Municipal rate
0.25%
Median home sale
$297,000
Conveyance tax at the median
$2,970
Home sales, 2024–25
29

What North Canaan charges

North Canaan charges the base municipal conveyance tax of 0.25% of the sale price, the rate most Connecticut towns charge.

The state adds its own tax on top. For a home or condominium it is 0.75% of the first $800,000 of the price, 1.25% of the portion from $800,000 to $2,500,000, and 2.25% of anything above that — see how the brackets work. In most Connecticut residential sales the seller pays both, unless an exemption or a contract term says otherwise; see who pays the conveyance tax.

On North Canaan’s median home sale of $297,000, that is $2,228 to the state and $743 to the town, or $2,970 in all.

Home sale prices in North Canaan

29 single-family homes and condominiums sold at arm's length in North Canaan between October 2024 to September 2025. The median was $297,000, and the middle half of sales fell between $240,000 and $340,000.

TypeSalesMedian
Single-family29$297,000
Condominium0Too few

The median moved from $150,000 in the 2015 list year to $297,000 in 2024, a change of +98 percent.

Median home sale price in North Canaan, by year The median sale price of single-family homes and condominiums in North Canaan, by assessment list year, from $150,000 in 2015 to $297,000 in 2024. A year is left blank when the town reported fewer than 5 sales, or none, which is usual in its revaluation year. $0 $200k $400k 2015201820212024 $297,000 Median sale price
Median single-family and condominium sale, North Canaan, by list year (a list year runs October to September). Arm’s-length sales only. A break in the line is a year the town reported no sales to the state, usually its revaluation year. Source: Connecticut Office of Policy and Management sales data.

1 of the 2024–25 sales were priced above $800,000, where the state rate on the portion above rises to 1.25%.

Run sale by sale at today’s rates, North Canaan’s 2024–25 home sales carried an estimated $95,629 in conveyance tax: $72,116 to the state and $23,513 to the town. That ranks 154 of the state’s 169 towns. The town-by-town study has every town and how the estimate is built.

Nearby towns

TownMunicipal rateMedian saleTax at median
Canaan0.25%$645,000$6,450
Norfolk0.25%$344,500$3,445
Salisbury0.25%$725,000$7,250
North Canaan in dark green, the towns next to it in light green. Every town on the map opens its own page. Boundaries: U.S. Census Bureau 2023 cartographic boundary file, public domain.

Common questions

What is the conveyance tax in North Canaan, CT?
North Canaan charges the base municipal conveyance tax of 0.25% of the sale price, the rate most Connecticut towns charge. The state adds its own tax on top: for a home or condominium, 0.75% of the first $800,000 of the price, 1.25% of the portion from $800,000 to $2,500,000, and 2.25% above that.
How much is the conveyance tax on a typical North Canaan home sale?
On North Canaan's median single-family or condominium sale of $297,000, the state and town conveyance tax comes to $2,970: $2,228 to the state and $743 to the town.
What do homes sell for in North Canaan, CT?
The median arm's-length single-family or condominium sale in North Canaan was $297,000 between October 2024 to September 2025. The middle half of sales fell between $240,000 and $340,000.
Who pays the conveyance tax when a home sells in North Canaan?
In most Connecticut residential sales the seller pays both the state and the municipal conveyance tax, unless an exemption, a special rule or a contract term says otherwise.

Sources

Sale prices are single-family and condominium sales with no assessor non-use code, which leaves out family transfers, foreclosures and other sales that are not at a market price. Tax figures apply today’s rates. Data last updated by the state on 2026-08-12.

General information about Connecticut real estate transactions, not legal advice. Every transaction is different.