Call or Text (240) SELL-123

CANAAN, CT 06018

Real Estate Market Report  ·  Northwest Hills Planning Region County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The CANAAN, CT real estate market (06018) currently shows 8 active listings, with 5 pending sales. Homes are averaging 31 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are selling faster, averaging 31 days on market compared to 61 days last year.

The median listing price has fallen 12.4% year-over-year, from $422,450 to $369,900.

Whether you are buying or selling in CANAAN, CT, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for CANAAN, CT 06018 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 2,678  ·  Density: 78.0/mi²  ·  Median household income: $49,794

Typical home value: $228,773  ·  Homeownership: 51.2%

Market Overview

Active Listings
8
⇧ 14.3% vs 7 last year
Pending
5
63% pending ratio
Median Price
$369,900
⇩ 12.4% vs $422,450 last year
Average Price
$474,525
⇧ 13.5% vs $418,200 last year
Days on Market
31
⇩ 49.2% vs 61 days last year

Price Per Square Foot

Median $/sqft
$216
⇧ 34.2% vs $161/sqft last year
Median Home Size
2,127 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 8 this year vs 7 last year
  • Days on market: 31 now vs 61 last year

Median & Average Pricing

Year over Year
  • Median: $369,900 (-12.4% YoY)
  • Average: $474,525 (+13.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 15.6 miles — 155 listings ($324,867,388 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
06018Canaan, CT 060180.0 mi9$3,703,167$397,200$411,463
01222Ashley Falls, MA 012222.6 mi1$365,000$365,000$365,000
06031Falls Village, CT 060315.0 mi12$13,550,400$987,500$1,129,200
06068Salisbury, CT 060686.4 mi9$12,945,726$799,000$1,438,414
06039Lakeville, CT 060399.3 mi16$33,641,200$1,210,000$2,102,575
01255Sandisfield, MA 0125510.5 mi5$9,418,750$1,086,250$1,883,750
01230Great Barrington, MA 0123010.8 mi59$86,493,056$854,000$1,465,984
01245Monterey, MA 0124511.9 mi4$6,626,668$795,000$1,656,667
12546Millerton, NY 1254612.8 mi11$21,863,193$486,625$1,987,563
12517Copake Falls, NY 1251713.1 mi2$970,000$485,000$485,000
06069Sharon, CT 0606914.2 mi16$36,495,728$1,433,750$2,280,983
12503Ancramdale, NY 1250314.6 mi5$94,674,000$600,000$18,934,800
01253Otis, MA 0125315.6 mi6$4,120,500$559,000$686,750

Frequently Asked Questions

How many homes are for sale in CANAAN, CT 06018?

As of March 2026, there are 8 active listings in CANAAN, CT (zip code 06018), compared to 7 the prior year.

What is the median home price in CANAAN, CT 06018?

The median listing price in CANAAN, CT 06018 is $369,900 as of March 2026, a 12.4% decrease from $422,450 the prior year.

How long do homes stay on the market in CANAAN, CT?

Homes in CANAAN, CT 06018 spend an average of 31 days on the market before going under contract, compared to 61 days the prior year.

Is it a seller's or buyer's market in CANAAN, CT 06018?

Based on current inventory and days-on-market data as of March 2026, CANAAN, CT 06018 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 31 days on market compared to 61 days last year.

How much can I save on real estate commission in CANAAN, CT?

With SELL123.com's maximum 3% commission, sellers in CANAAN, CT 06018 save an estimated $7,398 compared to a typical 5% commission on the median listing price of $369,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.