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Featured local agent — Canaan, IN

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Canaan, IN

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Canaan, IN(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Canaan, IN Housing Market & Real Estate

Balanced market

Housing market overview · Updated monthly ·

$160,000median sale price

How is the Canaan, IN housing market right now?

The median home sale price in Canaan, IN is $160,000. Homes sell in an average of 4409 days. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of November 2023 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Canaan a buyer's or seller's market?

Balanced market4409 avg. days on market

Canaan, IN is currently a balanced market and homes selling in about 4409 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

4409

Average pace

Active listings

Sale-to-list

160.2%

Above asking

What does the Canaan housing market data show?

Current housing market statistics for Canaan, IN
MetricValue
Median sale price$160,000
Average days on market4409 days
Sale-to-list price ratio160.2%
Median price per sq ft$114/sq ft
Homes sold (latest month)1
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Canaan by property type?

How the Canaan, IN market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Canaan, IN
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$160,000$114/sq ft14409 days

Source: Redfin · Updated monthly

The Canaan housing market is currently classified as a balanced market with a median sale price of $160,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 4409 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Homes for sale in Canaan

Explore homes currently listed for sale in Canaan, Indiana across major real estate platforms.

Sale-to-list:160.2%

Who lives in Canaan?

Population

205

Median age

49 years

Owner-occupied

100.0%

Source: U.S. Census Bureau ACS

What is it like to live in Canaan?

Canaan is a community of approximately 0K residents with a median age of 49 years.0

Homeownership rates are at 100.0%, reflecting strong community stability and long-term resident commitment.Overall, Canaan offers a distinctive character that appeals to different lifestyle preferences.

Which public schools serve Canaan?

1 schools tracked · 202 students

The largest public schools serving Canaan, IN 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.

Canaan Community Academy

Grades K-8 · 202 students

Charter

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Canaan, IN?

Want a head-to-head view? Compare Canaan side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Canaan?

The median home sale price in Canaan is $160,000, down 0.0% from last year.

How long do homes stay on market in Canaan?

Homes typically spend 4409 days on market before going under contract.

How much does a single-family home cost in Canaan?

The median single-family home price in Canaan, IN is $160,000 (about $114 per square foot).

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