Photo: ajay_suresh · CC BY 2.0103 homes sold in New Canaan in the last year, at a typical $1.7M
Houses and condos split the market almost evenly. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where New Canaan homes are listed.
Every place New Canaan homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to New Canaan.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Two thirds of New Canaan’s sales are condos, at $1M less than a house
32 houses and 61 condos sold in the year to May 2026. Condos sell faster and draw more bidding wars.
typical sale · 32 sold in the year to May 2026
- Per square foot
- $678CT $273
- Days to sell
- 46
- Sold over asking
- 44%
- Listings with a price cut
- 24%
typical sale · 61 sold in the year to May 2026
- Per square foot
- $621CT $256
- Days to sell
- 30
- Sold over asking
- 64%
- Listings with a price cut
- 13%
Multi-family (2–4 units): 3 sold, typical $1.5M
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 1.6 times the 2016 price
103 sales in the last year, against 150 in 2021 and a low of 82 in 2016. The typical sale went from $1M in 2016 to $1.7M.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $1.7M buys in New Canaan
Check a listing against what New Canaan homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in New Canaan are more common than before the pandemic, but 71% fewer homes come up for sale
We read every month of New Canaan’s home sales since 2015 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 103 sales.
If you’re buying in New Canaan
- Shop in May. It brings about 19 new listings a month, close to the busiest month, with fewer bidding wars (30% over asking).
- Expect to bid over asking. Buyers paid 105.7% of the list price on average; 64% paid over.
- You’ll usually have time. Only 44% of homes go under contract within two weeks; the typical one takes 26 days.
Spring brings the homes; summer brings the bidding wars
May has the most new listings (about 19 a month), but June is the most competitive: 34% of June sales close over asking. February has the least competition (14%) but only about 12 new listings.
Averages for each calendar month, 2015 on.
Hotter than in 2021, and hotter than Connecticut
| New Canaan now | 2017–19 | 2021 peak | CT now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 64% | 5% | 27% | 53% |
| Gone within two weeksShare of homes under contract within 14 days | 44% | 4% | 26% | 46% |
| Price paid vs. askingAverage sale price ÷ list price | 105.7% | 95.4% | 99.1% | 101.9% |
| Days to sellMedian days from listing to contract | 26 | 136 | 78 | 41 |
22 homes for sale on a typical day
That’s 1.4 times the 2024 low (16), 71% fewer than in 2017–19 and well under 2019’s 79.
Since 2019, houses are up 94%, condos 88%
A house typically sold for $2.4M in the year to May 2026 (32 sales), a condo for $1.3M (61).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
New Canaan ranks 20th of 78 busy Connecticut markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. New Canaan is in the middle of the pack.
Source: Redfin Data Center, city figures, January 2015 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Five things worth knowing
New listings in May
The month with the most choice. November has the fewest, about 5.
Best time to buySchools
The schools grade for New Canaan, from test results, graduation and how much students grow.
Schools in New CanaanTypical commute
The average one-way trip to work for people who live in New Canaan.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Wilton Center, Pound Ridge, Stamford, Norwalk and Old Hill sell for less a square foot
The busier markets within 25 miles of New Canaan, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Stamford | 1,158 | $722K | $391 | 60% | 35 |
| Norwalk | 873 | $702K | $404 | 59% | 34 |
| Wilton Center | 177 | $1.4M | $436 | 72% | 28 |
| New Canaan | 103 | $1.7M | $678 | 64% | 26 |
| Pound Ridge | 62 | $1.8M | $472 | 47% | 38 |
| Noroton Heights | 37 | $1.7M | $800 | 89% | 13 |
| Old Hill | 31 | $2.1M | $599 | 48% | 58 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to New Canaan, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to New Canaan. People who follow the town see it, and so do people comparing New Canaan with their own town. No commission, no listing fee.
Questions about buying a home in New Canaan
What do homes sell for in New Canaan, CT?
103 homes sold in the year to September 2026 at a typical $1.7M, $678 a square foot. Houses sold for about $2.4M, condos for about $1.3M in the year to May 2026.
Is New Canaan a buyer’s or seller’s market?
A seller’s market: 31 homes were for sale in September 2026 and 15 sold, about 2.1 months of supply. Buyers paid 105.7% of asking on average.
When is the best time to buy in New Canaan?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
Where can I see homes for sale in New Canaan?
Zillow, Redfin, Realtor.com and Homes.com all carry New Canaan’s MLS listings; the search links above open each one filtered to New Canaan.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).