Median home value in zip code 06840 (New Canaan, CT) is $2,045,176, up 11.1% year over year. Part of the Bridgeport-Stamford-Norwalk, CT metropolitan area.

Home Value$2,045,176

YoY Change

+11.1%

Prices rising — worse for buyers.

Affordability

Enter your income for 06840 (New Canaan).

Income (annual)

Down Payment

$409,035 on $2,045,176

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

Out of reach226.5% of income

Need $606,686/yr to afford.

PITI$14,156

P/I226.5%

Afford$253K

Gap-$1.79M

P&I $10,342Tax $3,664Ins $150

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

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

Metro Analysis

06840 is part of the Bridgeport-Stamford-Norwalk, CT metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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