$3,918 Closing Credit*
$329,900
2,686 SqFt
4 Beds
•3 Full Baths, 1 Partial
Jonathan Gineo, Listing Office: Silver and Oak Realty
Is North Canaan, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, North Canaan was a Seller's Market.
Key Takeaway
North Canaan is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in North Canaan, CT
How much do homes in North Canaan, CT cost?
Median Sold Price
$250,700
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$700(+0.3%)
Key Takeaway
The sold price of homes in North Canaan has remained the same since last year.
Summary: The median home sold price in North Canaan was $250,700 in October 2024, up 0.3% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $199K | - | N/A |
| 2 Bedrooms | $220K | $245.5K | +11.6% |
| 3 Bedrooms | $290K | $257.2K | -11.3% |
| 4 Bedrooms | $190K | $300K | +57.9% |
| 5+ Bedrooms | $647.4K | - | N/A |
Summary: North Canaan housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.6%, 3 bedroom homes decreased by 11.3%, 4 bedroom homes increased by 57.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| North Canaan | $250K | $250.7K | 0.3% |
| Salisbury | $926K | $865K | -6.6% |
Housing Supply in North Canaan, CT
How many homes are available in North Canaan, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 13 | +30.0% |
Summary: The North Canaan real estate market had 13 homes for sale in October 2024, a 30.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 3 | 5 | +66.7% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The North Canaan housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Canaan, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in North Canaan in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% 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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