Canaan, CT housing market
The typical Canaan home is worth about $393,000, up 3.1% in a year, 13% below the Connecticut typical home.
Home values, sales, trends and how Canaan compares with the towns next door — updated as new data is published.
Canaan at a glance
Only 2 sales in April 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Canaan | Connecticut |
|---|---|---|
| 2017 | $194,000 | $248,000 |
| 2018 | $202,000 | $256,000 |
| 2019 | $202,000 | $258,000 |
| 2020 | $200,000 | $264,000 |
| 2021 | $236,000 | $293,000 |
| 2022 | $270,000 | $326,000 |
| 2023 | $313,000 | $357,000 |
| 2024 | $356,000 | $395,000 |
| 2025 | $383,000 | $420,000 |
| 2026 | $383,000 | $438,000 |
| August 2026 | $393,000 | $451,000 |
Canaan and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Canaan | $393K | +3.1% | — | $89,632 |
| Salisbury | $941K | +4.4% | — | $124,256 |
| Falls Village | — | — | — | $53,750 |
| Norfolk | $503K | +8% | — | $91,548 |
| Cornwall | $676K | +2.6% | — | $128,864 |
4.4 years of income
The typical Canaan home costs about 4.4 years of the town's median household income, less than across Connecticut (4.7 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, April 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.