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Featured local agent — Canton, SD
Sarah Mitchell
Compass Real Estate · Canton, SD
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Canton, SD Housing Market & Real Estate
Housing market overview · Updated monthly ·
$357,200median sale price
How is the Canton, SD housing market right now?
The median home sale price in Canton, SD is $357,200, up 32.3% year-over-year. Homes sell in an average of 5 days with 4 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Canton a buyer's or seller's market?
Canton, SD is currently a strong seller's market, based on 2.0 months of supply and homes selling in about 5 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
5
Fast-moving
Active listings
4
2.0 months supply
Sale-to-list
100.4%
Above asking
What does the Canton housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $357,200 |
| Median list price | $355,000 |
| Year-over-year price change | +32.3% |
| Average days on market | 5 days |
| Active inventory | 4 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 100.4% |
| Median price per sq ft | $150/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 2 |
| Listings with a price cut | 50.0% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Canton by property type?
How the Canton, SD market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $357,200 | $150/sq ft | 2 | 5 days |
Source: Redfin · Updated monthly
The Canton housing market is currently classified as a strong seller's market with a median sale price of $357,200. Prices have risen 32.3% compared to last year, with homes spending an average of 5 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.8x provides context for how home values compare to local earning capacity.
Homes for sale in Canton
There are currently 4 homes listed for sale in Canton, South Dakota. The median listing price is $355K.
Active listings
4
Homes on market
Median list price
$355K
Avg. days on market
5
Days until sale
New this week
2
Newly listed
Who lives in Canton?
Population
3,060
Median income
$65,500/yr
Median age
43.1 years
Owner-occupied
68.1%
College grads
19.5%
Avg commute
21.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Canton?
Zillow home value
$311,722
Price-to-income
4.8x
Source: Zillow Research
What is it like to live in Canton?
Canton is a community of approximately 3K residents with a median age of 43.1 years.The median household income is $65,500, which represents a working-class community with solid middle-income opportunities. 19.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 68.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 21.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Canton offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Canton?
3 schools tracked · 880 students
The largest public schools serving Canton, SD by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Lawrence Elementary - 02
Grades K-5 · 404 students
Canton High School - 01
Grades 9-12 · 278 students
Canton Middle School - 04
Grades 6-8 · 198 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Canton, SD?
Want a head-to-head view? Compare Canton side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Canton?
The median home sale price in Canton is $357,200, up 32.3% from last year.
How long do homes stay on market in Canton?
Homes typically spend 5 days on market before going under contract.
What is the median income in Canton?
The median household income is $65,500 per year.
Is Canton a buyer's or seller's market?
With 2.0 months of supply, Canton is currently a strong seller's market.
What is the Zillow home value estimate for Canton?
The Zillow Home Value Index (ZHVI) for Canton is $311,722, representing the typical home value in the area.
How much does a single-family home cost in Canton?
The median single-family home price in Canton, SD is $357,200 (about $150 per square foot).
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