Canton, NY—13617
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Canton, NY
As of Oct '25, the median home price in Canton, NY is $186,000, with a year-over-year change of 2.4%. This indicates that home prices in Canton, NY are increasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $186,000 | 2.4% |
| Single Family | $186,000 | 2.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $147,000 | 4.3% |
3 Bed | $181,000 | 2.3% |
4 Bed | $224,000 | 2.3% |
| 5 Bed | $236,000 | 0.4% |
% of Housing Stock
Rental Trends — Canton, NY
As of July '25, Rentcast reports the average rent in Canton, NY is $692, with a year-over-year rent change of -56.8%. Per bedroom, the median rent as of July '25 in Canton, NY is studios: $692. The most common rental property sizes in Canton, NY are 2-bedroom and 1-bedroom, accounting for 44.7% and 30.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $692 | $692 |
| Studio Rent | $692 | $692 |
| 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, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Canton, NY is 87. This is a increase of 32.0% 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 11.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $250,000 | 17.0% |
Listing Count | 36 | -6.0% |
| Listings as % of Homes | 0.4% | -6.0% |
Days on Market | 87 | 32.0% |
Demographics — Canton, NY
As of the latest ACS Survey released in 2023, Canton, NY has a population of 12,300, which has increased by 11.4% over the past 5 years. Canton, NY is a less popular place for families, as children make up 13.1% of the population. The area has a moderately educated workforce, with 36.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,300 | 11.4% |
% Under 18 | 13.1% | -2.2% |
% Seniors | 15.6% | 1.3% |
% WFH | 11.5% | 53.3% |
% w/ College Degree | 36.3% | -14.4% |
As of the latest ACS Survey released in 2023, Canton, NY is a predominantly white area, with 88.5% of the population identifying as white. The white population has shrunk by 1.0% in the last 5 years. The second most common race or ethnicity in Canton, NY is black, making up 3.7% of the population. Foreign-born residents account for 5.2% of the population in Canton, NY, and this percentage has decreased by 8.8% 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 | 88.5% | -1.0% |
% Black | 3.7% | -11.9% |
% Hispanic | 3.1% | 0.0% |
% Asian | 2.2% | 10.0% |
% Foreign Born | 5.2% | -8.8% |
Mortgage and Risk — Canton, NY
According to HUD data as of 2023, there were 44 mortgage originations in Canton, NY, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Canton, NY. Investor activity is low, as 2.0% of loans were by investors. 2.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 44 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 2.0% |
% Second Loans | 7.0% |
% Cash Out Refinance | 2.0% |
Loan Activity
Rentals and Section 8 — Canton, NY
Canton, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 227 |
Total Units Section 8 | 58 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 78.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,010 |
| 2 Bedroom | N/A | N/A | $1,290 |
| 3 Bedroom | N/A | N/A | $1,550 |
| 4 Bedroom | N/A | N/A | $1,710 |
Affordability — Canton, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $186,000 |
| Median Household Income | $72,700 |