Is Canfield, OH 44406 a buyer’s or seller’s market?
Canfield is a seller’s market. With about 2.9 months of supply and 19% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 42% of U.S. ZIP codes, and #392 of 489 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Canfield housing market right now
In the three months ending August 31, 2026, 19% of homes in Canfield, OH 44406 sold above their list price, the typical home went under contract in 42 days and there were 2.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 97 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 26%, homes sold more slowly (40 days then) and the median sale price rose 27% to $386,833. Overall, Canfield is less competitive than a year ago, which gives buyers more room.
Within Mahoning County, homes here sell faster than in 58% of the county’s ZIP codes, and sell more often over asking than in 54%. On our competition score, Canfield ranks #392 of 489 OH ZIP codes with enough sales (score 43 out of 100).
Nearby, buyers who want less competition could look at Youngstown 44510 (0% sold over asking) or Youngstown 44507 (0% sold over asking), while Sebring 44672 (43% sold over asking) and Youngstown 44502 (40% sold over asking) are even more competitive.
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Nearby markets
Beloit 44609Balanced $109 /sq ftBerlin Center 44401Seller’s market $171 /sq ftCampbell 44405Balanced $118 /sq ftLake Milton 44429Seller’s market $337 /sq ft Browse all markets →Towns like Canfield nearby
Find towns like Canfield in other states →Where Canfield is
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Questions about Canfield real estate
Is Canfield a buyer’s or seller’s market?
A seller’s market: there were 2.9 months of supply in Canfield, OH 44406 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Canfield?
The typical home went under contract in 42 days in the latest three months.
Do homes in Canfield sell over asking?
19% of homes sold above their original list price, and the typical sale closed at 97.2% of the list price.
What are property taxes in Canfield?
About 1.30% of a home’s value a year in Mahoning County, or roughly $5,200 on a $400,000 home.
What is the median home price in Canfield?
The median sale price was $386,833 in the three months ending August 31, 2026, about $174 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology