -4.7% over the past 5 years. Canton, CT is a moderately popular place for families, as children make up 22.0% of the population. The area has a highly educated workforce, with 58.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.4% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    9,740-4.7%
    % Under 18
    22.0%0.5%
    % Seniors
    23.6%30.4%
    % WFH
    22.4%151.7%
    % w/ College Degree
    58.2%4.9%
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    As of the latest ACS Survey released in 2023, Canton, CT is a predominantly white area, with 88.4% of the population identifying as white. The white population has grown by 2.0% in the last 5 years. The second most common race or ethnicity in Canton, CT is hispanic, making up 3.0% of the population. Foreign-born residents account for 5.7% of the population in Canton, CT, and this percentage has decreased by 30.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    88.4%2.0%
    % Black
    1.3%-61.8%
    % Hispanic
    3.0%-31.8%
    % Asian
    0.1%-98.0%
    % Foreign Born
    5.7%-30.5%
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    Mortgage and Risk — Canton, CT

    According to HUD data as of 2023, there were 214 mortgage originations in Canton, CT, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Canton, CT. Investor activity is low, as 0.0% 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
    214
    % Conventional Loans
    93.0%
    % Government Loans
    7.0%
    % Investor Loans
    0.0%
    % Second Loans
    0.0%
    % Cash Out Refinance
    6.0%
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    Rentals and Section 8 — Canton, CT

    As of 2024, the percent of homes in Canton, CT under the Section 8 program is 10.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Canton, CT, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 4-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    60
    Total Units Section 8
    60
    % Rentals under Section 8
    10.2%
    % Occupied Section 8
    94.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$690$2,050$1,360
    2 Bedroom-$730$2,450$1,720
    3 Bedroom$120$1,950$2,070
    4 Bedroom-$340$2,800$2,460

    Affordability — Canton, CT

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2.9
    Median Home Price$486,000
    Median Household Income$129,000

    Canton, CT — ZIP Code Boundary Map

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    Nearby ZIP Codes

    North Canton

    06059

    Simsbury, CT

    06092

    Pine Meadow

    06061

    Simsbury, CT

    06089

    Avon, CT

    06001

    Frequently Asked Questions