The median home in Canaan, Connecticut is valued at $373,648, up 0.0% year over year. Canaan is part of the Torrington, CT metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$373,648

+0.0%

Prices rising — worse for buyers.

Affordability

Enter your income for Canaan.

Income (annual)

Down Payment

$74,730 on $373,648

Example: $75,000 household income. Change it above to see your own.

Out of reach43.3% of income

Need $116,100/yr to afford.

PITI$2,709

P/I43.3%

Afford$241K

Gap-$132K

P&I $1,889Tax $669Ins $150

6.50% 30yr, 20% down, county tax + CT ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Connecticut

Compare Canaan with other housing markets across Connecticut.

Darien$2.24M Greenwich$2.19M New Canaan$2.03M Westport$1.9M Weston$1.3M Wilton$1.18M Washington$998K Ridgefield$945K

Full Torrington, CT analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Torrington, CT metro.

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Canaan, CT