ZIP Code Market Report
04924 — Canaan, ME
Data through February 2026 · Updated monthly
Avg Home Value
$233,627
▲ 7.2% year-over-year
Month-over-Month
+0.8%
▲ 0.8%
Single Family
$228,383
Condo / Co-op
--
The average home value in the 04924 ZIP code (Canaan, Maine) is $233,627 as of February 2026. Home prices are rising, up 7.2% compared to last year.
A 3-bedroom home in 04924 is valued at $269,730.
This report is part of the Somerset County market area in Maine. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Somerset County report.
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Market Snapshot
04924 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $228,980 | $231,693 | $233,627 | ▲ 2.0% |
| Single Family Value | $217,370 | $223,344 | $228,383 | ▲ 5.1% |
Home Values
04924 Home Value Trend
Historical home values for ZIP code 04924. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
By Bedroom
What Homes Cost in 04924
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 3 Bedrooms | $269,730 |
Property Types
Home Values by Property Type in 04924
How different property types compare in this ZIP code.
All Homes
$233,627
Single Family
$228,383
Top Tier
$334,550
Data Sources and Methodology
Home value data for ZIP code 04924 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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