Canaan, NH 03741 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Canaan, NH—03741

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$394,000

2.5% YoY Growth

Household Income

$78,500

9.6% YoY Growth

Days on Market

18.0% Longer YoY

Home Price Forecast

N/A

Median Rent

$2,500

33.7% YoY Growth

1-Bed Rent

$1,250

0.7% YoY Growth

2-Bed Rent

$2,500

5.3% YoY Growth

3-Bed Rent

$3,500

N/A

Home Price Trends — Canaan, NH

Canaan, NH lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$394,000	2.5%
Single Family	$393,000	2.3%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	$252,000	-3.1%

Rental Trends — Canaan, NH

As of July '25, Rentcast reports the average rent in Canaan, NH is $2,380, with a year-over-year rent change of 33.7%. Per bedroom, the median rent as of July '25 in Canaan, NH is 1-bedrooms: $1,400, 2-bedrooms: $2,310, 3-bedrooms: $3,500, 4-bedrooms: $3,500. The most common rental property sizes in Canaan, NH are 2-bedroom and 1-bedroom, accounting for 50.2% and 34.8% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,500	$2,380
Studio Rent	N/A	N/A
1 Bed Rent	$1,250	$1,400
2 Bed Rent	$2,500	$2,310
3 Bed Rent	$3,500	$3,500
4 Bed Rent	$3,500	$3,500

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% of Rental Stock

1 Bedroom

34.8%

2 Bedrooms

50.2%

3 Bedrooms

10.2%

4 Bedrooms

4.4%

5+ Bedrooms

0.3%

Property Listings — Canaan, NH

As of May '26, Realtor.com reports that the median days on market for a home in Canaan, NH is 47. This is a increase of 18.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$490,000	1.0%
Listing Count	19	14.0%
Listings as % of Homes	0.6%	14.0%
Days on Market	47	18.0%

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Demographics — Canaan, NH

As of the latest ACS Survey released in 2023, Canaan, NH has a population of 4,100, which has increased by 1.7% over the past 5 years. Canaan, NH is a moderately popular place for families, as children make up 15.3% of the population. The area has a moderately educated workforce, with 27.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.4% reporting working from home.

Metric	Latest Census	YoY % Change
Population	4,100	1.7%
% Under 18	15.3%	-7.8%
% Seniors	22.6%	48.7%
% WFH	13.4%	262.2%
% w/ College Degree	27.1%	-3.2%

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As of the latest ACS Survey released in 2023, Canaan, NH is a predominantly white area, with 87.8% of the population identifying as white. The white population has shrunk by 7.3% in the last 5 years. The second most common race or ethnicity in Canaan, NH is black, making up 3.4% of the population. Foreign-born residents account for 1.7% of the population in Canaan, NH, and this percentage has decreased by 15.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	87.8%	-7.3%
% Black	3.4%	1,033.3%
% Hispanic	0.0%	-100.0%
% Asian	1.5%	275.0%
% Foreign Born	1.7%	-15.0%

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Mortgage and Risk — Canaan, NH

According to HUD data as of 2023, there were 87 mortgage originations in Canaan, NH, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Canaan, NH. Investor activity is low, as 1.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	87
% Conventional Loans	90.0%
% Government Loans	10.0%
% Investor Loans	1.0%
% Second Loans	5.0%
% Cash Out Refinance	14.0%

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Rentals and Section 8 — Canaan, NH

Canaan, NH lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	26
Total Units Section 8	26
% Rentals under Section 8	N/A
% Occupied Section 8	99.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$190	$1,250	$1,060
2 Bedroom	-$1,110	$2,500	$1,390
3 Bedroom	-$1,650	$3,500	$1,850
4 Bedroom	-$1,570	$3,500	$1,930

Canaan, NH—03741

Key Metrics at a Glance

Home Price Trends — Canaan, NH

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Canaan, NH

% of Rental Stock

Property Listings — Canaan, NH

Demographics — Canaan, NH

Race and Ethnicity

Mortgage and Risk — Canaan, NH

Mortgages

Rentals and Section 8 — Canaan, NH

Section 8 Market Size

Section 8 Opportunity

Affordability — Canaan, NH

Home Price to Income Ratio

Canaan, NH — ZIP Code Boundary Map

Nearby ZIP Codes

Grafton, NH

Enfield, NH

Lyme, NH

Rumney, NH

Springfield, NH

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.2
Median Home Price	$394,000
Median Household Income	$78,500

Canaan, NH—03741

Key Metrics at a Glance

Home Price Trends — Canaan, NH

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Canaan, NH

% of Rental Stock

Property Listings — Canaan, NH

Demographics — Canaan, NH

Race and Ethnicity

Mortgage and Risk — Canaan, NH

Mortgages

Rentals and Section 8 — Canaan, NH

Section 8 Market Size

Section 8 Opportunity

Affordability — Canaan, NH

Home Price to Income Ratio

Canaan, NH — ZIP Code Boundary Map

Nearby ZIP Codes

Grafton, NH

Enfield, NH

Lyme, NH

Rumney, NH

Springfield, NH

Frequently Asked Questions

What is the average home price in Canaan, NH 03741?

How have home prices in Canaan, NH 03741 changed over the past year?

What is the home price projection for Canaan, NH 03741?

What are the demographics of Canaan, NH 03741?

How long does it take homes to sell in Canaan, NH 03741?

What is the average rent price in Canaan, NH 03741?