
Canaan, CT Housing Market
$393,319
3.1% 1-yrThe average Canaan, CT home value is $393,319, up 3.1% over the past year. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Canaan Key Takeaways
Typical Home Values: $393,319
1-Year Value Change: +3.1%
(Data through August 31, 2026)
Canaan Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Canaan
- NameMedian ZHVI
- North Canaan$375,569
- Lakeville$963,044
- Drakeville$414,240
- Burrville$328,061
- Riverton--
- Torringford$318,525
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Canaan Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Canaan, CT?
The median home value in Canaan, CT is $393,319 as of August 2026. This represents a 0.3% increase compared to last month and a 3.1% increase year-over-year.
How have home values changed in Canaan, CT?
Home values in Canaan, CT have increased by 0.3% month-over-month and 3.1% year-over-year.
How do home values in Canaan, CT compare to Litchfield County, Connecticut, and the national average?
The median home value in Canaan, CT ($393,319) compares to: Litchfield County ($428,304), Connecticut ($450,873), and the U.S. national median ($368,697).