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Market Watch
August 27, 2026· Updated September 6, 2026
5 min read

New Canaan, CT Housing Market 2026: Median Home Price, Last 12 Months

What homes actually sell for in New Canaan: a median closing price of $1,605,290 across 183 closings Resideline tracked over the last 12 months, plus the full price spread.

Resideline Team
New Canaan, CT Housing Market 2026: Median Home Price, Last 12 Months

If you invest in or around New Canaan, the number that matters is what homes actually close for, not what sellers are asking. Here is what New Canaan sale prices look like right now, built from the closings Resideline tracked over the last 12 months, as of September 2026.

The snapshot

  • Closings tracked, last 12 months: 183
  • Median sold price, last 12 months: $1,605,290
  • Median sold $/sqft, last 12 months: $669
  • Middle half of sales closed between: $1,250,000 and $2,300,000

What the numbers say

Resideline tracked 183 closed sales in New Canaan over the last 12 months, with a median closing price of $1,605,290. That median is the midpoint of what buyers actually paid, not what sellers hoped to get, which is why it moves differently from the asking prices you see on listing sites. The middle half of those sales closed between $1,250,000 and $2,300,000. That spread matters more than the headline median: where a specific property sits inside it decides whether the citywide number helps you or misleads you. These are the closings Resideline tracks and may differ from complete county or municipal records. Across the 183 closings with usable living area, the middle half sold between $568 and $812 per square foot.

Figures last updated September 6, 2026 from closings Resideline tracked.

Median home price in New Canaan, CT (September 2026)

The median home price in New Canaan is $1,605,290, measured across the 183 closed sales Resideline tracked over the last 12 months. The middle half of those sales closed between $1,250,000 and $2,300,000.

Where New Canaan sale prices land

What homes actually sell for in New Canaan
Closed sale prices over the last 12 months. Middle half of sales: $1.25M to $2.3M
Tap to enlarge
$455k to $1.14M: 27 sales$455k$1.14M to $1.82M: 75 sales75sales$1.82M to $2.51M: 27 sales$1.82M$2.51M to $3.19M: 12 sales$3.19M to $3.88M: 11 sales$3.19MMedian $1.61M

Medians hide the shape of a market. The distribution above covers the closed sales Resideline tracked in New Canaan over the last 12 months that carry a usable sale date, trimmed to the 5th through 95th percentile, with the middle half of sales closing between $1,250,000 and $2,300,000. Among the 52 Connecticut markets with a published band, New Canaan's middle-half spread ($1,250,000 to $2,300,000) ranks 33rd from the narrowest. Where your target property sits inside that spread matters more than the citywide median.

Median sold price per square foot
New Canaan monthly medians for the complete months inside the last 12 months, Oct 2025 to Aug 2026, among qualifying closings with usable living area. 7 months plotted, 4 months suppressed under the 10-closing floor and drawn as empty slots.
Tap to enlarge
Oct 2025: $663 per square foot across 35 sales$663OctNov 2025: $669 per square foot across 22 sales$669Dec 2025: fewer than 10 qualifying sales recordedDecJan 2026: fewer than 10 qualifying sales recordedFeb 2026: $606 per square foot across 18 sales$606FebMar 2026: fewer than 10 qualifying sales recordedApr 2026: $696 per square foot across 19 sales$696AprMay 2026: fewer than 10 qualifying sales recordedJun 2026: $710 per square foot across 15 sales$710JunJul 2026: $677 per square foot across 25 sales$677Aug 2026: $695 per square foot across 10 sales$695Aug

How long a sale takes here

  • Listed to under contract: a median of 16 days, across 102 New Canaan closings Resideline tracked in the last 12 months
  • Contract to closing: a median of 40 days, across 99 New Canaan closings Resideline tracked in the last 12 months
Both are measured from the closings themselves, not from listing inventory. Each sale is timed using its own listing and contract dates. That is why these counts are smaller than the 183 closings above: a sale is counted here only when we hold both of its dates.

From market read to offer price

A market read is the backdrop. The decision still comes down to one property and one number: what it is actually worth and what you should pay. Every Resideline report opens with this same market snapshot for the subject's exact ZIP code, then gives you the property's value, the sold comps behind it, and a market rent estimate. Pricing a specific deal? The free ARV calculator and rental property calculator run the numbers in about a minute.

And we show our work. Every estimate is frozen while the home is for sale and graded against the real closing price after it sells. See the live accuracy dashboard for the receipts, or read how the Area Market Snapshot works.

Run any New Canaan address through Resideline and you will see the local market and the property's value together, in one report.

Cite this

Using these numbers? Please cite the source and the sample size:

code
Source: Resideline Market Watch
Market: New Canaan, CT
Geography: Census-designated place, not an incorporated municipality, Census place 0950576
Data updated: September 2026
Analysis period: last 12 months
Tracked closings: 183
Median sold price: $1,605,290
Median sold $/sqft: $669 (183 qualifying)
https://resideline.com/blog/new-canaan-ct-housing-market

Writing about this market? Paste this into your post:

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<a href="https://resideline.com/blog/new-canaan-ct-housing-market">
  <img src="https://resideline.com/images/embed/new-canaan-ct.png" alt="New Canaan, CT home sale price distribution, last 12 months" width="1000" style="max-width:100%;height:auto">
</a>
<p>Source: <a href="https://resideline.com/blog/new-canaan-ct-housing-market">Resideline Market Watch</a></p>

The local market statistics in this report are calculated from closed sales tracked by Resideline. Transaction coverage may differ from complete county or municipal records.

Every local market figure on this page is computed from closed sales Resideline tracked in New Canaan over the last 12 months, and is refreshed when the data is. The closings we track across the New Canaan Census-designated area are not limited to listing-service sales: they also include foreclosure deeds, estate and family transfers, and other off-market sales that portal medians exclude, which is why 15% of the 183 closings in this window never appeared on a listing service, and the median of MLS-listed sales alone was $1,637,500.

Frequently Asked Questions

What is the median home price in New Canaan?

The median sold price in New Canaan over the last 12 months is $1,605,290, measured across 183 closings Resideline tracked.

How many homes sold in New Canaan last month?

Resideline tracked 10 closed sales in New Canaan in August 2026, out of 183 closings tracked over the last 12 months. These are tracked samples of market activity, not official county totals.

What is the typical sale price range in New Canaan?

The middle half of New Canaan sales over the last 12 months closed between $1,250,000 and $2,300,000, with a median of $1,605,290.

What is the typical price per square foot in New Canaan?

Among qualifying New Canaan closings Resideline tracked over the last 12 months, the median sold price per square foot was $669, measured across 183 sales with usable living area. Median is used rather than average because outliers distort the mean.

What could a property in New Canaan be worth?

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