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Canton Housing Market Report July 2025•Lincoln County, South Dakota

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Housing Prices in Canton, SD

How much do homes in Canton, SD cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$270,250$167/SqFt
-$29,750
-9.9%

Based on all homes listed in July 2025

Insight

The list price of homes in Canton has decreased by 9.9% since June.

Summary: The median home list price in Canton was $270,250 in July 2025, down 9.9% from the previous month, and the median price per square foot was $167.

Median List Price By Cities

Median List Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange MoM
Canton Township
-9.9%
Canton
-9.9%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJun 2025Jul 2025Change MoM
1-$199K
N/A
2$159.9K$169.9K
+6.3%
3$272.5K$239.7K
-12.0%
4$324.9K$314.9K
-3.1%
5$799.9K$694.9K
-13.1%

Summary: Canton housing price by bedroom type for July 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +6.3%. The home price for 3 bedroom homes decreased by -12.0%. The home price for 4 bedroom homes decreased by -3.1%. The home price for 5 bedroom homes decreased by -13.1%.

How does Canton, SD compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Canton, SD

Housing supply in Canton, SD

How many homes are available in Canton, SD?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
30Last MonthJul 2025
212 months agoJun 2025
+42.9 %
Change MoMJun – Jul

Summary: The Canton real estate market had 30 homes for sale in Jul 2025, a 42.9 % increase compared to Jun 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJun 2025Jul 2025Change MoM
101
+100.0%
247
+75.0%
3912
+33.3%
456
+20.0%
534
+33.3%

Summary: Canton housing inventory by bedroom type for July 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes increased by +75.0%. The inventory for 3 bedroom homes increased by +33.3%. The inventory for 4 bedroom homes increased by +20.0%. The inventory for 5 bedroom homes increased by +33.3%.

Asking Price vs. Sold Price

How much do homes in Canton, SD cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price1 Home

Under Asking Price4 Homes

Insight

If you're buying a home in Canton, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Canton in July 2025, up by 100.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and and 0% were sold over asking.

Days on Market for Canton, SD

How long does it take to sell a home in Canton, SD?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days3 Homes

Over 90 Days2 Homes

Insight

Avg time on Rocket Homes in Canton has remained consistent over time.

Summary: During July 2025, 5 homes were sold in Canton; 0% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
53 DaysLast MonthJul 2025
50 Days1 month agoJun 2025
+6.8 %
Change MoMJun – Jul

Summary: Homes in Canton had an average listing age of 53 days in Jul 2025, up by 6.8% compared to the previous month.

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Newest Listings in Canton, SD

What homes are available in Canton, SD?

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Nearby markets aren't available for Canton, SD

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MLS Disclaimers and Copyright

Based on information from Sioux Empire MLS, for the period 06/01/2025 - 08/01/2025

IDXThe data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by other brokerage firms are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker(s) providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The REALTOR® Association of the Sioux Empire, Inc. does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Broker Reciprocity
©2025 REALTOR® Association of the Sioux Empire, Inc. Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/3/2025, 8:45:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.