Falls Village
108 Main St, Falls Village, CT 06031
Living in Canaan, Connecticut
Canaan is a rural town in the Northwest Hills of Litchfield County, on the Housatonic River near the Massachusetts and New York state lines. Its town center, known locally as Falls Village, kept its 19th-century Main Street largely intact, and the Appalachian Trail crosses the river there on a footbridge.
Canaan at a glance
- $645,000Median single-family sale, Oct 2024 – Sep 2025
- 23.81 millsReal estate tax rate, fiscal year 2026–27
- 25–30 minDrive to Torrington
- LitchfieldCounty · Northwest Hills
Canaan's villages and zip codes
Canaan has 2 villages or sections. Whatever the mailing address says, they're all part of the Town of Canaan for property taxes and town services.
| Area | Zip code | Where it is |
|---|---|---|
| Falls Village | 06031 | The town center along the Housatonic River, with a Main Street of 19th-century Greek Revival, Italianate, Second Empire and Queen Anne buildings. |
| South Canaan | 06031 | A section of town south of the Falls Village center. |
Canaan covers about 33.24 square miles and borders North Canaan, Norfolk, Cornwall and Salisbury. It was incorporated in 1739.
Things to do in Canaan, CT
Start with Appalachian Trail river crossing and Falls Village Historic District, then 1 more below.
Appalachian Trail river crossing
The Appalachian Trail crosses the Housatonic River in Falls Village on a footbridge, one of the trail's few water-level crossings in Connecticut. It's a common day-hike access point in both directions.
Falls Village
Falls Village Historic District
Main Street preserves Greek Revival, Italianate, Second Empire and Queen Anne buildings from the village's 19th-century development around the Housatonic River's water power.
Main St, Falls Village
Housatonic River access
Several points in and around Falls Village give access to the river for fishing, canoeing and kayaking below the dam.
Falls Village
A little history
Canaan was incorporated in 1739, taking its name from the biblical Canaan.
Falls Village grew around water power from the Housatonic River, and its Main Street today preserves buildings from that 19th-century mill-village era in Greek Revival, Italianate, Second Empire and Queen Anne styles.
The Appalachian Trail crosses the Housatonic River at Falls Village on a footbridge, a well-known landmark crossing for the trail in Connecticut.
Parks, trails and outdoors in Canaan
The Housatonic River is the center of outdoor recreation in Canaan, with fishing and paddling access in Falls Village and a stretch of the Appalachian Trail crossing the river on a footbridge.
- Housatonic RiverFishing, canoeing and kayaking access near Falls Village.
- Appalachian TrailCrosses the Housatonic River at Falls Village on a footbridge, with trail access north and south.
Walkability and getting around Canaan
Falls Village's Main Street is walkable for a few blocks past the historic storefronts and the river, but the rest of Canaan is rural and spread along state routes, so a car is needed to get around.
Drive times
- Torrington, about 17 miles25–30 min
Approximate, without traffic.
By bus or train
Canaan has no fixed-route public transit. U.S. Route 7 runs north–south through Falls Village, connecting to Norfolk and Cornwall.
Canaan property taxes and home prices
Canaan's 2026–27 mill rate is 23.81, which is $23.81 of tax for every $1,000 of assessed value. Connecticut taxes a home at 70% of its appraised value, so every $100,000 of value costs about $1,667 a year in taxes at 23.81 mills.
What homes in Canaan sell for
| 12 months ending | Single-family | Condo |
|---|---|---|
| Sep 2024 | $617,50016 sales | – |
| Sep 2025 | $645,00012 sales | – |
October to September, state records. Text us for this month's sales.
Canaan's mill rate for 2026–27
23.81mills, fiscal year 2026–27
- Town of Canaan23.81 mills
- Motor vehicles23.81 mills
- Next revaluationOctober 1, 2027
How Canaan's mill rate has changed
| Fiscal year | Town rate |
|---|---|
| 2022–23 | 25.70 |
| 2023–24 | 21.00 |
| 2024–25 | 22.00 |
| 2025–26 | 22.44 |
| 2026–27 | 23.81 |
Canaan's town rate went from 25.70 in 2022–23 to 23.81 in 2026–27. Next revaluation: October 1, 2027.
Look up a Canaan property
- FEMA flood mapWhether a lender will require flood insurance
- Town ClerkLand records, deeds and vital records
- Assessor's officeQuestions about an assessment
Buying a home in Canaan
What we check on a Canaan purchase: CHFA limits, the flood map and river proximity.
First-time buyer programs in Canaan
CHFA sets Canaan's income and price limits for Litchfield County. We check them with you before you shop.
See CHFA's limits mapCheck the flood zone first
The Housatonic River forms Canaan's western edge, and low ground near the river in Falls Village lies within FEMA-mapped flood zones. We check FEMA's map before you offer.
FEMA's flood map for CanaanCheck the flood map near the Housatonic
The Housatonic River runs along the west side of town through Falls Village, and land near it can fall within FEMA flood zones. We check the flood map for any property near the river before you make an offer.
All loans are subject to credit approval, underwriting, and property and program requirements. CHFA and USDA limits and eligibility are set by those agencies and change from time to time.
Thinking about buying in Canaan?
Send us a Canaan address and we'll run the numbers, taxes included.
Moving to Canaan: utilities, trash and town offices
Who to call in Canaan: Eversource for power.
- ElectricEversource
- Trash and recyclingCheck the Canaan/Falls Village town website for current trash and recycling collection details.
Town offices and contacts
Canaan Town Hall is at 108 Main St, Falls Village, CT 06031. Main line: (860) 480-7568. Each link opens that office's page on the town's website.
- Town HallMain line and town website(860) 480-7568
- Town ClerkVital records, land records and elections.(860) 480-7568
- AssessorProperty values and assessments.
- Tax CollectorProperty tax billing and collection.
- Building DepartmentBuilding permits and inspections.
- Planning & ZoningLand use and zoning review.
- Region 1 school districtRegional School District 1 (Canaan, Cornwall, Kent, North Canaan, Salisbury, Sharon).
Canaan, CT FAQ: taxes, prices and town services
The short answers. Call or text us for the long ones.
What is the mill rate in Canaan, CT?
Canaan's 2026–27 mill rate is 23.81, which is $23.81 of tax for every $1,000 of assessed value. The motor vehicle rate is 23.81 mills.
How much are property taxes on a $500,000 home in Canaan?
Connecticut assesses homes at 70% of appraised value, so a $500,000 home would be assessed at about $350,000. At 23.81 mills that's about $8,334 a year, or about $694 a month. The actual bill depends on the town assessor's appraisal, not the price you pay.
What is the median home price in Canaan, CT?
In the 12 months from October 2024 through September 2025, the median single-family sale in Canaan was $645,000 across 12 sales, compared with $617,500 the year before.
When is Canaan's next revaluation?
Canaan's next revaluation takes effect October 1, 2027, on the state's schedule. The new assessments first show up on the tax bills due in July 2028.
What county is Canaan in?
Litchfield County, in the Northwest Hills.
What is the zip code for Canaan?
06031 (Falls Village).
Is there public transit in Canaan?
No fixed-route transit serves the town.
How far is Canaan from Torrington?
About 17 miles, roughly 25–30 minutes by car.
Does the Appalachian Trail pass through Canaan?
Yes, it crosses the Housatonic River at Falls Village on a footbridge.
Towns near Canaan
Neighbors of Canaan in Litchfield County and nearby. All Litchfield County towns.
Sources
- Mill rates: Connecticut Office of Policy and Management, "Mill Rates for FY 2014–2027," data.ct.gov. Revaluation year: OPM, Revaluation Schedule 2023–2037.
- Home sales: "Real Estate Sales 2001–2024 GL," data.ct.gov. Medians use Canaan sales recorded October 1 to September 30, leaving out sales the town flagged as non-market.
- Canaan, Connecticut - Wikipedia: en.wikipedia.org
- Canaan / Falls Village, CT - Departments & Offices: canaanfallsvillage.org
- Town Clerk & Registrar of Vital Statistics | Canaan / Falls Village, CT: canaanfallsvillage.org
- Walkability: Walk Score®, Bike Score® and Transit Score®, provided live by Walk Score.
- Checked September 25, 2026.