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Canaan Real Estate Market Facts

  • $197,600Median home price
    27% lower than Connecticut
  • $1,246Median rent asked
    14% higher than Connecticut
  • 59.8%Home owners
    10% lower than Connecticut
  • 2.5People per home
    2% lower than Connecticut

Canaan Home Affordability

  • $197,600Median home price
    27% lower than Connecticut
  • $60,625Median home income
    16% lower than Connecticut
  • 3.3xHome price to income ratio
    13% lower than Connecticut

Canaan Affordability Calculator

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Canaan Mortgage Calculator

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Canaan Demographics

  • 1,192Population
  • 683People / sq mile
  • 36.2Median age
  • 1.0:1Male/Female ratio

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Winsted, CT7,535$147,20020%
Torrington, CT35,227$162,30012%
Millerton, NY830$215,10016%
Norfolk, CT491$227,80023%
Copake Falls, NY208$230,10025%
Canaan, CT1,192$197,6007%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Hebron, MD1,192$137,00026%
Newark, TX1,192$81,50056%
Mustang Ridge, TX1,192$136,30026%
Sloan, IA1,192$121,80034%
Worden, IL1,192$105,00043%
Canaan, CT1,192$197,6007%
Source: The Canaan, CT housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).
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