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CANAAN, NY 12029

Real Estate Market Report
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
19
⇧ 90% vs 10 last year
Pending
4
21% pending ratio
Median Price
$695,000
⇩ 29.9% vs $991,500 last year
Average Price
$1,613,513
⇧ 51.3% vs $1,066,167 last year
Days on Market
118
⇩ 3.3% vs 122 days last year

Market Context

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

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

Market Analysis

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

The CANAAN, NY real estate market (12029) currently shows 19 active listings, with 4 pending sales. Homes are averaging 118 days on the market before going under contract.

Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.

Homes are selling faster, averaging 118 days on market compared to 122 days last year.

The median listing price has fallen 29.9% year-over-year, from $991,500 to $695,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 19 this year vs 10 last year
  • Days on market: 118 now vs 122 last year

Median & Average Pricing

Year over Year
  • Median: $695,000 (-29.9% YoY)
  • Average: $1,613,513 (+51.3% 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 14.4 miles — 227 listings ($209,513,772 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
12029Canaan, NY 120290.0 mi19$30,656,747$695,000$1,613,513
12060East Chatham, NY 120603.5 mi7$9,256,219$695,000$1,322,317
12017Austerlitz, NY 120176.4 mi9$20,019,861$1,528,000$2,224,429
12136Old Chatham, NY 121367.2 mi9$30,188,250$3,100,000$3,354,250
01201Pittsfield, MA 012018.2 mi97$43,541,069$349,900$448,877
01240Lenox, MA 012408.4 mi19$28,528,139$637,450$1,501,481
12062East Nassau, NY 120629.5 mi4$1,396,000$349,000$349,000
12115Malden Bridge, NY 121159.7 mi2$1,248,000$624,000$624,000
12168Stephentown, NY 1216811.2 mi9$3,641,310$349,900$404,590
12130Niverville, NY 1213012.2 mi3$837,000$279,000$279,000
12123Nassau, NY 1212312.4 mi10$2,695,280$277,000$269,528
12075Ghent, NY 1207513.1 mi14$8,905,022$599,900$636,073
12529Hillsdale, NY 1252914.4 mi25$28,600,875$997,500$1,144,035

Frequently Asked Questions

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

As of January 2026, there are 19 active listings in CANAAN, NY (zip code 12029), compared to 10 the prior year.

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

The median listing price in CANAAN, NY 12029 is $695,000 as of January 2026, a 29.9% decrease from $991,500 the prior year.

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

Homes in CANAAN, NY 12029 spend an average of 118 days on the market before going under contract, compared to 122 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 January 2026, CANAAN, NY 12029 is currently a Balanced Market. Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice. Homes are selling faster, averaging 118 days on market compared to 122 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 $13,900 compared to a typical 5% commission on the median listing price of $695,000. 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.