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Prospect Heights Addition Village Square

CANTON, IL 61520

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 61520

Prospect Heights Addition · Village Square

Market Analysis

Data as of February 2026. Source: Realtor.com.

The CANTON, IL real estate market (61520) currently shows 73 active listings, with 25 pending sales. Homes are averaging 84 days on the market before going under contract.

Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 84 days on market compared to 81 days last year.

The median listing price has risen 14% year-over-year, from $84,900 to $96,800.

Whether you are buying or selling in CANTON, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 16,176  ·  Density: 41.1/mi²  ·  Median household income: $54,129

Typical home value: $109,903  ·  Homeownership: 72.9%

Market Overview

Active Listings
73
⇧ 32.7% vs 55 last year
Pending
25
34% pending ratio
Median Price
$96,800
⇧ 14% vs $84,900 last year
Average Price
$119,460
⇩ 2.4% vs $122,391 last year
Days on Market
84
⇧ 3.7% vs 81 days last year

Price Per Square Foot

Median $/sqft
$66
⇩ 1.5% vs $67/sqft last year
Median Home Size
1,340 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 73 this year vs 55 last year
  • Days on market: 84 now vs 81 last year

Median & Average Pricing

Year over Year
  • Median: $96,800 (+14% YoY)
  • Average: $119,460 (-2.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.5 miles — 369 listings ($58,248,826 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61520Canton, IL 615200.0 mi64$8,476,544$110,055$132,446
61427Cuba, IL 614279.5 mi10$3,652,570$290,000$365,257
61533Glasford, IL 6153310.0 mi2$193,900$96,950$96,950
61542Lewistown, IL 6154212.4 mi13$3,022,630$234,500$232,510
61546Manito, IL 6154613.1 mi10$1,624,500$135,000$162,450
61547Mapleton, IL 6154715.6 mi4$1,390,000$347,500$347,500
61536Hanna City, IL 6153616.0 mi8$1,281,832$140,000$160,229
61572Yates City, IL 6157217.7 mi2$237,900$118,950$118,950
61607Peoria, IL 6160718.6 mi23$4,215,440$192,450$183,280
61441Ipava, IL 6144120.0 mi1$103,750$103,750$103,750
61554Pekin, IL 6155421.0 mi113$20,078,631$129,900$177,687
61604Peoria, IL 6160422.4 mi113$11,580,579$94,900$102,483
61528Edwards, IL 6152822.5 mi6$2,390,550$449,900$398,425

Frequently Asked Questions

How many homes are for sale in CANTON, IL 61520?

As of February 2026, there are 73 active listings in CANTON, IL (zip code 61520), compared to 55 the prior year.

What is the median home price in CANTON, IL 61520?

The median listing price in CANTON, IL 61520 is $96,800 as of February 2026, a 14% increase from $84,900 the prior year.

How long do homes stay on the market in CANTON, IL?

Homes in CANTON, IL 61520 spend an average of 84 days on the market before going under contract, compared to 81 days the prior year.

Is it a seller's or buyer's market in CANTON, IL 61520?

Based on current inventory and days-on-market data as of February 2026, CANTON, IL 61520 is currently a Buyer's Market. Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 84 days on market compared to 81 days last year.

How much can I save on real estate commission in CANTON, IL?

With SELL123.com's maximum 3% commission, sellers in CANTON, IL 61520 save an estimated $1,936 compared to a typical 5% commission on the median listing price of $96,800. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.