October's First-Time Homebuyer Report for Canton

With 3,581 residents, Canton is a larger than average city in Texas. Also, with a 1.6% increase over the last 10 years, its population is growing slightly faster than other parts of the state. Canton is made up of homes that are considered relatively old with a median of 33 years. Heading the list of top schools in the city is Canton Intermediate.


If you are interested in the top stores to shop in Canton, Foursquare says that First Monday Trade Days, Walmart Supercenter, and CVS Pharmacy are the most popular places to buy a few things. You might also try YesterLand Farm and Van Zandt County Veterans Memorial Plaza, a few popular places to experience the outdoors. And finally, Dairy Palace, Whataburger, and Denny's are frequently visited spots to eat.

Price Range

Homes in Canton are generally more expensive than others in the state with a median home value of $95,300 and an average list price of $195,022. The Canton market saw sales drop 36.4% this week but it is currently in the midst of an emerging upward sales trend, including seven homes sold over the last 30 days.

Make sure you take a look at these eye-catching homes in Canton that generated the most views from potential buyers:

$179K   $115K   $124K  

Typical Dwelling

The typical dwelling in Canton is a three-bedroom detached home worth about $157,616. To purchase a similar home, a buyer with good credit and a $31,523 cash down payment could obtain a mortgage with a 3.95% interest rate and a $800 monthly payment. The property tax rate is $11.04 per $1,000 of taxable assessed value.

Get started right now by checking out Canton homes for sale or reviewing Canton real estate trends.

Data reported through 10/13/2016


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Dallas City Center Realtors
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