Canaan, NH is a great place to invest in real estate. According to the latest information, the median housing value in Canaan is $309,000 which is significantly lower than the US House Median Value of $338,100. This means that it's relatively more affordable for potential buyers to purchase property in this area. Furthermore, there has been an impressive 11.54% house appreciation rate over the past year compared to the US 1 year house appreciation rate of 8.27%. Therefore, investing in housing in Canaan makes good financial sense and could be a wise decision for those looking to purchase property.
The median home cost in Canaan is $309,000. Home appreciation the last 10 years has been 90.8%. Home Appreciation in Canaan is up 18.0%.
Average Age of Homes
- The median age of Canaan real estate is 37 years old
The Rental Market in Canaan
- Renters make up 16.1% of the Canaan population
- 1.7% of houses and apartments in Canaan, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.