The story of this market
The typical home in Canaan, Vermont sells for about $292,500, or $150 per square foot.
Prices are down 17% from a year ago, which gives buyers more room to negotiate. Homes take about 104 days to sell, which is slow.
Monthly price momentum
Home values since 2015
+2.6%
VT · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Canaan, Vermont
Canaan's housing market is characterized by low inventory and a small volume of sales, with a median price of $292,500. While home values have seen long-term appreciation, recent data indicates a year-over-year decline in sale prices. The market remains quiet, reflecting the town's remote, rural nature and limited economic growth.
No ARED county foreclosure postings attributed to Canaan yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 1 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved down 5.2% year over year.
Homes spend a median of 120 days on market with 11.5 months of supply — a slower-moving market.
15% of listings have cut prices · homes sell at 96% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · poverty 10.4% — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
Defines the state line and provides a scenic backdrop for the town, serving as a focal point for local outdoor activity.
A significant natural area offering residents access to trails and wilderness, contributing to the town's rural character.
Canaan is best suited for those seeking a quiet, rural lifestyle in a remote setting, including retirees or those who prioritize proximity to nature and outdoor recreation over urban amenities.
The area is served by the Canaan Schools, which includes a high school with a CTE program and maintains a low student-teacher ratio.
The town is accessed via Vermont Routes 102, 114, 141, and 253, with international border crossings into Quebec, Canada.
The town features access to the Connecticut River and the Canaan Memorial Forest, providing a rural amenity base focused on outdoor recreation.
The local economy is anchored by agriculture, utilities, and construction sectors, with a small-town scale and limited industrial diversification.
The local economy is primarily driven by agriculture, utilities, and construction, with limited residential building permit activity at the county level.
The town operates under a municipal structure with special appropriations for local services like the South Canaan Cemetery.
FEMA's National Risk Index rates the county's overall natural-hazard risk as Very Low.
The town levies a municipal tax rate of 0.8291, with total homestead tax rates reaching 2.5814 and non-homestead rates at 2.3625 as of 2026.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 2.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from Census Reporter and ACS profiles.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.