North Canton, OH—44720
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — North Canton, OH
As of Oct '25, the median home price in North Canton, OH is $278,000, with a year-over-year change of 5.1%. This indicates that home prices in North Canton, OH are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $278,000 | 5.1% |
| Single Family | $284,000 | 5.2% |
| Condos | $224,000 | 1.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $213,000 | 3.9% |
3 Bed | $252,000 | 5.0% |
4 Bed | $347,000 | 4.2% |
| 5 Bed | $478,000 | 3.2% |
% of Housing Stock
Rental Trends — North Canton, OH
As of July '25, Rentcast reports the average rent in North Canton, OH is $1,180, with a year-over-year rent change of 0.9%. Per bedroom, the median rent as of July '25 in North Canton, OH is studios: $595, 1-bedrooms: $865, 2-bedrooms: $1,170, 3-bedrooms: $1,710. The most common rental property sizes in North Canton, OH are 2-bedroom and 1-bedroom, accounting for 60.2% and 17.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,100 | $1,180 |
| Studio Rent | $595 | $595 |
| 1 Bed Rent | $875 | $865 |
| 2 Bed Rent | $1,100 | $1,170 |
| 3 Bed Rent | $1,600 | $1,710 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — North Canton, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in North Canton, OH is 34. This is a increase of 6.0% 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 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $330,000 | 1.0% |
Listing Count | 119 | 6.0% |
| Listings as % of Homes | 0.4% | 6.0% |
Days on Market | 34 | 6.0% |
Demographics — North Canton, OH
As of the latest ACS Survey released in 2023, North Canton, OH has a population of 39,700, which has increased by 4.1% over the past 5 years. North Canton, OH is a moderately popular place for families, as children make up 19.2% of the population. The area has a moderately educated workforce, with 42.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 39,700 | 4.1% |
% Under 18 | 19.2% | -5.4% |
% Seniors | 23.5% | 14.1% |
% WFH | 14.6% | 198.0% |
% w/ College Degree | 42.3% | 13.7% |
As of the latest ACS Survey released in 2023, North Canton, OH is a predominantly white area, with 92.1% of the population identifying as white. The white population has shrunk by 0.3% in the last 5 years. The second most common race or ethnicity in North Canton, OH is black, making up 1.9% of the population. Foreign-born residents account for 2.8% of the population in North Canton, OH, and this percentage has decreased by 22.2% 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 | 92.1% | -0.3% |
% Black | 1.9% | 5.6% |
% Hispanic | 1.9% | 5.6% |
% Asian | 1.7% | -15.0% |
% Foreign Born | 2.8% | -22.2% |
Mortgage and Risk — North Canton, OH
According to HUD data as of 2023, there were 512 mortgage originations in North Canton, OH, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in North Canton, OH. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 512 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — North Canton, OH
North Canton, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 53 |
Total Units Section 8 | 36 |
% Rentals under Section 8 | 0.6% |
% Occupied Section 8 | 72.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$45 | $875 | $830 |
| 2 Bedroom | -$30 | $1,100 | $1,070 |
| 3 Bedroom | -$260 | $1,600 | $1,340 |
| 4 Bedroom | N/A | N/A | $1,420 |
Affordability — North Canton, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $278,000 |
| Median Household Income | $81,000 |