Canton, PA—17724
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Canton, PA
As of Oct '25, the median home price in Canton, PA is $166,000, with a year-over-year change of 0.5%. This indicates that home prices in Canton, PA are flat. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $166,000 | 0.5% |
| Single Family | $166,000 | -0.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $153,000 | -0.6% |
3 Bed | $176,000 | 0.6% |
4 Bed | $182,000 | 3.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Canton, PA
Canton, PA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $700 | $753 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $700 | $717 |
| 2 Bed Rent | $650 | $744 |
| 3 Bed Rent | $900 | $900 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Canton, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Canton, PA is 42. 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 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $245,000 | 24.0% |
Listing Count | 14 | -3.0% |
| Listings as % of Homes | 0.5% | -3.0% |
Days on Market | 42 | 32.0% |
Demographics — Canton, PA
As of the latest ACS Survey released in 2023, Canton, PA has a population of 4,720, which has decreased by -2.0% over the past 5 years. Canton, PA is a popular place for families, as children make up 25.2% of the population. The area has a poorly educated workforce, with 11.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,720 | -2.0% |
% Under 18 | 25.2% | 12.5% |
% Seniors | 20.8% | 3.0% |
% WFH | 6.8% | 36.0% |
% w/ College Degree | 11.9% | -17.9% |
As of the latest ACS Survey released in 2023, Canton, PA is a predominantly white area, with 95.6% 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, PA is hispanic, making up 1.3% of the population. Foreign-born residents account for 0.5% of the population in Canton, PA, and this percentage has decreased by 16.7% 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 | 95.6% | -1.0% |
% Black | 0.1% | -75.0% |
% Hispanic | 1.3% | 85.7% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.5% | -16.7% |
Mortgage and Risk — Canton, PA
According to HUD data as of 2023, there were 52 mortgage originations in Canton, PA, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Canton, PA. Investor activity is low, as 2.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 52 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 2.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Canton, PA
Canton, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 81 |
Total Units Section 8 | 10 |
% Rentals under Section 8 | 1.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $120 | $700 | $820 |
| 2 Bedroom | $330 | $650 | $980 |
| 3 Bedroom | $360 | $900 | $1,260 |
| 4 Bedroom | N/A | N/A | $1,410 |
Affordability — Canton, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $166,000 |
| Median Household Income | $55,800 |