Housing in Cannon Falls, MN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — December 2025

Median Sale Price

$345,748

Median List Price

$295,000

Price Per Sq Ft

$206

Days on Market

110

Active Inventory

16

Months of Supply

3.2

Seller's market

Zillow Home Value

$278,265

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 33.0%List Price 26.2%Mar 24Dec 25

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Sale-to-List Ratio

97.0%

Buyer's market

Sold Above Asking
0.0%
Listings with Price Drops
6.3%

Market Activity

Source: Redfin

Homes Sold

5

New Listings

1

Homes Sold 0.0%New Listings 66.7%Pending 400.0%Mar 24Dec 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$206

Median List $/SF

$223

Sale $/SF 17.7%List $/SF 60.4%Mar 24Dec 25

Cannon Falls vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Cannon Falls is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$262,100

Median Rent

$983

Total Housing Units

2,037

Vacancy Rate

8.7%

Owner Occupied

74.8%

Renter Occupied

25.2%

Median Property Tax

$2,802

per year

Monthly Cost (w/ Mortgage)

$1,503

Housing Types

Single Family
68.1%
Multi-Family
24.7%
Mobile Home
7.2%

The current median sale price in Cannon Falls, MN is $345,748 according to Redfin data. Homes spend a median of 110 days on the market. 0.0% of homes sold above asking price. The market has 3.2 months of supply. The median price per square foot is $206. The median rent is $983 per month (Census ACS). About 74.8% of housing units are owner-occupied. The median year homes were built is 1969. There are 2,037 total housing units.