Home prices
The value of the median home in Canaan is $148,600. Compared to other places in this area it is approximately $138,000 (48%) lower.Compared to the nation as a whole it is about $68,900 (31%) lower, and in comparison to the city of Worcester it is roughly $78,500 (34%) lower.
Rents
The median monthly rent in Canaan is $740. It is roughly $452 (37%) lower compared to the surrounding areas.It is about $322 (30%) lower compared to the entire nation, and it is about $355 (32%) lower compared to the city of Worcester.
Nearby places
Enfield
Enfield is about 5 miles west from Canaan. Housing prices there are a bit more expensive. The median home cost in Enfield is $187,200, which comes out to $38,600 (20%) higher than Canaan. Rents there are a lot more expensive. Enfield's median rent is $1,263 a month, which comes out to $523 (41%) higher than Canaan.
Lebanon
Lebanon is approximately 10 miles west from Canaan. The housing prices there are substantially more expensive. The median home in Lebanon costs $245,400, which comes out to $96,800 (39%) higher than Canaan. Rents there are a lot more expensive. Lebanon's median rent is $1,098 a month, which comes out to $358 (32%) higher than Canaan.
Hanover
Hanover is roughly 11 miles west from Canaan. Housing prices there are significantly more expensive. The value of the median home in Hanover is $603,700, which comes out to $455,100 (75%) higher than Canaan. Rent there is a lot more expensive. The median monthly rent in Hanover is $1,415, which works out to $675 (47%) higher than Canaan.
Bristol
Bristol is approximately 12 miles east from Canaan. Real estate prices there are a bit more expensive. The median home in Bristol costs $163,200, which is $14,600 (8%) higher than Canaan. Rents there are a bit more expensive. In Bristol the median rent is $830 per month, which is $90 (10%) higher than Canaan.
Wilder
Wilder is about 12 miles west from Canaan. The real estate prices there are substantially more expensive. The median home in Wilder is valued at $233,500, which comes out to $84,900 (36%) higher than Canaan. The rent there is a lot more expensive. Wilder's median monthly rent is $1,355, which works out to $615 (45%) higher than Canaan.
