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Washington County · Canehill, Jan 2026 to Sep 2026

Canehill Market Shows Thin Sales, Rising Supply

With only one closed sale in nearly eight months and inventory stretching to nearly 40 months of supply, Canehill is currently classified as a buyer's market.

Updated September 9, 2026

9 New Listings +125.0% YoY
5 Active Inventory +150.0% YoY
1 Sold / Closed 0.0% YoY
$779,000 Median List Price -0.9% YoY
$113,000 Median Sale Price -64.7% YoY
$113,000 Total Sales Volume -64.7% YoY
$97.00 Median $ / Sq Ft -56.3% YoY
81.4% Sale-to-List Ratio -18.6% YoY
63 Average DOM -6.0% YoY
39.9 Months of Supply +149.4% YoY

Compared against the same period one year earlier.

Average Sale Price · Last 12 Months

Price Distribution

Price Trends

Only one home sold in Canehill during this period, closing at $113,000, which represented 81% of its most recent list price. Active listings currently carry a median list price of $779,000 and an average list price of $995,867, showing a fairly wide spread among what is currently offered. Because the sale figures reflect a single transaction, they are best read as a snapshot of that one sale rather than a broad pricing trend for the area.

Inventory & Supply

Canehill shows 5 active listings against a pace of just one completed sale in the period, producing months of supply of 39.9 — a level associated with a buyer's market. For comparison, Washington County as a whole shows 1,872 active listings and a months-of-supply figure of 14,945.3, reflecting the difference in scale between the full county and this single city. The absorption rate for Canehill sits at 2.51%, and the pending-to-active ratio is 0%, pointing to limited contract activity relative to what's currently listed.

Pace of Sales

The one recorded sale in Canehill took an average of 63 days to close, matching the median days-on-market figure for the period. Sell-through was 11.1%, meaning a small share of listed inventory converted to a completed sale during this stretch. With so few transactions recorded, these pace figures describe a quiet period rather than an established trend.

Property & Price Range Notes

The completed sale fell into the Under $150K price range, while the remaining active inventory in Canehill spans from the $150K–$300K bracket up through $1.05M and above, including two listings priced above $1.05M. Houses account for both the sale and the bulk of active listings, with a median size of 2,016 square feet and a median year built of 1985 across the properties sampled.

See all the stats

Information deemed reliable but not guaranteed. Market statistics are derived from MLS data for the period shown and may not reflect all activity. Not intended to solicit properties currently listed with another broker.

This report was written by AI from calculated market statistics and reviewed by our team before publishing. It is not personalized advice.

James Morgan
James Morgan Realtor (346) 857-6642 james@dltproperties.com
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