New Canaan, CT Home Values & Market Trends
Real estate market trends reflect that there have been 309 transactions over the past year in New Canaan. The median value for residential home transactions that occurred over the previous year is $2,700,557. The number of current listings in New Canaan is 312, and the percentage of properties for sale in the city is 312.00%. New Canaan, CT currently has 2 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 312 properties for sale.
New Canaan, CT Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 06840 | $ 2,700,557 $ 698/sqft |
Housing Market Summary for New Canaan, CT
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $2.3M | $2.5M | 12.11% |
| Median Sold Price | $1.8M | $2M | 8.13% |
| Homes For Sale | 253 | 307 | 21.34% |
| Homes Sold | 72 | 56 | -22.22% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in New Canaan, CT
Browse Homes in New Canaan, CT
New Canaan home values range from $427,169 to $27,084,903. The median estimated value of a home in New Canaan is $2,700,557. The median list price of a home is 2,495,000, and the total count of properties in the city is 373.
- Pre-ForeclosurePre-foreclosure homes account for 0.27% of all residential properties in New Canaan, CT with 06840 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within New Canaan, CT; of that zips, the estimated home value for pre-foreclosure homes ranges from $2,178,096 in 06840 to the lowest home value of $2,178,096 in 06840.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in New Canaan, CT ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in New Canaan, CT. There is 1 zips within New Canaan, CT; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions06840 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of New Canaan, CT. Auction homes and other auction properties account for 0.27% of all properties in New Canaan, CT. There is 1 zips within New Canaan, CT; of that zips, the median estimated home value for homes going to auction ranges from $0 in 06840 to the lowest value of $0 in 06840.
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Guide for New Canaan, CT
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
