$4,026 Closing Credit*
$339,000
1,092 SqFt
3 Beds
•1 Full Bath
Andrew Gates, Listing Office: Houlihan Lawrence
Is North Canaan, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, North Canaan was a Seller's Market.
Key Takeaway
North Canaan is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in North Canaan, CT
How much do homes in North Canaan, CT cost?
Median Sold Price
$255,900
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,900(+4.4%)
Key Takeaway
Homes in North Canaan have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in North Canaan was $255,900 in November 2024, up 4.4% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $199K | - | N/A |
| 2 Bedrooms | $186.2K | $250.7K | +34.6% |
| 3 Bedrooms | $280K | $269.5K | -3.8% |
| 4 Bedrooms | $220K | $276.2K | +25.6% |
| 5+ Bedrooms | $647.4K | - | N/A |
Summary: North Canaan housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 34.6%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 25.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| North Canaan | $245K | $255.9K | +4.4% |
| Salisbury | $896K | $925K | +3.2% |
Housing Supply in North Canaan, CT
How many homes are available in North Canaan, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 16 | +23.1% |
Summary: The North Canaan real estate market had 16 homes for sale in November 2024, a 23.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The North Canaan housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in North Canaan, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in North Canaan in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for North Canaan, CT
We’re sorry, we don't have information for this market at the moment
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