Is Canaan, NH 03741 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Canaan is a seller’s market. With about 3.6 months of supply and 27% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score64/ 100

More competitive than 67% of U.S. ZIP codes, and #68 of 116 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply3.6Under 4 months = seller’s market
Sold above original list26.7%Share of sales, last 3 months
Median sale-to-list100.5%Sold price ÷ list price
Median days on market27Listing to accepted offer
Median price per sq ft$305▲ +35.9% vs. last year

The Canaan housing market right now

In the three months ending August 31, 2026, 27% of homes in Canaan, NH 03741 sold above their list price, the typical home went under contract in 27 days and there were 3.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 15 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (26% then), homes sold faster (38 days then) and the median sale price rose 17% to $454,803. Overall, Canaan is more competitive than a year ago, so tougher for buyers.

Within Grafton County, homes here sell faster than in 97% of the county’s ZIP codes, and sell more often over asking than in 68%. On our competition score, Canaan ranks #68 of 116 NH ZIP codes with enough sales (score 64 out of 100).

Nearby, buyers who want less competition could look at Pike 03780 (0% sold over asking) or Piermont 03779 (0% sold over asking), while Etna 03750 (80% sold over asking) and Lisbon 03585 (50% sold over asking) are even more competitive.

Nearby markets

Ashland 03217Seller’s market $265 /sq ftBath 03740Buyer’s market $253 /sq ftBethlehem 03574Seller’s market $191 /sq ftBristol 03222Seller’s market $348 /sq ft Browse all markets →

Where Canaan is

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Questions about Canaan real estate

Is Canaan a buyer’s or seller’s market?

A seller’s market: there were 3.6 months of supply in Canaan, NH 03741 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Canaan?

The typical home went under contract in 27 days in the latest three months.

Do homes in Canaan sell over asking?

27% of homes sold above their original list price, and the typical sale closed at 100.5% of the list price.

What are property taxes in Canaan?

About 1.72% of a home’s value a year in Grafton County, or roughly $6,880 on a $400,000 home.

What is the median home price in Canaan?

The median sale price was $454,803 in the three months ending August 31, 2026, about $305 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology