Housing in New Canaan, CT

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$1,417,000

Median List Price

$1,599,000

Price Per Sq Ft

$591

Days on Market

41

Active Inventory

14

Months of Supply

7.0

Buyer's market

Zillow Home Value

$2,026,801

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 11.6%List Price 45.4%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

50.0%

Off Market in 2 Weeks

66.7%

Sale-to-List Ratio

115.9%

Seller's market

Sold Above Asking
50.0%
Under Contract in 2 Wks
66.7%
Listings with Price Drops
14.3%

Market Activity

Source: Redfin

Homes Sold

2

New Listings

7

Pending Sales

6

Homes Sold 71.4%New Listings 40.0%Pending 33.3%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$591

Median List $/SF

$476

Sale $/SF 27.9%List $/SF 17.5%Mar 24Jan 26

New Canaan vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. New 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

$1,115,600

Median Rent

$3,501

Total Housing Units

2,993

Vacancy Rate

8.9%

Owner Occupied

64.2%

Renter Occupied

35.8%

Median Property Tax

$10,001

per year

Monthly Cost (w/ Mortgage)

$3,229

Housing Types

Single Family
62.4%
Multi-Family
37.6%
Mobile Home
0.0%

The current median sale price in New Canaan, CT is $1,417,000 according to Redfin data. Homes spend a median of 41 days on the market. 50.0% of homes sold above asking price. The market has 7.0 months of supply. The median price per square foot is $591. The median rent is $3,501 per month (Census ACS). About 64.2% of housing units are owner-occupied. The median year homes were built is 1968. There are 2,993 total housing units.