Commercial Real Estate Market in Canaan, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
4 active listings and 61 off-market properties in Canaan, NY.
Market Trends
Canaan, NY spans 20.8 square miles in Columbia County, New York. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Canaan, NY runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Canaan, NY runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Canaan, NY runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Canaan, NY asks $230/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Agricultural 90.8%
- Residential 2.1%
- Commercial 1.7%
- Industrial 1.1%
Largest Zones share of zoned land by district
Rural Density 2 And 5 Acre Zones
Medium Density 2 And 5 Acre Zones
Mobile Homes 2 And 5 Acre Zones
General Commercial
Light Industrial
General Commercial (C-2)
C-2 General Commercial C-3 Light Industrial B. ZONING MAP: The foregoing districts are bounded as shown on a map entitled "Zoning Map, Town of Canaan, New York", which map and the description of boundaries with the explanatory matters thereon, are attached to APPENDIX There to. C. INTERPRETATION OF LOCATION OF DISTRICT BOUNDARIES : Where uncertainty exists w…
Market overview
Demographics & Economy
Canaan, NY has 1,029 residents in 755 households. Density runs 49 people per square mile. Median household income here is $104,167 and median gross rent $1,431 a month.
1,029
Population
755
Households
1.4
Avg Household Size
53
Median Age
47%
College-Educated
98%
High-School Grad
20.8 sq mi
ZIP Area
49
Density / Sq Mi
$104,167
Median Household Income
$58,073
Median Earnings
$1,431
Median Rent
$374,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Richmond | — | — |
| Red Rock | — | — |
| West Stockbridge | — | — |
| West Lebanon | — | — |
Commercial property in Canaan, NY asks $283/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Canaan?
Commercial property in Canaan, NY asks an average of $283 per square foot. Multifamily carries the highest asking price at $230/SF.
Where does Realmo's Canaan market data come from?
Realmo compiles Canaan, NY figures from 3 active sale listings, 1 active lease listings, 61 tracked off-market properties, the current Canaan zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 3 active for-sale and 1 active for-lease listings in Canaan, NY. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 38,656 zoned acres across 7 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
