Canton, GA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Canton Neighborhoods Since 2000




Canton, GA Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Canton Housing Market Information

With 25,469 people, 8,789 houses or apartments, and a median cost of homes of $249,115, Canton real estate is some of the most expensive in Georgia, although Canton home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Canton, accounting for 58.37% of the city's housing units. Other types of housing that are prevalent in Canton include large apartment complexes or high rise apartments ( 26.57%), duplexes, homes converted to apartments or other small apartment buildings ( 7.58%), and a few row houses and other attached homes ( 6.70%).

The most prevalent building size and type in Canton are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 53.54% owning and 46.46% renting.

Canton homes and real estate are some of the newest in America. 60.93% of Canton's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Canton real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 27.84%), and between 1940-1969 ( 5.99%). There's also some housing in Canton built before 1939 ( 5.24%).

Canton Home Appreciation Rates

Real estate appreciation rates in Canton's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.47% during the period.

Appreciation rates are so strong in Canton that despite a nationwide downturn in the housing market, Canton real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Canton appreciation rates continue to be some of the highest in America, at 5.97%, which is higher than appreciation rates in 73.74% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Canton. Canton appreciation rates in the latest quarter were at 1.10%, which equates to an annual appreciation rate of 4.47%.

Relative to Georgia, our data show that Canton's latest annual appreciation rate is higher than 60% of the other cities and towns in Georgia.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Canton differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Canton - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Canton real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$249,115

Canton, GA HOME PRICES

Value Range
> $1,243,000 0.2
$932,001 - $1,243,000 0.5
$622,001 - $932,000 3.7
$497,001 - $622,000 4.8
$373,001 - $497,000 11.9
$248,001 - $373,000 26.4
$124,001 - $248,000 34.0
$62,001 - $124,000 14.4
$0 - $62,000 4.0

Very High for GA
High for Nation

Value Relative to Nation Value Relative to State
22.6854564631431 7.08245243128964

Number Of Homes And Apartments:
8,789

Canton Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
GA*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
21.71% 1.15% 6 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,122 / per month

Homeownership Rate

Homeownership
Owners 53.54
Renters 46.46
Vacant 8.14

Housing Market Details

 

Age of Homes

AGE OF Canton HOMES
2000 or Newer 60.9
1970 - 1999 27.8
1940 - 1969 6.0
1939 or Older 5.2

Types of Homes

TYPE OF Canton HOMES
Single-Family 58.4
Townhomes 6.7
Small Apt. Buildings 7.6
Apt. Complexes 26.6
Mobile Homes 0.8
Other 0.0

Home Size

SIZE OF Canton HOMES
No Bedroom 2.03
1 Bedroom 8.18
2 Bedrooms 34.44
3 Bedrooms 34.66
4 Bedrooms 13.96
5 or more bedrooms 6.73