Zip 12029 (Canaan, NY) Housing

In Canaan, NY (zipcode 12029), the median value of housing is $425,800. That is significantly higher than the median housing value in the United States as a whole, which is currently $338,100. Furthermore, the appreciation rate of houses in Canaan has outperformed the national average over the last year with an appreciation rate of 9.88%, compared to 8.27% nationally. This makes Canaan an attractive option for potential home buyers who are looking for a place to settle down that offers them steady appreciation and a high starting value on their investment.

The median home cost in Canaan (zip 12029) is $425,800. Home appreciation the last 10 years has been 49.3%. Home Appreciation in Canaan (zip 12029) is up 11.8%.

Average Age of Homes

- The median age of Canaan (zip 12029) real estate is 58 years old

The Rental Market in Canaan (zip 12029)

- Renters make up 8.0% of the Canaan (zip 12029) population
- 0.0% of houses and apartments in Canaan (zip 12029), 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	Canaan, New York	United States
	785.0	139,647,020.0
	67	42
	$425,800	$338,100
	11.8%	16.6%
	39.6%	57.0%
	49.3%	101.1%
	$18.95	$10.98
	$5,495	$2,690
	53.9%	57.4%
	36.8%	11.2%
	9.3%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	1.4%	0.7%
	0.0%	0.4%
	27.3%	3.6%
	8.2%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.5%	2.4%
	0.0%	2.8%
	1.7%	3.9%
	1.2%	4.5%
	7.1%	11.3%
	11.8%	13.0%
	30.7%	20.1%
	20.3%	13.6%
	15.1%	8.3%
	8.5%	9.7%
	2.4%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.7%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.0%	13.6%
	6.0%	13.6%
	11.2%	13.6%
	14.3%	13.2%
	9.6%	14.8%
	11.2%	13.6%
	7.1%	10.0%
	2.2%	4.7%
	45.2%	12.2%

Reviews for Canaan

See all (0)

Write a Review

Start Your Review of Canaan

Commute

The premier source for comprehensive city data for over 30 years.