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Today: September 23, 2025

Current Price

$213,397

1 Month Forecast

$237,571

1-Year Forecast *

$261,217

5-Year Forecast *

$296,104

"Is it a good time to buy homes in Canaan?" "Does investing in real estate in Canaan (Maine State, Somerset County) worth it?" According to our live Forecast System, buying a house in Canaan is a good short-term (1-year) investment*. The Canaan average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Canaan" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Canaan in Maine State, Somerset County. If you are looking for homes for sale with good flipping profit, Canaan can be a profitable property investment option. The median price of an average house in Canaan was 213,397 USD on 2025-09-23. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Canaan" area is 296,104 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +38.76% meaning that investing 100000 USD today may yield a profit of 38,757 USD by 2030.

Current Median Listing Price: 213,397 USD Median Listing Price Per Square Foot: 119 USD

Canaan Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Canaan (Maine State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2025-2031

The long-term housing forecast is based on all the available median listing price recorded up to today.

Canaan Price Target

Canaan median home price target in 12 months: $261,217* (upside of 22.4%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $236,795 $235,323 $235,323 $238,820
2024 $215,918 $213,397 $212,694 $216,587
2023 $206,636 $216,439 $206,636 $216,439
2022 $187,033 $205,484 $187,033 $205,897
2021 $163,725 $184,295 $163,725 $184,295
2020 $134,536 $161,972 $134,536 $161,972
2019 $123,898 $133,454 $123,898 $133,454
2018 $117,012 $123,453 $117,012 $123,453
2017 $111,222 $117,304 $111,222 $118,922
2016 $116,779 $110,620 $110,582 $116,779
2015 $115,607 $117,925 $114,428 $117,925
2014 $117,035 $116,403 $116,403 $120,319
2013 $113,543 $115,942 $113,543 $115,988
2012 $104,434 $112,700 $104,434 $112,700

Questions & Answers about the Canaan Housing Market Forecast

How much does an average home cost in Canaan today?

The value of an average home (the listing price) in Canaan is $213,397 USD.

What is the average price per square foot in Canaan?

According to Walletinvestor the median price per square foot in Canaan is 119 USD.

Will the median listing price of homes in Canaan grow / rise / go up?

Yes. The Canaan home prices may rise from 213,397 USD to 261,217 USD in one year.

Is it profitable to invest in Canaan homes?

Yes. The long-term profit potential is +22.41% in one year.

Will Canaan house prices fall / drop?

No. See above.

What is the predicted price of a Canaan home in 2030?

The predicted home sales price of a Canaan home in 2030 in Canaan is 296,104 USD.

What is the predicted price of a Canaan home in 2035?

The predicted home sales price of a Canaan home in 2035 in Canaan is 372,585 USD.

Will real estate prices decrease in Canaan?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Canaan is the 12592. largest city in the United States, located in Maine State.

During the last 12 months the real estate prices in Somerset, Canaan increased, looking at the past 12 months.

According to Walletinvestor's Canaan real estate market research, home values will increase in the next 12 months.

Median home values increased by 0.331% to 213,397 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 23.219% in 2020
  • 22.679% in 2021
  • 23.759% in 2022
  • 22.929% in 2023
  • 22.849% in 2024
  • 23.019% in 2025

Based on our Canaan real estate market research and report the predicted sales prices will increase by 655.307% in the next 10 years.

Over the last 12 months, the value of homes in Canaan fluctuated: increasing 6 times and decreasing 4 times.

Canaan (Maine) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Canaan Housing Market Forecast with Real Estate Prices for 2025
August 2025 237571 221654 253489
September 2025 239841 222573 257110
October 2025 242133 223731 260535
November 2025 244446 220491 268402
December 2025 246782 229014 264550
Canaan Housing Market Forecast with Real Estate Prices for 2026
January 2026 249140 231451 266829
February 2026 251520 228129 274911
March 2026 253923 236656 271190
April 2026 256349 234816 277883
May 2026 258799 236801 280796
June 2026 261271 242982 279560
July 2026 261217 243193 279241
August 2026 260031 242349 277713
September 2026 259907 239634 280179
October 2026 261364 246466 276261
November 2026 263861 249085 278637
December 2026 266382 242408 290356
Canaan Housing Market Forecast with Real Estate Prices for 2027
January 2027 268927 245530 292324
February 2027 271497 253849 289144
March 2027 274090 247230 300951
April 2027 276709 253742 299676
May 2027 278561 258783 298339
June 2027 278429 255041 301818
July 2027 277038 255983 298093
August 2027 276690 249297 304082
September 2027 277178 263041 291314
October 2027 278002 262990 293015
November 2027 279562 253283 305841
December 2027 281652 263345 299960
Canaan Housing Market Forecast with Real Estate Prices for 2028
January 2028 283854 261145 306562
February 2028 285116 260026 310206
March 2028 286142 266399 305886
April 2028 287415 269308 305522
May 2028 288640 261219 316060
June 2028 289929 275142 304715
July 2028 290752 263422 318083
August 2028 291593 275555 307630
September 2028 292406 266090 318723
October 2028 292824 265006 320643
November 2028 292120 264368 319871
December 2028 291770 271929 311610
Canaan Housing Market Forecast with Real Estate Prices for 2029
January 2029 291990 271550 312429
February 2029 293025 267825 318225
March 2029 292676 271018 314334
April 2029 291643 272395 310892
May 2029 289758 272372 307143
June 2029 289039 265627 312451
July 2029 287894 272060 303728
August 2029 288186 260808 315564
September 2029 288061 259831 316291
October 2029 288846 273248 304443
November 2029 291606 271193 312018
December 2029 292610 275639 309581
Canaan Housing Market Forecast with Real Estate Prices for 2030
January 2030 293455 276141 310769
February 2030 294099 277335 310863
March 2030 293938 275714 312162
April 2030 292417 263175 321658
May 2030 290526 262926 318126
June 2030 293302 271891 314713
July 2030 296104 278930 313278
August 2030 298933 269638 328229
September 2030 301790 278250 325329
October 2030 304673 284260 325086
November 2030 307584 284823 330345
December 2030 310523 290649 330396
Canaan Housing Market Forecast with Real Estate Prices for 2031
January 2031 313490 293426 333553
February 2031 316485 294647 338322
March 2031 319509 300338 338679
April 2031 322561 303208 341915
May 2031 322494 298952 346036
June 2031 321030 290211 351849
July 2031 320877 294886 346868
August 2031 322676 302992 342359
September 2031 325759 298721 352797
October 2031 328871 301246 356496
November 2031 332013 315413 348614
December 2031 335185 311052 359319
Canaan Housing Market Forecast with Real Estate Prices for 2032
January 2032 338388 308271 368504
February 2032 341621 322832 360410
March 2032 343907 312956 374859
April 2032 343745 320026 367463
May 2032 342027 315349 368705
June 2032 341597 323492 359701
July 2032 342199 312428 371970
August 2032 343218 308896 377539
September 2032 345143 323399 366887
October 2032 347724 329990 365458
November 2032 350441 319252 381630
December 2032 352000 330880 373120
Canaan Housing Market Forecast with Real Estate Prices for 2033
January 2033 353267 326065 380469
February 2033 354838 323258 386419
March 2033 356350 330693 382007
April 2033 357942 338971 376912
May 2033 358958 336703 381214
June 2033 359996 332276 387716
July 2033 361000 333925 388075

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.