Market Overview
Home Prices in Canterbury, CT
The median home value in Canterbury, CT is $419,493 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.8% compared to a year ago and up 6.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Canterbury are priced2% above average. Canterbury is part of the Worcester, MA-CT metro area.
Over the past five years, Canterbury home values have risen by approximately39.4%, reflecting strong long-term appreciation in this market.
Price History
Canterbury Home Price Trend
City Comparison
Canterbury vs. National Median
At $419,493, homes in Canterbury cost 2% above the national median of $410,000. Buyers in Canterbury should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Canterbury?
20% Down Payment
$83,899
on $419,493
Monthly P&I
$2,188/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,779/mo
incl. taxes & insurance
Income Needed
$111,160
gross annual (30% rule)
10% Down Option
$41,949
+ PMI applies
Loan Amount (20% dn)
$335,594
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Canterbury, CT?
The median home value in Canterbury is $419,493 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.8% year-over-year.
How much have home prices changed in Canterbury?
Over the past year, home values in Canterbury have increased by 5.8%. Over five years, prices have risen approximately 39.4%.
How much do I need to earn to buy a home in Canterbury?
To comfortably afford the median home price of $419,493 with a 20% down payment ($83,899) at today's rates (6.8%), you'd need a gross annual income of approximately $111,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Canterbury compare to the national average home price?
The national median home value is approximately $410,000. At $419,493, homes in Canterbury are 2% above the national average.
What metro area is Canterbury part of?
Canterbury is part of the Worcester, MA-CT metropolitan area. Home prices and market conditions can vary across the broader metro region.