Welcome to New Canaan
Nestled in Fairfield County, New Canaan represents the pinnacle of New England sophistication combined with small-town charm. Known for its exceptional school system, architectural significance, and natural beauty, this community offers a quality of life that attracts discerning homeowners from around the world.
2025 New Canaan Real Estate Outlook
New Canaan's real estate market continues to demonstrate resilience with steady appreciation despite broader economic uncertainties. The town's limited inventory, high demand from New York City commuters, and unwavering commitment to preserving its character maintain property values well above regional averages. Architectural diversity, from historic Colonials to modernist masterpieces, creates a unique housing landscape unmatched in the Northeast.
2025 Market Overview
New Canaan's real estate market remains one of the most stable and desirable in Fairfield County. With inventory at historic lows and consistent demand from both New York City commuters and local families, the market shows remarkable resilience. The 2024-2025 period has seen a slight market correction from pandemic-era peaks, creating more balanced conditions for buyers while maintaining strong values for sellers.
$2.35M
Median Home Price (up 4.4% YoY)
42 Days
Average Days on Market
5.1%
Year-over-Year Appreciation
97.2%
Listing-to-Sale Price Ratio
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Single-Family Inventory
↓ 18%
42 units
New Construction
↑ 12%
28 projects
Price per Sq Ft
↑ 6.2%
$642
Neighborhood Profiles
New Canaan's distinctive neighborhoods each offer unique characteristics and architectural styles, from the historic downtown area to the more rural and expansive properties on the town's perimeter.
Downtown & Historic District
Price Range: $1.9M - $6.5M+
Walking distance to shops, restaurants, and the train station. Features historic Colonials, Victorians, and updated traditional homes with recent commercial revitalization enhancing property values.
- Walkability score: 96/100
- Historic architecture preservation with 15 new adaptive reuse projects
- Proximity to new community center and library expansion
- Average lot size: 0.3-0.5 acres
Silvermine
Price Range: $2.4M - $9.5M+
Artistic community with winding roads, the Silvermine River, and architecturally significant homes including many Modernist masterpieces. The Silvermine Arts Center expansion has increased cultural appeal.
- Historic artist community with 5 new galleries since 2023
- Larger property lots (1-3 acres typical)
- 12 significant modernist homes currently on NRHP
- New conservation easements protecting 50 additional acres
Meads Corner & Oenoke Ridge
Price Range: $2.8M - $12M+
Prestigious area with grand estates, significant properties, and proximity to country clubs and the New Canaan Nature Center. Recent sales have set new price records for the area.
- Grand estate properties (3-10+ acres)
- Proximity to renovated Country Club of New Canaan
- Mature landscaping with specimen trees
- 5 properties sold above $10M in 2024
West & South of Town
Price Range: $1.7M - $4.8M
More suburban feel with excellent family neighborhoods, strong community spirit, and accessibility to schools and parks. The area has seen significant new construction and renovations.
- Family-friendly communities with 4 new playground installations
- Strong neighborhood associations with active community programs
- Enhanced access to Waveny Park and expanded trail systems
- Average lot size: 0.5-2 acres