New Canaan

New Canaan

Located in Fairfield County

$2,368,190 Average Value
$667 Average Price per Sq Ft
64 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 Barbara Pincione, an experienced agent 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
$2,250,000
Median Sale Price
$2,139,000
Median Single Family Sale Price
$2,700,000
Median Townhouse Sale Price
$1,283,000
Median 2 Bedroom Sale Price
$1,510,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
301
Median Home Sale Price YoY Change
$16
Average Price Per Sq Ft
$667

Neighborhood Facts

Number of Homes for Sale
64
Months of Supply
2.60

Open Houses

  • Sunday, Jun 22
    1 - 3pm

    26 Pequot Ln, New Canaan, CT 06840

    $5,585,000

    • 6 Beds
    • 7.5 Baths
    • 12,385 Sq Ft
    • 26 Pequot Ln

    THIS MAGNIFICENT ESTATE HAS BEEN FEATURED IN THE N.Y. TIMES MAGAZINE FOR ITS EXTRAORDINARY ENTRY AND CONSTRUCTION. BE IT THE OVERSIZED POOL, RARE CUSTOM ELEVATOR, SPORTS TENNIS COURT, MEDIA ROOM, HIS & HER SEPARATE BATHS, ALSO INCLUDED ARE SEVERAL PRACTICAL AND FUN AMENITIES THAT GRACE THIS ONE OF A KIND HOME. WITH PRIVACY ON ALL FOUR SIDES THIS HOME PRESENTS ONE OF THE BEST LOTS, SCHOOL SYSTEMS

    Susan Morelli Coldwell Banker Realty

  • Saturday, Jun 21
    1 - 4pm

    176 Logan Rd, New Canaan, CT 06840

    $2,680,000

    • 5 Beds
    • 3.5 Baths
    • 4,428 Sq Ft
    • 176 Logan Rd
    • New 2 days ago

    Experience unparalleled living at 176 Logan Road, a reimagined classic colonial home nestled on over 2.5 acres of land. This spacious residence features 5 bedrooms and 4 bathrooms, offering privacy with its long driveway. Over the past decade, the current owner has meticulously and fully renovated this home. On the exterior, you'll see a new roof, gutter system, and a rebuilt brick chimney.

    Ashley Hamedi Compass Connecticut, LLC

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''
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