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Market Intelligence · CT / Western Connecticut Planning Region

New Canaan, CT home prices and housing market

1 ZIP market liveData updated September 2026Typical value$2.24M1-yr changeUp13.5%

The typical home value in New Canaan, CT is $2.24M as of September 2026, up 13.5% from a year ago, based on the Zillow Home Value Index. In the typical New Canaan ZIP code, the median list price is $2.72M and homes spend a median of 45 days on market as of September 2026 (Realtor.com).

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The coverage

New Canaan, by the numbers.

Typical home valueZillow ZHVI, September 2026
$2.24M
1-yr changeMedian across New Canaan ZIPs
+13.5%
ZIP markets live
1
County
Western Connecticut Planning Region

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12-month value trend

+13.5% over 12 months

Typical home value in New Canaan over the last 12 months: $1.97M in Sep 2025 to $2.24M in Sep 2026 (+13.5%).

Sep 2025$1.97M

Sep 2026$2.24M

Median Zillow home value index across New Canaan's ZIP codes.

Context

New Canaan's housing market shows steady appreciation, with typical home values reaching $2,236,521, up 13.5% over the past year as of September 2026. The median list price sits at $2,722,500, with 67 homes currently on the market and 30 new listings added recently. Homes typically spend 45 days on the market, and only 6.5% of listings have seen a price cut, suggesting relatively firm pricing overall. For homeowners weighing a sale, the market remains active and prices have climbed, but inventory levels and days-on-market suggest it's a measured environment rather than a rush.

The numbers

What is the housing market like in New Canaan, CT?

Typical home value

$2.24M

Up13.5%YoY

Median list price

$2.72M

Days on market

45

Homes for sale

67

Price cuts

6.5%

New listings

30

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect New Canaan's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

New Canaan, CT home prices over time

Typical home values in New Canaan, CT are up 13.5% over the past year, from $1.97M in September 2025 to $2.24M in September 2026.

Typical home value in New Canaan, CT, September of each year
MonthTypical value1-yr change
September 2026$2,236,521+13.5%
September 2025$1,970,422No prior year

Typical value is the median Zillow Home Value Index across New Canaan ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is New Canaan, CT a buyer's or seller's market?

New Canaan, CT leans toward a seller's market.

Relatively few listings have cut their asking price, which usually gives sellers the stronger position.

Based on a median of 45 days on market and 6% of listings with a price cut in the typical New Canaan ZIP code, and 30 new listings against 67 active listings across New Canaan, as of September 2026 (Realtor.com).

The outlook

New Canaan housing market forecast 2027

+2.7%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 1 New Canaan ZIP code, points to typical home values rising 2.7% by September 2027.

Over the 12 months through September 2026, typical home values in New Canaan rose 13.5%, per the Zillow Home Value Index.

Will home prices drop in New Canaan?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for New Canaan shows typical home values rising 2.7% by September 2027, after a 13.5% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 1 New Canaan ZIP code has both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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Live markets

What ZIP codes are live in New Canaan?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier.

Zillow ZHVI, September 2026

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Common questions

Questions about New Canaan, CT home prices.

What is a typical home worth in New Canaan?

As of September 2026, the typical home value in New Canaan is $2,236,521, reflecting a 13.5% increase over the past year.

How long do homes typically stay on the market?

Median days on market in New Canaan is 45 days as of September 2026.

How many homes are currently for sale?

There are 67 homes for sale in New Canaan as of September 2026, with 30 new listings added recently.

Are home prices going up or down in New Canaan, CT?

Typical home values in New Canaan, CT are up 13.5% over the past year, based on the Zillow Home Value Index as of September 2026.

Is New Canaan, CT a buyer's or seller's market?

New Canaan, CT leans toward a seller's market. Relatively few listings have cut their asking price, which usually gives sellers the stronger position. Based on a median of 45 days on market and 6% of listings with a price cut in the typical New Canaan ZIP code, and 30 new listings against 67 active listings across New Canaan, as of September 2026 (Realtor.com).

Nearby markets

More Connecticut housing markets.

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