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Canaan, VT—05903

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$228,000
5.9% YoY Growth
Household Income
$60,300
54.5% YoY Growth
Days on Market
46
9.0% Shorter YoY
Home Price Forecast
N/A
Median Rent
$995
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
$995
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Canaan, VT

Canaan, VT lacks sufficient home price data for analysis.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$228,0005.9%
Single Family $228,0008.1%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
N/AN/A
  • Affordability
  • Rentals and Section 8
    • 2 Bed
    N/A
    N/A
    3 Bed
    		N/AN/A
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    5.5%
    1 Bedroom
    21.8%
    2 Bedrooms
    14.6%
    3 Bedrooms
    46.3%
    4 Bedrooms
    10.1%
    5+ Bedrooms
    1.7%

    Rental Trends — Canaan, VT

    Canaan, VT lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average Rent$995$995
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent $995$995
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    Studio
    16.2%
    1 Bedroom
    59.5%
    2 Bedrooms
    8.1%
    3 Bedrooms
    10.8%
    5+ Bedrooms
    5.4%

    Property Listings — Canaan, VT

    As of May '26, Realtor.com reports that the median days on market for a home in Canaan, VT is 46. This is a decrease of -9.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 29.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$385,00022.0%
    Listing Count
    		143.0%
    Listings as % of Homes1.0%3.0%
    Days on Market
    		46-9.0%
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    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.

    MetricLatest CensusYoY % 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%
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    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

    MetricLatest Census5-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%
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    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

    MetricZip 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%
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    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 SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$930
    2 Bedroom$35$995$1,030
    3 BedroomN/AN/A$1,440
    4 BedroomN/AN/A$1,470

    Affordability — Canaan, VT

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.4
    Median Home Price$228,000
    Median Household Income$60,300

    Canaan, VT — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Beecher Falls, VT

    05902

    Stratford, NH

    03590

    Colebrook, NH

    03576

    Warren'S Gore, VT

    05907

    Bloomfield, VT

    05905

    Frequently Asked Questions