All Home Types
New Canaan, CT Housing Market
What is the housing market like in New Canaan today?
In January 2025, New Canaan home prices were up 6.6% compared to last year, selling for a median price of $1.5M.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,500,000
+6.6% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
New Canaan, CT
$1,500,000
+6.6%
United States
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New Canaan Migration & Relocation Trends
In Dec '24 - Feb '25, 30% of New Canaan homebuyers searched to move out of New Canaan, while 70% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into New Canaan from outside metros.
- San Francisco homebuyers searched to move into New Canaan more than any other metro followed by Seattle and Los Angeles.
Where are people moving to New Canaan from?
- 70% of New Canaan homebuyers searched to stay within the New Canaan metropolitan area.
- Miami was the most popular destination among New Canaan homebuyers followed by Philadelphia and Boston.
Where are people from New Canaan moving to?
Number of People Moving to New Canaan
least
most
People are moving to New Canaan from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Dec '24 - Feb '25 | ||
| 1 | 198 | ||
| 2 | 74 | ||
| 3 | 64 | ||
| 4 | 18 | ||
| 5 | 11 | ||
| 6 | 5 | ||
| 7 | 4 | ||
| 8 | 3 | ||
| 9 | 3 | ||
| 10 | 3 | ||
People are leaving New Canaan for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Dec '24 - Feb '25 | ||
| 1 | 5,524 | ||
| 2 | 4,297 | ||
| 3 | 3,510 | ||
| 4 | 2,469 | ||
| 5 | 1,894 | ||
| 6 | 1,883 | ||
| 7 | 1,663 | ||
| 8 | 1,471 | ||
| 9 | 1,351 | ||
| 10 | 1,214 | ||
Methodology
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.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in New Canaan.
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