Call or Text (240) SELL-123

NEW CANAAN, CT 06840

Real Estate Market Report  ·  Western Connecticut Planning Region County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
59
⇩ 21.3% vs 75 last year
Pending
22
37% pending ratio
Median Price
$3,095,000
⇧ 4.9% vs $2,950,000 last year
Average Price
$4,057,562
⇧ 4.2% vs $3,893,349 last year
Days on Market
83
⇩ 12.6% vs 95 days last year

Market Context

Population: 20,709  ·  Density: 360.4/mi²  ·  Median household income: $250,001

Typical home value: $1,410,030  ·  Homeownership: 85.0%

Market Analysis

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

The NEW CANAAN, CT real estate market (06840) currently shows 59 active listings, with 22 pending sales. Homes are averaging 83 days on the market before going under contract.

Inventory has tightened compared to last year, with 16 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 83 days on market compared to 95 days last year.

The median listing price has risen 4.9% year-over-year, from $2,950,000 to $3,095,000.

Whether you are buying or selling in NEW 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 NEW CANAAN, CT 06840 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 59 this year vs 75 last year
  • Days on market: 83 now vs 95 last year

Median & Average Pricing

Year over Year
  • Median: $3,095,000 (+4.9% YoY)
  • Average: $4,057,562 (+4.2% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 9.8 miles — 291 listings ($902,940,862 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
06840New Canaan, CT 068400.0 mi59$239,396,158$3,095,000$4,057,562
06907Stamford, CT 069074.1 mi11$6,340,895$524,000$576,445
06897Wilton, CT 068974.5 mi30$50,170,830$1,599,000$1,672,361
10576Pound Ridge, NY 105765.3 mi10$26,150,000$2,350,000$2,615,000
06820Darien, CT 068205.6 mi20$96,067,280$3,195,000$4,803,364
06906Stamford, CT 069066.1 mi12$7,343,736$640,000$611,978
06853Norwalk, CT 068537.0 mi6$11,691,000$1,847,000$1,948,500
10506Bedford, NY 105067.3 mi14$44,805,390$2,295,000$3,200,385
06901Stamford, CT 069017.6 mi12$4,911,000$395,000$409,250
06880Westport, CT 068808.0 mi93$358,866,261$3,450,000$3,858,777
06807Cos Cob, CT 068078.3 mi11$18,434,625$1,879,000$1,675,875
06870Old Greenwich, CT 068709.7 mi4$8,234,400$1,849,000$2,058,600
06878Riverside, CT 068789.8 mi9$30,529,287$3,497,000$3,392,143

Frequently Asked Questions

How many homes are for sale in NEW CANAAN, CT 06840?

As of January 2026, there are 59 active listings in NEW CANAAN, CT (zip code 06840), compared to 75 the prior year.

What is the median home price in NEW CANAAN, CT 06840?

The median listing price in NEW CANAAN, CT 06840 is $3,095,000 as of January 2026, a 4.9% increase from $2,950,000 the prior year.

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

Homes in NEW CANAAN, CT 06840 spend an average of 83 days on the market before going under contract, compared to 95 days the prior year.

Is it a seller's or buyer's market in NEW CANAAN, CT 06840?

Based on current inventory and days-on-market data as of January 2026, NEW CANAAN, CT 06840 is currently a Seller's Market. Inventory has tightened compared to last year, with 16 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 83 days on market compared to 95 days last year.

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

With SELL123.com's maximum 3% commission, sellers in NEW CANAAN, CT 06840 save an estimated $61,900 compared to a typical 5% commission on the median listing price of $3,095,000. 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.