Photo: Dwight Burdette · CC BY 3.0464 homes sold in Canton Township in the last year, at a typical $400K
Redfin reports Canton Township’s sales by ZIP code, so these figures are for ZIP 48187, which takes in Canton Township and the area around it. About one sale in 5 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Canton Township homes are listed.
Every place Canton Township homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Canton Township.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
19% of Canton Township’s sales are condos, at $138K less than a house
372 houses and 90 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 372 sold in 12 months
- Per square foot
- $206MI $172
- Days to sell
- 14
- Sold over asking
- 49%
typical sale · 90 sold in 12 months
- Per square foot
- $184MI $190
- Days to sell
- 32
- Sold over asking
- 25%
Fewer homes sell than before 2022, at 1.8 times the 2016 price
464 sales in the last year, against 841 in 2021 and a low of 461 in 2025. The typical sale went from $225K in 2016 to $400K.
Source: Redfin Data Center, MLS sales; for ZIP 48187, which takes in Canton Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales.
What $400K buys in Canton Township
Check a listing against what Canton Township homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Canton Township are more common than before the pandemic, but 44% fewer homes come up for sale
We read every month of home sales in ZIP 48187 since 2014 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 464 sales.
If you’re buying in Canton Township
- Shop in October. It brings about 69 new listings a month, close to the busiest month, with fewer bidding wars (36% over asking).
- Bid near asking. Buyers paid 100.4% of the list price on average; 45% paid over.
- Move fast on good ones. 60% of homes are under contract within two weeks.
Summer brings both the most homes and the most bidding wars
July has the most new listings (about 85 a month), but June is the most competitive: 46% of June sales close over asking. September and October offer nearly as much choice with fewer homes bid up (40%). February has the least competition (29%) but only about 35 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and hotter than Michigan
| Canton Township now | 2017–19 | 2021 peak | MI now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 45% | 29% | 54% | 31% |
| Gone within two weeksShare of homes under contract within 14 days | 60% | 52% | 63% | 43% |
| Listings with a price cutShare of homes for sale that cut their price | — | — | — | 28% |
| Price paid vs. askingAverage sale price ÷ list price | 100.4% | 98.9% | 101.7% | 98.4% |
| Days to sellMedian days from listing to contract | 17 | 18 | 15 | 33 |
64 homes for sale on a typical day
That’s 1.6 times the 2023 low (39), 44% fewer than in 2017–19 and well under 2015’s 200.
Since 2019, houses are up 47%, condos 39%
A house typically sold for $420K in the last year (372 sales), a condo for $282K (90).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Source: Redfin Data Center, ZIP code tracker; for ZIP 48187, which takes in Canton Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2014 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Canton Township home costs about $2,556 a month
Price: Canton Township’s typical sale, last 12 months. Property tax at Canton Township’s 1.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Canton Township is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in July
The month with the most choice. February has the fewest, about 35.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $400K home, about $5,620 a year.
Taxes vs. neighborsSchools
The schools grade for Canton Township, from test results, graduation and how much students grow.
Schools in Canton TownshipTypical commute
The average one-way trip to work for people who live in Canton Township.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Wayne, Westland, Garden City and Belleville sell for less a square foot; Plymouth for far more
The busier markets within 25 miles of Canton Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Westland | 923 | $227K | $164 | 44% | 19 |
| Canton Township (ZIP 48187) | 464 | $400K | $199 | 45% | 17 |
| Garden City | 374 | $219K | $168 | 47% | 16 |
| Wayne | 185 | $179K | $144 | 43% | 31 |
| Plymouth | 165 | $520K | $303 | 42% | 19 |
| Northville Township | 113 | $482K | $240 | 27% | 23 |
| Belleville | 54 | $286K | $178 | 35% | 26 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Canton Township, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Canton Township. People who follow the town see it, and so do people comparing Canton Township with their own town. No commission, no listing fee.
Questions about buying a home in Canton Township
What do homes sell for in Canton Township, MI?
464 homes sold in the year to May 2026 at a typical $400K, $199 a square foot. Houses sold for about $420K, condos for about $282K.
Is Canton Township a buyer’s or seller’s market?
A seller’s market: 67 homes were for sale in May 2026 and 40 sold, about 1.7 months of supply. Buyers paid 100.4% of asking on average.
When is the best time to buy in Canton Township?
July brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Canton Township?
About 1.4% of a home’s value a year. On a $400K home that’s near $5,620.
Where can I see homes for sale in Canton Township?
Zillow, Redfin, Realtor.com and Homes.com all carry Canton Township’s MLS listings; the search links above open each one filtered to Canton Township.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 48187, which takes in Canton Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).