Canton, SD
Full City Profile · South Dakota · Lincoln County County
3.2
/5.0
B
Good
3,060
Population
936/sq mi density
$65,500
Median Income
$39,248 per capita
$191,000
Home Value
$296,670 Zillow
$693
Median Rent
22.4% income on rent
46°F
Avg Temperature
291 sunny days/yr
341
Violent Crime/100K
1,676 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$65,500 median income, 1.9% unemployment
A+
Affordability
5.0 / 5.0
$191,000 home value, $693/mo rent
F
Safety
1.0 / 5.0
341 violent crimes/100K
C+
Education
2.6 / 5.0
19.5% bachelor's degree or higher
Housing Overview
Median Home Value
$191,000
32% below
US avg: $281,900
Median Rent
$693/mo
40% below
US avg: $1,163/mo
Homeownership Rate
68.1%
4% above US avg (65.4%)
Total Housing Units
1,523
Median year built: 1960
Home Value by Source
Census Median
$191,000
Zillow (ZHVI)
$296,670
Median Sale Price
$210,000
Median List Price
$94,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
68.1%
Owner-Occupied
31.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$691/mo
1 Bedroom
$784/mo
2 Bedroom
$990/mo
3 Bedroom
$1,295/mo
4 Bedroom
$1,540/mo
Census median rent:
$693/mo
Market Indicators (Redfin)
Median Days on Market
53 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
16.7%
of listings with price reduction
Price Per Sq Ft
$116
Active Inventory
6
homes for sale
Affordability & Housing Stock
Rent Burden
22.4%
of renters spending 30%+ of income on housing
28% below US avg (31.0%)
Median Year Built
1960
Average age of housing stock: 66 years
Homeownership Rate
68.1%
Complete Housing Data
Home Values
| Census Median Value | $191,000 |
| Zillow Home Value (ZHVI) | $296,670 |
| Median Sale Price | $210,000 |
| Median List Price | $94,900 |
| Price Per Sq Ft | $116 |
Rent
| Census Median Rent | $693 |
| FMR Studio | $691 |
| FMR 1-Bedroom | $784 |
| FMR 2-Bedroom | $990 |
| FMR 3-Bedroom | $1,295 |
| FMR 4-Bedroom | $1,540 |
Market
| Days on Market | 53 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 16.7% |
| Homes Sold | 2 |
| Active Inventory | 6 |
| Price Per Sq Ft | $116 |
Ownership & Stock
| Owner-Occupied | 68.1% |
| Renter-Occupied | 31.9% |
| Homeownership Rate | 68.1% |
| Total Housing Units | 1,523 |
| Median Year Built | 1960 |
| Rent Burden | 22.4% |
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