Canaan, NH—03741
Real Estate Data & Market Trends
Key Metrics at a Glance
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 | $375,000 | 3.2% |
| Single Family | $375,000 | 3.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $241,000 | -1.2% |
2 Bed | $336,000 | 2.8% |
3 Bed | $407,000 | 4.4% |
4 Bed | $500,000 | 6.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — Canaan, NH
As of Oct '25, Realtor.com reports that the median days on market for a home in Canaan, NH is 88. This is a increase of 33.0% 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 | $456,000 | 3.0% |
Listing Count | 14 | 17.0% |
| Listings as % of Homes | 0.6% | 17.0% |
Days on Market | 88 | 33.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — Canaan, NH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $375,000 |
| Median Household Income | $78,500 |