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Canaan, CT Real Estate


According to census data in the year 2000 there were 615 housing units in Canaan. This represents a 3.2% growth from 596 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 615 were located in what is classified as a rural area.

Homeownership rate in Canaan is about 50.8%. Canaan's vacancy rate, including seasonal lodging, is about 3.3%. Average household size is 2.12 people.

The majority of houses, apartments or condos in Canaan were built after 1946.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom27.30%
Two Bedrooms30.60%
Three Bedrooms27.20%
Four Bedrooms13.80%
Five Bedrooms or more1.10%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.22
Median year structure was built1939
Median Value of occupied units$121,300
Median Price asked for vacant units$65,000

Rented Homes, Apartments and Condos

Average Household Size2.02
Median year structure was built1954
Median Monthly Rent asked for vacant units$588

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage10.60%
Home Equity Loan8.90%
Simple Mortgage37.40%
Debt Free43%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs19.5%