What You Need to Know About the Real Estate Market in Canton, OH
If you live here, you associate Canton, OH, with home, but many people think of the Pro Football Hall of Fame. As much as we love our football, we know Canton is about more than sports.
In November 2019, the city’s real estate market made the list of the 20 hottest markets to sell a home! Even with the impact on housing sales caused by the current global pandemic, Canton is still a competitive market.
That means now could be your time to sell!
Read today’s post and explore things homeowners should know about selling a home in Canton, OH. We’ve put together all the current information you’ll need to have a successful sale.
Is Canton Ohio Still a Hot Market?
No matter where you live, the housing market fluctuates. It ebbs and flows, and sometimes isn’t at all predictable. Despite the current health crisis, people are still buying and selling real estate in Canton.
That said, not as many homes sold during the spring rush primarily because of stay-at-home orders. When buyers could visit a home in person, they faced a whole new landscape of masks, gloves, and disinfectants.
Time will tell how quickly housing markets in the U.S. bounce back, but one thing is certain—people will always need and want a home to call their own.
Canton Ohio Real Estate Prices
Like most other cities on the map, you’ll find a broad range of housing prices in Canton. Right now, the median price for a house is $98,000.
Of course, location makes a huge difference. People looking for homes in the area can find homes ranging from $200s to the low $60s.
Popular neighborhoods include the Ridgewood Historic District and Colonia Heights. Homes in the historic district sell for higher prices, while buyers can find homes in Colonial Heights starting around $60,000.
How to Sell Your House Fast in Canton
Not all homeowners want to wait for the world to normalize. Sometimes people need to sell a home fast and aren’t sure how to do it.
If you have real estate in Canton and want to sell soon, consider working with a real estate company that pays cash. A cash transaction usually means you won’t need to go through the tedious process of selling a home the traditional way.
Working with a cash buyer can get your home sold faster. You also won’t need to be on-call for showings.
Since many cash buyers like to buy homes in as-is condition, you likely won’t spend as much for repairs, realtor’s commissions, and real estate closing costs.
A cash sale minimizes the risk of a last-minute hassle. Cash buyers don’t rely on the approval of a loan application, which means less chance of the sale falling through.
Need Help with the Canton Real Estate Market?
Regardless of the health of the housing market, when you’re thinking about selling your home, it’s always comforting when there’s someone who can offer advice.
If you’re looking for real estate market help, or want to sell your home here in Canton, we’re your team. Contact us today for a cash offer.
