The Canaan housing market is somewhat competitive. The median sale price of a home in Canaan was $320K last month, down 63.4% since last year. The median sale price per square foot in Canaan is $172, down 58.2% since last year.
In June 2025, Canaan home prices were down 63.4% compared to last year, selling for a median price of $320K.
$320K
Sale Price
-63.4% since last year
$172
Sale $/Sq. Ft.
-58.2% since last year
Over List Price
0.3%
Days on Market
56
Down Payment
—
Total Homes Sold
1
To compare other locations to the Canaan and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Canaan add value to a home.
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How hot is the Canaan housing market?
Canaan is somewhat competitive. Homes sell in 56 days.
0
100
49
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 around list price and go pending in around 56 days.
Hot homes
can sell for about 5% above list price and go pending in around 9 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
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 Canaan housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Canaan.
Flood Factor - Moderate
36% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Canaan has a moderate risk of flooding. 28 properties in Canaan are likely to be
severely affected
by flooding over the next 30 years. This represents 36% of all properties in Canaan. Flood risk is increasing faster than the national average.
90% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Canaan has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Canaan is most at risk from hurricanes. 207 properties in Canaan have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 58 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 67 mph.