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These days, finding an affordable place to live in the South Canaan area can be challenging. Home prices in South Canaan are now at a median cost of $304,936, higher than the Pennsylvania average of $288,156.
The average cost of rent is $920/mo in South Canaan, primarily driven by the current value of real estate in the South Canaan area. In South Canaan, 20.94% of households rent, and 43.54% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in South Canaan is $6,028 per month. Households that rent pay about 15.26% of their income on rent here. South Canaan’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Whites Crossing, PA: less expensive homes
- Waymart, PA: less expensive homes
- Cortez, PA: less expensive homes
- Prompton, PA: less expensive homes
- Pink, PA: less expensive homes
- Childs, PA: less expensive homes
- Carbondale, PA: less expensive homes
- Marshwood, PA: equally priced homes
- Lake Ariel, PA: less expensive homes
- Mayfield, PA: less expensive homes
Cities with Similar Populations
- Ninemile Corner, CO: higher priced homes
- New Albany, KS: less expensive homes
- New Centerville, PA: less expensive homes
- New Chicago, MT: higher priced homes
- New Glasgow, VA: less expensive homes
- New Hartford, MN: equally priced homes
- New London, WA: equally priced homes
- New Philadelphia, IN: less expensive homes
- New Roe, KY: less expensive homes
- New Swanzy, MI: less expensive homes
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