Is Canton, MI 48188 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Canton is a seller’s market. With about 2 months of supply and 39% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score81/ 100

More competitive than 86% of U.S. ZIP codes, and #77 of 510 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2Under 4 months = seller’s market
Sold above original list39.4%Share of sales, last 3 months
Median sale-to-list101%Sold price ÷ list price
Median days on market20Listing to accepted offer
Median price per sq ft$192▼ −1.8% vs. last year

Nearby markets

Allen Park 48101Seller’s market $145 /sq ftBelleville 48111Seller’s market $184 /sq ftCanton 48187Seller’s market $196 /sq ftDearborn 48120Balanced $113 /sq ft Browse all markets →

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology