Comprehensive market data and analysis• Updated Oct 2026
9.8 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | 2 | 2 |
| 2-5 acres | 1 | 2 | 2 | 4 |
| 5-10 acres | - | 2 | 2 | 2 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 4 | 6 | 8 |
Acreage buckets
The median price for land in New Canaan, Connecticut is currently $553K per acre. For a typical parcel, the median sale price is $1.6M. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $800K while premium lots reached $2.2M.
New Canaan, Connecticut is currently a buyer's market with 9.8 months of supply. Buyers have more negotiating power and can take time to find the right property.
New Canaan, Connecticut currently has 9.8 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
Land in New Canaan, Connecticut averages $647K per acre. The median price per acre is $553K, which may be more representative of typical transactions. Most parcels sold are around 3.7 acres.
There are currently 13 active listings in New Canaan, Connecticut. 1 new listings have hit the market in the last 90 days. The median asking price is $1.7M.
The current absorption rate in New Canaan, Connecticut is 10.3% (3-month basis), indicating moderate demand. The top-performing broker in this market is Brown Harris Stevens.
Land in New Canaan, Connecticut typically sells within 341 days of listing. The median time on market is 254 days. Properties are moving slowly in the current buyer's market.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in New Canaan on LandyDandy.
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