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North Canaan, ConnecticutPhoto: Quintin Soloviev · CC BY 4.0
Housing in North Canaan

27 homes sold in North Canaan in the last year, at a typical $359K

Redfin reports North Canaan’s sales by ZIP code, so these figures are for ZIP 06018, which takes in North Canaan and the area around it. Almost every sale is a house. 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 North Canaan homes are listed.

Homes for sale in North CanaanZillowRealtor.comMore places to look ↓
Homes sold
27
ZIP 06018 · June 2025 to May 2026
Typical sale price
$359K
median, weighted by sales
Price per square foot
$213
Connecticut $263
Paid vs. asking
97.8%
26% sold over asking
For sale now
4
May 2026 · 2 sold that month
What sold · last 12 months · ZIP 06018

Houses are 96% of North Canaan’s sales, at a typical $366K

27 homes sold in the year to May 2026.

Houses$366K

typical sale · 26 sold in 12 months

Per square foot
$216CT $273
Days to sell
58
Sold over asking
27%
14 years of sales

About as many homes sell as usual, at 2.7 times the 2016 price

27 sales in the last year, against 41 in 2021 and a low of 11 in 2024. The typical sale went from $135K in 2016 to $359K.

Homes soldTypical sale price
012253750$175K$250K$325K$400K2012: 15 sold, typical $153K’122013: 23 sold, typical $143K2014: 35 sold, typical $145K’142015: 21 sold, typical $131K2016: 31 sold, typical $135K’162017: 33 sold, typical $149K2018: 35 sold, typical $170K’182019: 37 sold, typical $146K2020: 33 sold, typical $185K’202021: 41 sold, typical $254K2022: 34 sold, typical $265K’222023: 22 sold, typical $262K2024: 11 sold, typical $281K’242025: 24 sold, typical $340KLast 12 months: 27 sold, typical $359KNow

Source: Redfin Data Center, MLS sales; for ZIP 06018, which takes in North Canaan and the area around it (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.

What your budget buys

What $350K buys in North Canaan

Houseat $216 a sq ft
The same money in Connecticutat $273 a sq ft

Is this asking price fair?

Check a listing against what North 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.

What the sales history says · 14 years of sales

Bidding wars in North Canaan are more common than before the pandemic, but two thirds fewer homes come up for sale

We read every month of home sales in ZIP 06018 since 2012 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 May 2026, 27 sales.

If you’re buying in North Canaan

  • Shop in October. It brings about 3 new listings a month, close to the busiest month, with fewer bidding wars (11% over asking).
  • Offer under asking. Buyers paid 97.8% of the list price on average; 26% paid over.
  • You’ll usually have time. Only 32% of homes go under contract within two weeks; the typical one takes 62 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

July has the most new listings (about 4 a month), and the most competition: 19% close over asking. September and October offer nearly as much choice with fewer homes bid up (15%). February has the least competition (9%) but only about 2 new listings.

New listings a monthShare sold over asking
01.32.53.857%13%20%Sweet spotJan: 2 new listings a month, 13% sold over asking, 129 days to sellJFeb: 2 new listings a month, 9% sold over asking, 203 days to sellFMar: 3 new listings a month, 11% sold over asking, 189 days to sellMApr: 3 new listings a month, 9% sold over asking, 186 days to sellAMay: 4 new listings a month, 14% sold over asking, 146 days to sellMJun: 4 new listings a month, 14% sold over asking, 168 days to sellJJul: 4 new listings a month, 19% sold over asking, 156 days to sellJAug: 4 new listings a month, 15% sold over asking, 113 days to sellASep: 4 new listings a month, 15% sold over asking, 95 days to sellSOct: 3 new listings a month, 11% sold over asking, 91 days to sellONov: 3 new listings a month, 16% sold over asking, 111 days to sellNDec: 2 new listings a month, 15% sold over asking, 117 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Hotter than in 2021, and calmer than Connecticut

North Canaan now2017–192021 peakCT now
Sold over askingShare of sales that closed above the list price26%9%16%56%
Gone within two weeksShare of homes under contract within 14 days32%7%34%47%
Listings with a price cutShare of homes for sale that cut their price———18%
Price paid vs. askingAverage sale price ÷ list price97.8%92.2%94.5%102.2%
Days to sellMedian days from listing to contract6218112139
Supply

6 homes for sale on a typical day

That’s 1.3 times the 2024 low (5), 70% fewer than in 2017–19 and well under 2014’s 36.

2012: 28 for sale’122013: 36 for sale2014: 36 for sale2015: 35 for sale’152016: 28 for sale2017: 26 for sale2018: 20 for sale’182019: 19 for sale2020: 17 for sale2021: 13 for sale’212022: 11 for sale2023: 7 for sale2024: 5 for sale’242025: 6 for saleLast 12 months: 6 for saleNow

Source: Redfin Data Center, ZIP code tracker; for ZIP 06018, which takes in North Canaan and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical North Canaan home costs about $2,309 a month

Mortgage
Property tax
Insurance
Rent

Price: North Canaan’s typical sale, last 12 months. Property tax at North Canaan’s 1.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether North Canaan is affordable on local pay is on Cost of living.

Before you buy in North Canaan

Six things worth knowing

4

New listings in July

The month with the most choice. January has the fewest, about 2.

Best time to buy
1.5%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $359K home, about $5,230 a year.

Taxes vs. neighbors
B−

Schools

The schools grade for North Canaan, from test results, graduation and how much students grow.

Schools in North Canaan
22 min

Typical commute

The average one-way trip to work for people who live in North Canaan.

Work & commute
Flood

Check 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 hazards
Records

Look 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.

Nearby markets · last 12 months

Winsted and Torrington sell for less a square foot; Sheffield, Lakeville, North East and Copake for far more

The busier markets within 25 miles of North Canaan, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Torrington468$301K$18652%47
Winsted105$297K$18747%46
Copake54$705K$38419%130
North Canaan (ZIP 06018)27$359K$21326%62
North East23$762K$33126%114
Sheffield20$637K$29615%138
Lakeville20$888K$38115%110

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to North Canaan, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to North Canaan. People who follow the town see it, and so do people comparing North Canaan with their own town. No commission, no listing fee.

Questions about buying a home in North Canaan

What do homes sell for in North Canaan, CT?

27 homes sold in the year to May 2026 at a typical $359K, $213 a square foot.

Is North Canaan a buyer’s or seller’s market?

A seller’s market: 4 homes were for sale in May 2026 and 2 sold, about 1.7 months of supply. Buyers paid 97.8% of asking on average.

When is the best time to buy in North Canaan?

July brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in North Canaan?

About 1.5% of a home’s value a year. On a $359K home that’s near $5,230.

Where can I see homes for sale in North Canaan?

Zillow, Redfin, Realtor.com and Homes.com all carry North Canaan’s MLS listings; the search links above open each one filtered to North Canaan.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 06018, which takes in North Canaan and the area around it (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).