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New Canaan

New Canaan

Located in Fairfield County

$2,398,942 Average Value
$843 Average Price per Sq Ft
5 Homes For Sale

Gold Coast Enclave

Settle in New Cannan, a town full of multi-million dollar homes that's only eight miles from the beaches and views of Connecticut's Gold Coast. The town's wooded landscape shades the streets and provides residents with privacy and greenery. New Canaan's downtown offers residents spots to mingle, shop and eat, "It's a really quaint little town," says Julie Vanderblue, a Realtor with Higgins Group Real Estate. The town's school system, ranked No. 2 in the state by Niche, is one of the big draws for families looking to settle down in the area.

Here is an aerial view of downtown New Canaan.
Here is an aerial view of downtown New Canaan.

Mansions, colonial homes and villas

Homes in New Canaan tend to come at a high price point – on average, properties go for around $1.8 million. The most expensive homes in town can go for around $15 million. Styles vary from Colonial to farmhouse, and some of the town’s palatial mansions resemble grand villas. Homebuyers looking to start from scratch can buy two to five-acre lots of land for around $1.5 million. "New Canaan has a distinct luxury lifestyle, and homes come at a higher price point," says Vanderblue. Homes at the apex of the price range come with luxury amenities like pools, tennis courts, and vast outdoor seating areas on landscaped grounds.

Oenoke Ridge Road offers large homes with some walkability to downtown New Canaan.
Oenoke Ridge Road offers large homes with some walkability to downtown New Canaan.
Stunning large homes dot the secluded back roads of New Canaan.
Stunning large homes dot the secluded back roads of New Canaan.
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New Canaan Public Schools

The town is served by New Canaan Public Schools, which has an A-plus rating from Niche. The district is particularly known for its outstanding academic programs, teachers, clubs, activities and college prep, all of which have an A-plus rating. Three of the district's schools are ranked No. 2 in the nation according to their grade level and have an A-plus rating from Niche. The area's youngest learners can start their academic journeys at South Elementary School, continue at Saxe Middle School and graduate at New Canaan High School, which has excellent ratings across its academic programs, teachers, clubs, activities and college prep.

Welcome to South Elementary  School in New Canaan.
Welcome to South Elementary School in New Canaan.
Welcome to Saxe Middle School in New Canaan.
Welcome to Saxe Middle School in New Canaan.
This is the main entrance to New Canaan High School.
This is the main entrance to New Canaan High School.
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New Canaan greenspace

5-acre Mead Memorial Park has a pond, which is open for ice skating when the water freezes over. During the warmer months, residents can also use the park's baseball field, pickleball courts, and playgrounds. Golfers head to the Country Club of New Canaan, which has an 18-hole golf course, tennis and pickleball courts and a pool for members to enjoy.

Mead Park is located in downtown New Canaan.
Mead Park is located in downtown New Canaan.
The Country Club of New Canaan is a stunning property right off of Smith Ridge Road.
The Country Club of New Canaan is a stunning property right off of Smith Ridge Road.
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Eating out in New Canaan

New Canaan's popular downtown area offers residents spots to shop and restaurants to enjoy, all within walking distance of each other. "New Canaan has a really cute little downtown," says Vanderblue. From classic American diners like The Diner New Canaan, to upscale Italian restaurants like Spiga or Locali, foodies in New Cannan won't be starved for choice. Spiga serves creative takes on classic cuisine using local produce served with a large selection of Italian wines. Local favorite dishes include the veal chop Milanese, the ever-popular charcuterie board and butternut squash gnocchi served in a creamy sauce.

The Diner of New Canaan oozes classic vibes and serves incredible food.
The Diner of New Canaan oozes classic vibes and serves incredible food.
Be sure to try the authentic Italian cuisine at Spiga in New Canaan.
Be sure to try the authentic Italian cuisine at Spiga in New Canaan.
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Fall Fair

New Canaan residents can enjoy a variety of events, most of which are posted in the local newspaper, the New Canaanite. The annual Fall Fair is one of the city's most popular events and is now in its 54th year. Located at the New Canaan Nature Center, the fair is a creative and welcoming way to embrace the turn of the season. The two-day event has carnival rides, a zip line, pumpkin carving, and more on its list of activities.

Getting around New Canaan

The city isn't crisscrossed with interstates and is relatively quiet thanks to its location. There are a handful of roads that converge in downtown New Canaan. The nearest major roadway is the Merritt Parkway, about three miles from the center of town. Instead of driving into New York City, many residents favor the hour-and-a-half direct train ride when it comes to traveling into the Big Apple.

Jeff Rainone
Photography Contributed By
Jeff Rainone
Matthew Bloch
Video By
Matthew Bloch

Interested in learning more about homes in this area? Reach out to Robert Marchesi, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

New Canaan Housing Trends

Housing Trends

Median List Price
$1,495,000
Median Sale Price
$1,420,000
Median Single Family Sale Price
$2,900,000
Median Townhouse Sale Price
$1,295,000
Median 2 Bedroom Sale Price
$1,555,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
90
Median Home Sale Price YoY Change
-9%
Average Price Per Sq Ft
$843

Neighborhood Facts

Number of Homes in Neighborhood
6,218
Number of Homes for Sale
5
Median Year Built
1965
Months of Supply
0.70
Average Single Family Home Size Sq Ft
4,086
Significantly above the national average
1,924
Average Townhouse Size Sq Ft
2,441
Average 2 Bedroom Size Sq Ft
1,368
Average 1 Bedroom Size Sq Ft
814
Median Lot Size Sq Ft
43,560

Open Houses

  • 67 Carter St, New Canaan, CT 06840

    $5,250,000

    • 5 Beds
    • 8 Baths
    • 9,300 Sq Ft
    • 67 Carter St

    67 Carter Street - Exceptional Modern Estate Experience unrivaled luxury at this extraordinary 2.5-acre sanctuary in New Canaan. Encompassing nearly 7,300 sq ft above grade and an additional 2,000 sq ft in the lower level with soaring 10-foot ceilings, this architectural masterpiece offers a refined and expansive living experience. A chef's gourmet kitchen anchors the home, complemented by five

    Agent Photo
    Richard Breglia
    Coldwell Banker Realty
    (475) 241-7968
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  • 544 Oenoke Ridge, New Canaan, CT 06840

    $12,400,000

    • 12 Beds
    • 16 Baths
    • 18,000 Sq Ft
    • 544 Oenoke Ridge

    A rare opportunity to own a legacy estate that would command over $50 million to recreate in today's market. Orchard's End, built in 1929 designed by New York architect William B. Tubby, his outstanding designs include Waveny House in New Canaan, Dunnellen Hall in Greenwich and the William H. Childs House in Brooklyn. Beginning in 2014, the current owners retained world renowned architect Dinyar

    Agent Photo
    Danielle Malloy
    Serhant Connecticut, LLC
    (475) 445-2580
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  • 171 Proprietors Crossing, New Canaan, CT 06840

    $2,700,000

    • 5 Beds
    • 3.5 Baths
    • 3,832 Sq Ft
    • 171 Proprietors Crossing
    • New 5 days ago

    Just renovated to perfection, this 5BR, 3.5BA classic Connecticut colonial with extra 1900 square feet of finished lower level gives you over 5300 square feet of living area and is situated on a very private much sought-after cul de sac in New Canaan's loveliest areas of 4+ acres estates and properties. This home has it all. Beautiful quartz countertops in your new light filled family kitchen

    Becky Munro Brown Harris Stevens

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

New Canaan Has More Owners

Demographics

Total Population
21,587
Median Age
43
Population Density
1 person/acre
Population under 18
28.4%
On par with the national average
23.8%
Population over 65
17.8%
On par with the national average
19.1%

Finances

Median Household Income
$217,898
Significantly above the national average
$71,702
Average Household Income
$215,335

Education and Workforce

High School Graduates
98.6%
College Graduates
80.6%
Significantly above the national average
34.1%
Advanced Degrees
38.5%
Significantly above the national average
13.3%
% Population in Labor Force
64.1%

Weather

Annual Precipitation
47''
Average Winter Low Temperature
23°F
Average Summer High Temperature
83°F
Annual Snowfall
7''

Area Factors

Somewhat Bikeable

Bike Score®®

5 / 100

Car-Dependent

Walk Score®®

8 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
New Canaan