New Canaan, CT Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in New Canaan, CT is $1.51M, up 25.6% year-over-year. Homes sell in an average of 20 days with 16 active listings. The market is currently a strong seller's market.
$1.51Mmedian sale price
Is New Canaan a buyer's or seller's market?
New Canaan, CT is currently a strong seller's market, based on 2.7 months of supply and homes selling in about 20 days. How we determine this →
Homes sold
6
Last 12 weeks
Days on market
20
Fast-moving
Active listings
16
2.7 months supply
Sale-to-list
111.3%
Above asking
New Canaan, CT market data
| Metric | Value |
|---|---|
| Median sale price | $1.51M |
| Median list price | $1.70M |
| Year-over-year price change | +25.6% |
| Average days on market | 20 days |
| Active inventory | 16 listings |
| Months of supply | 2.7 months |
| Sale-to-list price ratio | 111.3% |
| Market condition | Strong seller's market |
Source: Redfin · Updated weekly
The New Canaan housing market is currently classified as a strong seller's market with a median sale price of $1.51M. Prices have risen 25.6% compared to last year, with homes spending an average of 20 days on market, indicating 2.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in New Canaan
There are currently 16 homes listed for sale in New Canaan, Connecticut. The median listing price is $1.7M.
Active listings
16
Homes on market
Median list price
$1.7M
Avg. days on market
20
Days until sale
New this week
9
Newly listed
Top public schools in New Canaan
5 schools tracked · 4,094 students
The largest public schools serving New Canaan, CT by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Saxe Middle School
Grades 5-8 · 1,261 students
New Canaan High School
Grades 8-12 · 1,257 students
East School
Grades K-4 · 570 students
South School
Grades K-4 · 507 students
West School
Grades PK-4 · 499 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
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Frequently asked questions
What is the average home price in New Canaan?
The median home sale price in New Canaan is $1.51M, up 25.6% from last year.
How long do homes stay on market in New Canaan?
Homes typically spend 20 days on market before going under contract.
Is New Canaan a buyer's or seller's market?
With 2.7 months of supply, New Canaan is currently a strong seller's market.
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