All Countries
Canaan, CT
Full City Profile · Connecticut · Columbia County County
2.3
/5.0
C
Fair
1,297
Population
741/sq mi density
$31,986
Median Income
$29,698 per capita
$170,700
Home Value
$375,610 Zillow
$1,321
Median Rent
41.3% income on rent
46°F
Avg Temperature
246 sunny days/yr
124
Violent Crime/100K
1,775 property/100K
C
Overall
2.3 / 5.0
Fair overall score based on economy, affordability, safety and education
D
Economy
1.7 / 5.0
$31,986 median income, 7.2% unemployment
B+
Affordability
3.7 / 5.0
$170,700 home value, $1,321/mo rent
F
Safety
1.0 / 5.0
124 violent crimes/100K
C+
Education
2.8 / 5.0
23.0% bachelor's degree or higher
Housing Overview
Median Home Value
$170,700
39% below
US avg: $281,900
Median Rent
$1,321/mo
14% above
US avg: $1,163/mo
Homeownership Rate
60.6%
7% below US avg (65.4%)
Total Housing Units
623
Median year built: 1957
Home Value by Source
Census Median
$170,700
Zillow (ZHVI)
$375,610
Median Sale Price
$280,000
Median List Price
$795,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
60.6%
Owner-Occupied
39.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,351/mo
1 Bedroom
$1,590/mo
2 Bedroom
$1,955/mo
3 Bedroom
$2,415/mo
4 Bedroom
$2,824/mo
Census median rent:
$1,321/mo
Market Indicators (Redfin)
Median Days on Market
95 days
Sale-to-List Ratio
0.8%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$126
Active Inventory
3
homes for sale
Affordability & Housing Stock
Rent Burden
41.3%
of renters spending 30%+ of income on housing
33% above US avg (31.0%)
Median Year Built
1957
Average age of housing stock: 69 years
Homeownership Rate
60.6%
Complete Housing Data
Home Values
| Census Median Value | $170,700 |
| Zillow Home Value (ZHVI) | $375,610 |
| Median Sale Price | $280,000 |
| Median List Price | $795,000 |
| Price Per Sq Ft | $126 |
Rent
| Census Median Rent | $1,321 |
| FMR Studio | $1,351 |
| FMR 1-Bedroom | $1,590 |
| FMR 2-Bedroom | $1,955 |
| FMR 3-Bedroom | $2,415 |
| FMR 4-Bedroom | $2,824 |
Market
| Days on Market | 95 |
| Sale-to-List Ratio | 0.8% |
| Price Drops | 0.0% |
| Homes Sold | 1 |
| Active Inventory | 3 |
| Price Per Sq Ft | $126 |
Ownership & Stock
| Owner-Occupied | 60.6% |
| Renter-Occupied | 39.4% |
| Homeownership Rate | 60.6% |
| Total Housing Units | 623 |
| Median Year Built | 1957 |
| Rent Burden | 41.3% |