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CANAAN, NY 12029

Real Estate Market Report
Buyer's Market
June 2026  ·  Source: Realtor.com

Market Analysis

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

The CANAAN, NY real estate market (12029) currently shows 23 active listings, with 6 pending sales. Homes are averaging 166 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 166 days on market compared to 38 days last year.

The median listing price has fallen 34.5% year-over-year, from $804,250 to $526,750.

Whether you are buying or selling in CANAAN, NY, 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.

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Market Context

Market Context

Population: 991  ·  Density: 18.4/mi²  ·  Median household income: $95,625

Typical home value: $343,647  ·  Homeownership: 85.3%

Market Overview

Active Listings
23
⇧ 9.5% vs 21 last year
Pending
6
26% pending ratio
Median Price
$526,750
⇩ 34.5% vs $804,250 last year
Average Price
$1,192,707
⇧ 17.1% vs $1,018,659 last year
Days on Market
166
⇧ 336.8% vs 38 days last year

Price Per Square Foot

Median $/sqft
$338
⇧ 2.4% vs $330/sqft last year
Median Home Size
1,621 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 23 this year vs 21 last year
  • Days on market: 166 now vs 38 last year

Median & Average Pricing

Year over Year
  • Median: $526,750 (-34.5% YoY)
  • Average: $1,192,707 (+17.1% 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 13.5 miles — 217 listings ($208,221,856 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
12029Canaan, NY 120290.0 mi22$33,688,358$695,000$1,531,289
12060East Chatham, NY 120603.5 mi5$10,137,440$1,846,250$2,027,488
12017Austerlitz, NY 120176.4 mi10$22,821,520$1,882,000$2,282,152
12136Old Chatham, NY 121367.2 mi10$38,972,920$3,496,250$3,897,292
01201Pittsfield, MA 012018.2 mi106$52,327,960$349,000$493,660
01240Lenox, MA 012408.4 mi22$29,503,716$535,000$1,341,078
12062East Nassau, NY 120629.5 mi5$2,160,000$432,000$432,000
12115Malden Bridge, NY 121159.7 mi2$1,248,000$624,000$624,000
12168Stephentown, NY 1216811.2 mi8$3,357,520$372,225$419,690
12130Niverville, NY 1213012.2 mi2$575,950$287,975$287,975
12123Nassau, NY 1212312.4 mi9$2,028,600$219,749$225,400
12075Ghent, NY 1207513.1 mi16$11,399,872$617,175$712,492
01224Berkshire, MA 0122413.5 mi0$0$279,900$279,900

Frequently Asked Questions

How many homes are for sale in CANAAN, NY 12029?

As of June 2026, there are 23 active listings in CANAAN, NY (zip code 12029), compared to 21 the prior year.

What is the median home price in CANAAN, NY 12029?

The median listing price in CANAAN, NY 12029 is $526,750 as of June 2026, a 34.5% decrease from $804,250 the prior year.

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

Homes in CANAAN, NY 12029 spend an average of 166 days on the market before going under contract, compared to 38 days the prior year.

Is it a seller's or buyer's market in CANAAN, NY 12029?

Based on current inventory and days-on-market data as of June 2026, CANAAN, NY 12029 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 166 days on market compared to 38 days last year.

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

With SELL123.com's maximum 3% commission, sellers in CANAAN, NY 12029 save an estimated $10,535 compared to a typical 5% commission on the median listing price of $526,750. 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.