Housing in Canaan, CT
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — December 2025Median Sale Price
$650,000
Median List Price
$195,000
Price Per Sq Ft
$284
Days on Market
83
Active Inventory
6
Months of Supply
2.0
Seller's market
Zillow Home Value
$373,648
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
33.3%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
97.6%
Buyer's market
Market Activity
Source: RedfinHomes Sold
3
New Listings
1
Pending Sales
2
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$284
Median List $/SF
$201
Canaan vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Canaan is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$170,700
Median Rent
$1,321
Total Housing Units
657
Vacancy Rate
12.0%
Owner Occupied
60.5%
Renter Occupied
39.5%
Median Property Tax
$3,076
per year
Monthly Cost (w/ Mortgage)
$1,130
Housing Types
The current median sale price in Canaan, CT is $650,000 according to Redfin data. Homes spend a median of 83 days on the market. 33.3% of homes sold above asking price. The market has 2.0 months of supply. The median price per square foot is $284. The median rent is $1,321 per month (Census ACS). About 60.5% of housing units are owner-occupied. The median year homes were built is 1938. There are 657 total housing units.