The story of this market
The typical home in ZIP 75103 sells for about $290,000, or $162 per square foot.
Prices are up +7.2% from a year ago, so sellers still have some momentum. Homes take about 104.5 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,588 a month.
ZIP 75103 — Canton
The housing market in 75103 is currently experiencing moderate growth with a median sale price of $290,000, reflecting a 7.2% year-over-year increase. While inventory remains available, the market is not highly competitive, with homes staying on the market for over 100 days on average. The area's unique retail economy and rural character continue to drive steady, albeit slow, demand.
This ZIP is well-suited for families and retirees seeking a rural-suburban lifestyle with access to local amenities, as well as those who value the community-centric atmosphere of Canton.
Median prices moved up 7.2% year over year.
Homes spend a median of 105 days on market with 10.4 months of supply — a slower-moving market.
5% of listings have cut prices · homes sell at 94.9% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.5% · poverty 12.0% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 75103, Van Zandt County TX
The area is served by the Canton Independent School District, which is generally regarded as a stable, community-focused district for the region.
The region is subject to standard Texas weather risks, including severe thunderstorms and occasional high winds; property insurance premiums are influenced by these regional climate factors.
Canton serves as a regional hub for Van Zandt County, driven by its unique retail economy and proximity to the Dallas-Fort Worth metroplex, supporting steady local development.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
Commuting is primarily car-dependent, with residents typically driving to employment centers in the surrounding East Texas region or the eastern edge of the DFW metroplex.
The area is famous for the First Monday Trade Days, a massive monthly flea market, and offers access to local parks, nearby lakes for fishing, and rural outdoor recreation.
The rental market is characterized by a mix of single-family homes and mobile home inventory, with limited high-density apartment supply and steady demand from local workers.
The local economy is anchored by retail, tourism related to the trade days, and agricultural services, with many residents commuting to larger regional employment hubs.
Transportation is almost exclusively via private vehicle, with major access provided by State Highway 19 and Interstate 20.
Development is primarily focused on low-density residential expansion and the maintenance of the existing retail infrastructure supporting the trade days.
The Van Zandt County Appraisal District manages property valuations for all taxing jurisdictions within the county.
Parcels are subject to Canton ISD taxes and county-level assessments; specific MUD or PID districts are not prevalent in this rural-leaning geography.
Property insurance markets in East Texas are sensitive to wind and hail risk, leading to moderate-to-high premium levels for residential structures.
Data retrieved from US Census Bureau ZCTA profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
One of the oldest and largest outdoor flea markets in the United States, serving as a major regional anchor.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.