Canaan, VT—05903
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Canaan, VT
Canaan, VT lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $200,000 | -5.8% |
| Single Family | $199,000 | -6.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Canaan, VT
Canaan, VT lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $995 | $995 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $995 | $995 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Canaan, VT
As of Oct '25, Realtor.com reports that the median days on market for a home in Canaan, VT is 129. This is a increase of 106.0% 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 | $284,000 | -7.0% |
Listing Count | 9 | -33.0% |
| Listings as % of Homes | 1.0% | -33.0% |
Days on Market | 129 | 106.0% |
Demographics — Canaan, VT
As of the latest ACS Survey released in 2023, Canaan, VT has a population of 714, which has decreased by -21.0% over the past 5 years. Canaan, VT is a moderately popular place for families, as children make up 15.4% of the population. The area has a poorly educated workforce, with 13.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 714 | -21.0% |
% Under 18 | 15.4% | -34.7% |
% Seniors | 29.1% | 27.1% |
% WFH | 12.0% | 37.9% |
% w/ College Degree | 13.7% | -3.5% |
As of the latest ACS Survey released in 2023, Canaan, VT is a predominantly white area, with 98.5% of the population identifying as white. The white population has grown by 8.8% in the last 5 years. The second most common race or ethnicity in Canaan, VT is hispanic, making up 0.8% of the population. Foreign-born residents account for 6.2% of the population in Canaan, VT, and this percentage has decreased by 23.5% 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 | 98.5% | 8.8% |
% Black | 0.0% | -100.0% |
% Hispanic | 0.8% | -57.9% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 6.2% | -23.5% |
Mortgage and Risk — Canaan, VT
According to HUD data as of 2023, there were 41 mortgage originations in Canaan, VT, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Canaan, VT. Investor activity is low, as 2.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 41 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 2.0% |
% Second Loans | 20.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Canaan, VT
Canaan, VT lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $930 |
| 2 Bedroom | $35 | $995 | $1,030 |
| 3 Bedroom | N/A | N/A | $1,440 |
| 4 Bedroom | N/A | N/A | $1,470 |
Affordability — Canaan, VT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $200,000 |
| Median Household Income | $60,300 |