The Canal Place housing market is somewhat competitive. The median sale price of a home in Canal Place was $1.6M last month, up 92.8% since last year. The median sale price per square foot in Canal Place is $190, up 66.7% since last year.
What is the housing market like in Canal Place today?
In March 2024, Canal Place home prices were up 92.8% compared to last year, selling for a median price of $1.6M.
$1.6M
Sale Price
+102.6% since last year
$190
Sale $/Sq. Ft.
+66.7% since last year
Under List Price
1.2%
Days on Market
5
Down Payment
—
Total Homes Sold
1
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How hot is the Canal Place housing market?
Canal Place is somewhat competitive. Homes sell in 5 days.
0
100
69
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 5 days.
Hot homes
can sell for about 1% above list price and go pending in around 3 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Canal Place housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Canal Place.
Risk Factor
Flood Factor - Moderate
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Canal Place has a moderate risk of flooding. 23 properties in Canal Place are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in Canal Place. Flood risk is increasing slower than the national average.
1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Canal Place has a minor risk of wildfire. There are 5 properties in Canal Place that have some risk of being affected by wildfire over the next 30 years. This represents 1% of all properties in Canal Place.
Canal Place has minimal risk of severe winds over the next 30 years
Wind Factor
Canal Place has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.