When you’re perusing homes for sale in Canton, MI, you’re initiating more than just a quest for a new house—you’re seeking a locale where your life’s next chapters will unfold and thrive. As experienced Canton Realtors, we deeply understand the significance of this journey. Your home is far more than a building; it’s a setting for precious moments, a place for gathering with those you cherish, and potentially the environment where your family may expand. Our commitment extends beyond merely finding your perfect home; we’re here to enhance your living experience in this wonderful community.
Canton offers a blend of community-oriented living, excellent schools, and lush parks, providing a lifestyle that meets diverse needs and dreams. Our responsibility is to guide you through the complexities of the housing market with expert advice, detailed insights into Canton’s unique market dynamics, and a personalized strategy designed to match your specific goals.
Explore Canton, MI home listings below, or connect with one of our professional Canton real estate agents today to begin your journey.
Canton, MI Home Listings
Table of Contents
Canton Real Estate Statistics
Median Home Value: The median property value in Canton was reported as $350,000 in 2024.
Home Value Appreciation: According to Zillow, the typical home value of homes in Canton has risen by 3.6% over the past year. Redfin indicates that the median sale price of a home in Canton was $350K last month, showing a stable trend since last year, but the sale price per square foot has seen an increase of 18.0% from the previous year, highlighting a steady growth in value.
Median Listing Price: Median listing prices in April 2024 were reported at around $412,500 by Realtor.com, indicating a slight increase year-over-year.
Median Selling Price: Last month, the median selling price was around $350K, demonstrating a stable market according to Redfin.
Days on Market (DOM): On average, homes in Canton sell after about 15 days on the market according to Redfin. Realtor.com reports an average of 25 days on the market, with Movoto indicating a median of 32 days for homes to sell.
Listing Price per Square Foot: Realtor.com reports a median sale price per square foot in Canton at $202. Movoto lists the median value of a home at $200 per square foot.
Please note, Canton real estate statistics are derived from varying sources such as Zillow. These numbers were gathered as of Q2 2024 and are subject to change month-over-month. We do our best to keep numbers updated; however, for more accurate and current information on the Canton housing market, consulting directly with one of our Canton real estate professionals is advised.
What is The Cost of Homes in Canton MI?
The cost of homes in Canton, Michigan, varies widely depending on factors such as location within Canton, the size of the property, its age, and condition. Like any vibrant real estate market, Canton’s housing landscape is subject to changes influenced by economic conditions, supply and demand dynamics, and local community developments.
As we move through 2024, the housing market in Canton has shown a mix of trends. Some sources have noted stable or slightly increasing median sale prices compared to the previous year, alongside a rise in the median sale price per square foot. With the most recent data available, the estimated average cost of homes in Canton, factoring in both median home values and median selling prices, ranges approximately from $350,000 to $500,000. This range is indicative of Canton’s market, which, while possibly more expensive than some nearby areas, offers a diverse range of housing options that cater to various preferences and budgets, reflecting Canton’s unique real estate conditions.
About The Canton Community
Canton, Michigan, is a dynamic suburb with a population of over 93,000 residents, making it one of the larger townships in the state, situated within Wayne County. It strikes a perfect balance between suburban tranquility and urban convenience, nestled strategically between the vibrant cities of Detroit and Ann Arbor. For those seeking a community that melds the charm of suburban life with easy access to big-city amenities, Canton stands out as an exemplary choice.
Located in the southeastern part of Michigan, Canton is celebrated for its family-friendly atmosphere, exceptional schools, diverse dining options, and abundant leisure and recreational opportunities. This makes it a popular choice among families, young professionals, and retirees alike. The township is dotted with lush parks, modern shopping centers, and a variety of entertainment venues, all contributing to Canton’s appeal as a place to live, work, and play. Its historic downtown area adds to the community’s charm, hosting vibrant events and festivals that bring residents together throughout the year.
Just a short drive from the cultural and economic hubs of Detroit and Ann Arbor, Canton offers its residents the best of both worlds: the cultural richness and employment opportunities of the cities, combined with the peaceful, community-oriented lifestyle of the suburbs. Whether you’re searching for a modern condo, a spacious single-family home, or something in between, Canton provides a broad spectrum of housing options to accommodate diverse tastes and budgets.
Canton, MI Neighborhoods & Subdivisions
- Antique Forest
- Brookside Village
- Central Park Estates
- Cherry Hill Village
- Cobblestone Ridge
- Fairways at Pheasant Run
- Glengarry Village
- Hampton Ridge North
- Sunflower Village
- Willow Brook Village
Canton, MI School System
The township of Canton, MI, is committed to academic excellence and offers a supportive educational environment for its community members. Canton is served by several school districts, with the majority of public schools falling within the Plymouth-Canton Community Schools district, one of the largest and most highly regarded districts in the state. Families in Canton also have access to a variety of private educational options, including Plymouth Christian Academy and All Saints Catholic School, known for their rigorous academic programs and strong community values.
Plymouth-Canton Community Schools encompasses not just Canton but also portions of Plymouth and Northville, providing a wide range of educational services to a diverse student body. The district is recognized for its focus on creating small learning communities that offer personalized attention and a low student-to-teacher ratio, ensuring that each student’s needs are met. This commitment to quality education is reflected in the district’s consistently high ratings on educational review sites like GreatSchools.org.
Elementary schools in Canton are praised for their innovative programs, including STEM initiatives, language immersion programs, and services for gifted students, laying a strong foundation for lifelong learning. Middle schools in the area offer a variety of academic and extracurricular programs designed to challenge students and foster a sense of community and teamwork. High schools within the Plymouth-Canton Community Schools, notably including the Plymouth-Canton Educational Park, provide extensive advanced placement courses, vocational training, and extracurricular activities, preparing students for success in college and beyond.
With a dedicated team of educators, many of whom have advanced degrees, and a focus on maintaining a low student-to-teacher ratio, Canton’s educational system is designed to offer a rich and comprehensive learning experience. The township’s emphasis on well-rounded development is evident through the wide array of extracurricular and enrichment opportunities available to students across all grade levels.
Canton Real Estate Trends
Mirroring the overall growth seen across the United States, the real estate market in Canton, Michigan, has been on an upward trend in recent years. As we moved through 2023, Canton’s real estate landscape has witnessed a significant increase in the average sales price year over year, highlighting its desirability as a residential community within the greater Detroit Metropolitan Area. Canton maintains a vibrant market with sustained buyer interest and stable to increasing property values over time.
Homes in Canton are finding buyers relatively quickly, a sign of strong demand within the market. This brisk sales pace marks a continued trend from the previous year, with homes spending fewer days on the market before being sold. The combination of a decreased number of homes sold and the swift turnover of listed properties underscores a highly competitive real estate environment in Canton, reflecting both the township’s appeal and the dynamics of the current housing market.
Types of Canton Homes
Single-Family Homes, Condos, Townhomes, and Apartments: These are common in Canton and cater to a wide range of housing needs, from affordable to more upscale options.
Luxury Homes: Canton does have a market for luxury homes, especially in newer developments or more exclusive neighborhoods.
Historic Homes: Canton, being a relatively newer community compared to some of its neighbors, might have fewer historic homes than older towns but still offers some properties with historical significance.
New Developments: Canton has seen considerable growth, and new developments are a significant part of the housing market, offering modern amenities and designs.
Waterfront Homes: While Canton isn’t known for large bodies of water, there are homes with pond views or access to small lakes and water features in certain communities.
Duplex/Triplex, Modular/Prefabricated Homes: These types of homes might be less common but can still be found, catering to specific housing preferences or budget considerations.
Vacation Homes: Given Canton’s suburban nature and proximity to larger urban areas, it’s less known as a vacation home destination but offers a peaceful living environment for those looking to buy second homes in the suburbs.
55+ Communities: These are available for older adults seeking a community with peers and age-appropriate amenities.
Farmhouses: On the outskirts or in nearby rural areas, farmhouses or homes with more land might be available, appealing to those seeking a more country-style living.
Things to Do in Canton MI
Finding your perfect home in Canton, MI, encompasses more than just a place to reside; it’s about integrating into the vibrant life and culture of this welcoming community. Canton provides a plethora of activities catering to a wide range of interests:
Outdoor Activities
Heritage Park: Offers walking trails, play areas, and ample picnic spots for family outings.
Griffin Park: Features sports fields, a walking path, and space for leisure activities.
Pheasant Run Golf Club: A premier golfing destination with lush landscapes.
Lower Rouge River Recreational Trail: Ideal for biking, hiking, and nature observation.
Flodin Park: Includes a splash pad, playground, and sports facilities for endless fun.
Cultural Experiences
Village Theater at Cherry Hill: Hosts a variety of live performances and cultural events.
Canton Historical Society and Museum: Explores Canton’s rich history and community heritage.
Summit on the Park: A community center offering classes, workshops, and events.
Canton Public Library: A resource-rich environment with programs for all ages.
Dining and Shopping
Ford Road: Canton’s main thoroughfare, home to diverse dining options and retail outlets.
Canton Farmers Market: Offers fresh local produce and artisanal goods during the season.
IKEA Canton: A popular destination for home furnishings and Swedish delicacies.
Shop Canton: Provides a variety of shopping experiences, from small boutiques to large retailers.
Seasonal and Community Events
Liberty Fest: Canton’s annual summer festival with fireworks, carnival rides, and entertainment.
Music in the Park: Enjoy free concerts in the park throughout the summer.
Trick or Treat Parade: A family-friendly Halloween event at the Summit on the Park.
Tree Lighting Ceremony: Kickoff the holiday season with Canton’s community tree lighting.
For Families
Discovery Playground: An inclusive playground designed for children of all abilities.
Arctic Edge Ice Arena: Offers public skating, figure skating, and hockey programs.
Summit Aquatic Center: A family-friendly water park for summer enjoyment.
Canton Sports Center: Hosts youth leagues, tournaments, and sports camps.
In Canton, purchasing a home means joining a community abundant with opportunities for social engagement, recreation, and a rewarding lifestyle. Whether you’re an enthusiast of the outdoors, a lover of arts and culture, someone who delights in shopping and dining, or a family looking for fun activities, Canton has something for everyone.
Canton Homeowners Association List
When exploring homes for sale in Canton, MI, understanding the diverse Homeowners Associations (HOAs) within the township is crucial. These associations are key in maintaining the community’s standards and improving the quality of life for residents. Here is a compilation of some Canton HOAs, offering insights into the amenities and regulations that characterize each community. This information can be instrumental in finding a neighborhood that matches your lifestyle needs. The full list has over 240 HOAs in the link above that you may search through.
Cherry Hill Village HOA
Central Park Estates HOA
Antique Forest Association
Cobblestone Ridge Homeowners Association
Fairways at Pheasant Run
Hampton Ridge North HOA
Glengarry Village HOA
Willow Brook Village Association
Sunflower Village Homeowners Association
Brookside Village HOA
River Woods HOA
Canton Forest Condominium Association
The Traditions at Cambridge HOA
Arbor Village Condominium
The Links of Pheasant Run
Palmer Place Condominiums
Royal Pointe West HOA
Meadow Villages of Canton
Charing Cross HOA
Woodlands of Chatterton Village
Canton Glade
Preserve on Fellows Creek Condo Association
Ravensfield of Canton
Sheffield Park HOA
The Estates at Central Park
Vintage Valley HOA
Lilley Pointe Condominiums
Bainbridge Park HOA
Forest Brook Subdivision
Maple Park at Canton HOA
Please note, this list is not exhaustive and the presence of HOAs can vary within different parts of Canton. For the most current and comprehensive information, consulting with local real estate professionals or directly with the HOAs is recommended.
Canton Crime Rates & Statistics
Canton, Michigan, with a robust population of over 93,000 residents, is recognized for its relatively low crime rates, reflecting the township’s commitment to public safety. According to the most recent data available, which includes information from the FBI’s Uniform Crime Reporting (UCR), Canton reported a modest number of violent crimes and a slightly higher but still moderate number of property crimes. Specific numbers were not reported for murders, but incidents of robberies, aggravated assaults, burglaries, thefts, and motor vehicle thefts were included in the overall crime statistics.
More contemporary data from sources like NeighborhoodScout, taking into account Canton’s sizeable population, also indicates low incidents of violent crime, including robberies and assaults, alongside a controlled number of property crimes, such as burglaries, thefts, and motor vehicle thefts. This data supports the view of Canton as a safe community, especially when considering its size and comparing it to national averages.
These statistics are indicative of Canton’s effective law enforcement strategies and community engagement in crime prevention efforts. For those considering relocating to Canton or current residents evaluating their neighborhood’s safety, these figures are encouraging. Nevertheless, for a thorough understanding of the community’s safety, examining trends over several years is advisable to obtain a comprehensive view of Canton’s security landscape.
Canton Millage Rates & Property Taxes
In Canton, Michigan, millage rates play a pivotal role in determining property taxes, which are based on the taxable value of properties. The township provides resources to help residents calculate the impact of millage rates on their property taxes. Here is an online property tax calculator for calculating tax rates. Additional information can be found on their Tax Information page.
Learn More About Homes for Sale in Canton MI
The journey through Canton’s real estate market becomes effortless when you have the expert team at Canton Community Real Estate at your side. With a rich legacy of over 60 years of combined experience and a commitment to the core values of a family-operated business, we provide unmatched personalized service. Our team’s extensive knowledge spans assisting everyone from newcomers entering the housing market to seasoned homeowners looking to downsize or sell. Equipped with cutting-edge market analysis and tailored strategies, our Realtors are your allies, guiding you through every phase of your real estate journey. Rely on our deep local insight and customized approach to ensure your Canton real estate experiences are as smooth and rewarding as possible.
For top-tier advice on Canton real estate, connect with a seasoned agent at Canton Community Real Estate today. We’re here to turn your housing dreams into realities.