Canton, CT—06019
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Canton, CT
As of Oct '25, the median home price in Canton, CT is $456,000, with a year-over-year change of 7.5%. This indicates that home prices in Canton, CT are increasing. According to Zillow, the 1-year price projection is 3.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $456,000 | 7.5% |
| Single Family | $493,000 | 7.9% |
| Condos | $305,000 | 7.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $299,000 | 8.7% |
3 Bed | $430,000 | 7.2% |
4 Bed | $632,000 | 8.2% |
| 5 Bed | $797,000 | 8.7% |
% of Housing Stock
Rental Trends — Canton, CT
Canton, CT lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,350 | $2,270 |
| Studio Rent | N/A | N/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 |
% of Rental Stock
Property Listings — Canton, CT
As of Oct '25, Realtor.com reports that the median days on market for a home in Canton, CT is 27. This is a decrease of -10.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $500,000 | -5.0% |
Listing Count | 32 | -20.0% |
| Listings as % of Homes | 0.5% | -20.0% |
Days on Market | 27 | -10.0% |
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.
| Metric | Latest Census | YoY % 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% |
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
| Metric | Latest Census | 5-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% |
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
| Metric | Zip 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% |
Loan Activity
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 Size | HUD Premium | Market Rent | Max 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
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $456,000 |
| Median Household Income | $129,000 |