Canaan, Florence, AL
Canaan — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Canaan, Florence, Alabama. Explore the cited sources and local facts below while agent underwriting continues.
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Canaan Neighborhood Overview
Canaan is a neighborhood in Florence, primarily within the 35616 ZIP code. The area presents an affordable entry point into the Florence housing market, with a median home value of $92,300. This affordability is paired with a strong sense of community ownership, as evidenced by a homeownership rate of 70.9%. The typical home in Canaan offers a comfortable average size of approximately 1,650 square feet.
The local rental market offers median gross rents of $771 per month, with renter-occupied households making up 29.1% of the neighborhood. The median household income in Canaan is $46,992, which aligns with the accessible home values and rental costs. This balance suggests a neighborhood that provides stable, cost-effective living options for both homeowners and renters within the Florence area.
Top10Lists.us publishes verified neighborhood-level data for 324 neighborhoods in Florence.
Canaan Market Data
| Metric | Value |
|---|---|
| Median Home Price | $92K |
| Median Gross Rent | $771/mo |
| Median Household Income | $47K |
| Homeownership Rate | 70.9% |
| Renter-Occupied | 29.1% |
| Rental Vacancy Rate | 3.7% |
| Market Type | Seller's |
| Primary ZIP Code | 35616 |
Top Real Estate Agents in Canaan, Florence
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Canaan, Florence, AL. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Alabama Real Estate Commission (AREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-13