The Canal Point market

Market report · City · Jul 2026

The Canal Point market, in numbers

Too few closed sales recently for a reliable read — the numbers below lean on longer windows.

Some comparisons are hidden until at least 3 transactions close in a month. Medians below are drawn from very small samples — treat them as indicative.

Median rent

$675/mo

↑ +3.8% YoY

2 leases closed in Jul 2026

Low sample

Your questions, answered

Straight answers from Canal Point’s closed transactions.

Is now a good time to buy?

Too few recent sales for a confident read — see the longer-run trend below.

How much room is there to negotiate?

Not enough closed sales this month to measure — the price-cut chart below is the best proxy.

When is the best time to list?

Closings peak in June and bottom out around January. Listing four to six weeks ahead of the peak historically gets the most eyes.

Is it a good rental investment?

Yield needs at least 3 closed sales and 3 closed leases in a month — this area doesn’t clear that bar yet.

Buying vs renting

To buy — median sale price

Sale price, $

—

To rent — median monthly rent

Monthly rent, $

$675/mo↑ +3.8% YoY

Jul 2026 — median $675/mo · 2 leases · 7.5 days on market · low sample

$650

$660

$670

$680

Aug ’25

Oct ’25

Dec ’25

Feb ’26

Apr ’26

Jun ’26

MedianTypical range (5th–95th percentile)3+ closingsUnder 3 (low sample)No closings (activity only)Tap or hover any month for its numbers.

What each size costs

Medians over the last 12 months.

Beds

To buy

To rent

Volume

1 bed

—

$667/mo

4 closed Low sample

Market depth

Supply and demand

Listings per month

Jul 2026 — 0 closed · 0 new · 1 active

0.25

0.5

0.75

Aug ’24

Nov ’24

Feb ’25

May ’25

Aug ’25

Nov ’25

Feb ’26

May ’26

ClosedActive (on market)New listings

Seasonality

Avg closings

Listings move fastest in June

0.1

0.2

0.30000000000000004

0.4

Average closings by calendar month, drawn from at least two years of history.

Price-cut pressure

% of active listings

Jul 2026 — 0% of active listings cut

10%

20%

Aug ’24

Nov ’24

Feb ’25

May ’25

Aug ’25

Nov ’25

Feb ’26

May ’26

3-month averageSingle month

HOA fees per sqft

$ per sqft, monthly

Too few closed transactions to chart HOA fees here.

Median monthly HOA fee per square foot among closed sales.

Homes for sale in Canal Point →Rentals in Canal Point →

Based on 10 closed transactions over the period shown · Updated Aug 9, 2026 · Medians drawn from fewer than 3 closings are flagged as low sample.