Canaan, ME Home Values & Market Trends

Real estate market trends reflect that there have been 23 transactions over the past year in Canaan. The median value for residential home transactions that occurred over the previous year is $200,745.33. The number of current listings in Canaan is 1, and the percentage of properties for sale in the city is 1.00%. Canaan, ME currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 1 properties for sale.

Canaan, ME Real Estate Market Overview

ZipMedian Est. Value
04924

$ 254,616

$ 87/sqft

Housing Market Summary for Canaan, ME

Apr 2023March 2024Change
Median Listing Price$599.9K$161.7K-73.04%
Median Sold Price$180K$161.7K-10.16%
Homes For Sale10-100.00%
Homes Sold1411-21.43%
Price
$/Sqft
Homes For Sale
0
0

Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

0
0

Browse Homes in Canaan, ME

Canaan home values range from $28,786 to $925,729. The median estimated value of a home in Canaan is $200,745.33. The median list price of a home is 485,000, and the total count of properties in the city is 896.

Foreclosure
There is 1 zips within Canaan, ME; within this zips, the median estimated home value for homes in foreclosure ranges from $0 in $[foreclosures-lowest-avm-region] to the lowest value of $0 in $[foreclosures-lowest-avm-region]. Foreclosure homes account for NaN% of properties in Canaan, ME with $[foreclosures-highest-count-region] containing 0 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Canaan, ME with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Canaan, ME; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Canaan, ME ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Canaan, ME. There is 1 zips within Canaan, ME; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Canaan, ME. Auction homes and other auction properties account for 0% of all properties in Canaan, ME. There is 1 zips within Canaan, ME; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.11% of residential properties in Canaan, ME with 04924 containing 1 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Canaan, ME; homes for sale in that zips, have a range of median values from $254,616 in 04924 to the lowest value of $254,616 in 04924.
    Sold Homes
    The median value for recently sold homes ranges from $593,770 in 04924 to the lowest price of $60,318 in 04924. There is 1 zips within Canaan, ME. 04924 has 11 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.23% of properties in Canaan, ME.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Canaan, ME
      $
      $

      Guide for Canaan, ME

      Market Reports
      Knoxville Real Estate Market Report, April 2024
      Market Reports
      Rising Real Estate: Biloxi Property Value Appreciates Amidst Market Fluctuations
      A new house being built
      Investment Financing
      What Type of Loan Is Best for First-Time Home Buyers?
      Market Reports
      Little Rock Real Estate: Climbing Property Values and Investment Potential – Market Report April 2024
      See More Articles
      Knoxville Real Estate Market Report, April 2024
      Market Reports|posted 9 April 2024

      The Knoxville real estate market is seeing fluctuations in property prices, with the average value at $399,900 as of March 2024.

      Rising Real Estate: Biloxi Property Value Appreciates Amidst Market Fluctuations
      Market Reports|posted 9 April 2024

      Biloxi’s real estate market shows dynamic growth and consumer confidence, with property values rising from $271,000 to $290,000 within a year, despite some price fluctuations.

      A new house being built
      What Type of Loan Is Best for First-Time Home Buyers?
      Investment Financing|posted 9 April 2024

      Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?

      Little Rock Real Estate: Climbing Property Values and Investment Potential – Market Report April 2024
      Market Reports|posted 8 April 2024

      The Little Rock real estate market has shown growth in average property values and prices per square foot between April 2023 and March 2024, indicating an investment-friendly environment.

      Recently Listed Homes Canaan, ME

      No data to show