Zip 06840 (New Canaan, CT) Housing

New Canaan, CT (zip code 06840) is a desirable area to live in and this is reflected in its median housing value of $1,588,500. This is significantly higher than the national median of $338,100 and demonstrates a trend of appreciation over the past year with an increase of 9.97%. This growth rate is even above the national growth rate of 8.27%, which shows that New Canaan homes are becoming more and more valuable with each passing year.

The median home cost in New Canaan (zip 06840) is $1,588,500. Home appreciation the last 10 years has been 46.6%. Home Appreciation in New Canaan (zip 06840) is up 15.3%.

Average Age of Homes

- The median age of New Canaan (zip 06840) real estate is 51 years old

The Rental Market in New Canaan (zip 06840)

- Renters make up 19.0% of the New Canaan (zip 06840) population
- 1.0% of houses and apartments in New Canaan (zip 06840), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	New Canaan, Connecticut	United States
	7,454.0	139,647,020.0
	55	42
	$1,588,500	$338,100
	15.3%	16.6%
	40.9%	57.0%
	46.6%	101.1%
	$18.37	$10.98
	$10,001	$2,690
	75.7%	57.4%
	6.9%	11.2%
	17.4%	31.4%
Vacant Housing
	1.0%	1.9%
	0.0%	0.4%
	1.2%	0.7%
	0.9%	0.4%
	1.6%	3.6%
	2.2%	4.1%
Value of Owner-Occupied Housing
	0.7%	2.6%
	0.0%	2.4%
	0.1%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.3%	11.3%
	0.6%	13.0%
	1.8%	20.1%
	2.7%	13.6%
	2.1%	8.3%
	9.7%	9.7%
	16.3%	3.9%
	23.8%	2.2%
	15.9%	0.8%
	26.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	12.5%	13.6%
	12.5%	13.6%
	7.4%	13.6%
	7.5%	13.2%
	9.4%	14.8%
	7.4%	13.6%
	14.9%	10.0%
	5.8%	4.7%
	18.3%	12.2%