Home Values

Canaan Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$180,300

  • 4.9% 1-year change
  • None 1-year forecast

The median home value in Canaan is $180,300. Canaan home values have gone up 4.9% over the past year.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Canaan is 3.5%, which is lower than the national value of 6.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Canaan homeowners underwater on their mortgage is 16.1%.

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Relative ZHVI
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Canaan Market Overview

Data through May 31, 2015
  • $180,300 ZHVI
  • No data 1-yr forecast
  • No data Median listing price
  • No data Median sale price
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Canaan Market Health

Data through May 31, 2015
  • No recent data Very healthy
  • No data Average days on Zillow
  • 16.1% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 3.5% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)
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Nearby Cities

Name Median ZHVI
Town of Hanover $399,300
Springfield $220,700
Grantham $195,600
Name Median ZHVI
Town of Enfield $185,000
Lebanon $183,600
Orford $165,600
Name Median ZHVI
Danbury $156,400
Alexandria $154,000
Grafton $133,500

Listings & Sales

  • No data
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Canaan Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,374 Lebanon Metro
    $1,367 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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