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Prospect Heights Addition Village Square

CANTON, IL 61520

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 61520

Prospect Heights Addition · Village Square

Market Analysis

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

The CANTON, IL real estate market (61520) currently shows 80 active listings, with 32 pending sales. Homes are averaging 48 days on the market before going under contract.

Inventory has increased compared to last year, with 26 more homes available — giving buyers more choice.

Homes are selling faster, averaging 48 days on market compared to 49 days last year.

The median listing price has risen 18.7% year-over-year, from $87,400 to $103,725.

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
80
⇧ 48.1% vs 54 last year
Pending
32
40% pending ratio
Median Price
$103,725
⇧ 18.7% vs $87,400 last year
Average Price
$127,184
⇩ 9.3% vs $140,278 last year
Days on Market
48
⇩ 2% vs 49 days last year

Price Per Square Foot

Median $/sqft
$65
⇩ 13.3% vs $75/sqft last year
Median Home Size
1,351 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 80 this year vs 54 last year
  • Days on market: 48 now vs 49 last year

Median & Average Pricing

Year over Year
  • Median: $103,725 (+18.7% YoY)
  • Average: $127,184 (-9.3% 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 22.4 miles — 338 listings ($53,370,659 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61520Canton, IL 615200.0 mi73$8,720,580$96,800$119,460
61433Fiatt, IL 614337.8 mi1$49,900$49,900$49,900
61531Farmington, IL 615319.8 mi7$1,703,786$113,000$243,398
61569Trivoli, IL 6156911.6 mi1$229,900$229,900$229,900
61539Kingston Mines, IL 6153912.9 mi1$107,000$107,000$107,000
61431Ellisville, IL 6143114.1 mi2$99,800$49,900$49,900
61477Smithfield, IL 6147715.7 mi0$0$99,900$99,900
61529Elmwood, IL 6152917.1 mi6$3,278,478$322,225$546,413
61572Yates City, IL 6157217.7 mi2$207,400$103,700$103,700
61607Peoria, IL 6160718.6 mi29$5,206,602$189,950$179,538
61441Ipava, IL 6144120.0 mi1$52,000$52,000$52,000
61554Pekin, IL 6155421.0 mi103$21,697,053$145,550$210,651
61604Peoria, IL 6160422.4 mi112$12,018,160$99,950$107,305

Frequently Asked Questions

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

As of March 2026, there are 80 active listings in CANTON, IL (zip code 61520), compared to 54 the prior year.

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

The median listing price in CANTON, IL 61520 is $103,725 as of March 2026, a 18.7% increase from $87,400 the prior year.

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

Homes in CANTON, IL 61520 spend an average of 48 days on the market before going under contract, compared to 49 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 March 2026, CANTON, IL 61520 is currently a Balanced Market. Inventory has increased compared to last year, with 26 more homes available — giving buyers more choice. Homes are selling faster, averaging 48 days on market compared to 49 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 $2,075 compared to a typical 5% commission on the median listing price of $103,725. 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.