Canton-Massillon, OH

There is no doubt that the Canton-Massillon, OH metropolitan statistical area (MSA) has seen some ups and downs in the housing market over the past few years. However, there are some definite trends that have emerged in recent months that suggest that the market is on an upswing.

First and foremost, prices have been steadily rising in the MSA since bottoming out in early 2016. This is due in large part to increased demand from buyers who are looking to take advantage of low interest rates and affordable home prices. In addition, the number of homes available for sale has been declining steadily over the past year, which has helped to drive prices up even further.

Another trend that is becoming increasingly evident is that more buyers are willing to pay cash for their new home. This is likely due to a combination of factors, including stricter lending standards and a desire to avoid taking on too much debt. However, it also indicates that there are more investors entering the market, which could help to support prices even further in the future.

Overall, it seems clear that the Canton-Massillon housing market is on an upswing after a few years of struggles. Prices are rising thanks to increased demand from buyers, while also falling inventory levels are helping to push values upward. Additionally, more cash buyers are entering the market, which could provide additional support for prices going forward.