North Canaan, Canaan CT - Investment Data

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Canaan, Connecticut • Torrington, CT Metro • 3 ZIPs

3.0/ 5

Investability

Neighborhood average

4.0/ 5

Appreciation

8.1% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability 3.0/5
1-Year Change -1.1%
5-Year CAGR +9.9%
Neighborhood Value $351,618
Avg ZIP Home Value $428,971
Avg Monthly Rent $1,668
Avg Cap Rate 0.0%
Avg Vacancy 21.9%
⚖️
BALANCED MARKET
Torrington, CT Metro Area
Even conditions for buyers and sellers
45 days
Average time to sell
Average
7.9%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable

📊 How Does North Canaan Compare?

Metric North Canaan Canaan Torrington, CT Connecticut
Home Value $428,971 $428,971 N/A $425,784
Avg Rent $1,668 $1,668 N/A -
5-Year CAGR 9.9% 8.1% N/A 9.3%
Cap Rate 0.0% 0.0% - -
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North Canaan is a neighborhood in Canaan, Connecticut. This neighborhood spans 3 ZIP codes, offering investors a range of property types and price points. The current median home value in this neighborhood is $351,618, which has decreased by 1.1% over the past year. With average rents around $1,668/month and home values averaging $428,971, investors can evaluate potential cash flow opportunities in this market.

Home Value Trends

ZIP Codes in North Canaan

ZIP City Home Value Rent Cap Rate Rating Vacancy Match
06018 Canaan $355,683 $1,485 0.0% 3.0 ★ 13.0% City match
06024 Canaan $359,414 $1,611 0.0% 3.0 ★ 27.5% City match
06031 Canaan $571,815 $1,908 0.0% 3.0 ★ 25.3% City match

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