Canaan, NY
Housing market overview · Updated weekly
$705,000median sale price
Homes sold
2
Last 12 weeks
Days on market
55
Average pace
Active listings
12
6.0 months supply
Sale-to-list
99.3%
Below asking
The Canaan housing market is currently classified as a buyer's market with a median sale price of $705,000. Prices have fallen 8.7% compared to last year, with homes spending an average of 55 days on market, indicating 6.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Canaan
There are currently 12 homes listed for sale in Canaan, New York.
Active listings
12
Homes on market
Avg. days on market
55
Days until sale
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Frequently asked questions
What is the average home price in Canaan?
The median home sale price in Canaan is $705,000, down 8.7% from last year.
How long do homes stay on market in Canaan?
Homes typically spend 55 days on market before going under contract.
Is Canaan a buyer's or seller's market?
With 6.0 months of supply, Canaan is currently a buyer's market.
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