Canaan, Troy, NY
Canaan — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Canaan, Troy, New York. Explore the cited sources and local facts below while agent underwriting continues.
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Canaan Neighborhood Overview
Canaan is a residential neighborhood in the northeast corner of Troy, NY, offering a quiet, suburban-like atmosphere. It is known for its well-kept homes, tree-lined streets, and strong sense of community, providing a peaceful retreat just minutes from downtown.
Housing & Real Estate
The neighborhood primarily features single-family homes, many with spacious yards, reflecting its mid-20th century development. With a median home value of approximately $227,400, Canaan offers relative affordability within the Capital Region's housing market.
Schools & Education
Canaan is served by the Enlarged City School District of Troy, with students typically attending School 14 for elementary grades. The area is also in close proximity to several private and parochial school options, as well as nearby colleges like RPI and HVCC.
Parks & Recreation
Frear Park, a large city park with golf, tennis, walking trails, and playgrounds, serves as the neighborhood's primary recreational hub. Residents also enjoy easy access to the nearby Poestenkill Gorge and outdoor activities along the Hudson River.
Local Dining & Shopping
While primarily residential, Canaan is a short drive from major retail corridors like Hoosick Street (Route 7) for big-box stores and supermarkets. For dining and boutique shopping, residents often head to downtown Troy's vibrant restaurant and retail scene.
Who Lives Here
Canaan is a family-oriented neighborhood with a mix of long-time residents and professionals. The area boasts a median household income around $80,000, indicating a stable, middle-class community with many working in education, healthcare, and technology sectors.
Canaan Market Data
| Metric | Value |
|---|---|
| Median Home Price | $227K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $80K |
| Homeownership Rate | 83.3% |
| Renter-Occupied | 16.7% |
| Rental Vacancy Rate | 11.3% |
| Market Type | Buyer's |
| Primary ZIP Code | 03741 |
Top Real Estate Agents in Canaan, Troy
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Canaan, Troy, NY. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: New York Department of State Division of Licensing Services — 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 2026-10-15