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Cannon Falls

Why you'd want to live in Cannon Falls

Living in Cannon Falls, Minnesota is appealing for anyone who values small-town charm, scenic surroundings, and a welcoming community atmosphere with easy access to larger cities. Nestled along the Cannon River and surrounded by rolling bluffs, parks, and trails, the area offers abundant opportunities for outdoor recreation, from hiking and biking to fishing and kayaking, making nature part of everyday life. Cannon Falls maintains a relaxed pace while still providing local restaurants, shops, schools, and community events that foster strong connections among residents. Its location between the Twin Cities and Rochester allows for a manageable commute to major employment and healthcare hubs while returning home to a quieter, more peaceful environment. For those seeking space, character, and community pride alongside regional accessibility, Cannon Falls offers a balanced and rewarding place to put down roots.

Cannon Falls Market Report

$467,856

AVERAGE PRICE OF 54 HOMES

$1,762,250

AVERAGE PRICE OF 4 MULTI-MILLION DOLLAR HOMES

$543,508

AVERAGE PRICE OF 5 NEWLY BUILT HOMES

$1,462,500

AVERAGE PRICE OF 2 HOMES WITH A POOL

$293,333

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

Average Home

Average Price $467,856
Avg Bedrooms 1.96 beds
Avg Bathrooms 1.54 baths

Average Price by Bedrooms

2 bedrooms $280,160
3 bedrooms $403,477
4 bedrooms $754,699
5 bedrooms $830,950
Cannon Falls Home Price Trends
  4/2026 3/2026 2/2026 1/2026 12/2025
Total Listings 48 36 49 50 50
Average Price $474,492 $535,672 $404,885 $420,126 $454,297
Avg Price Change -12.89% +32.30% -3.76% -8.13% +8.97%
Median Price $388,600 $416,124 $312,062 $330,920 $420,013
Med Price Change -7.08% +33.35% -6.04% -26.92% +12.39%
Avg Bedrooms 1.77 beds 2.25 beds 1.86 beds 1.92 beds 2.06 beds
Avg Bathrooms 1.46 baths 1.71 baths 1.24 baths 1.32 baths 1.42 baths
Total Homes Average Price Avg Days on Site
All Homes 54 $467,856 165 days
Multi-Million Dollar Homes 4 $1,762,250 141 days
Newly Built Homes 5 $543,508 156 days
Homes with a Pool 2 $1,462,500 53 days
Reduced Price Homes 3 $293,333 212 days
Patty Zuzek Mn, Wi Broker
801 Cliff Rd E # 135
Burnsville, MN 55337
952-985-7253

Based on information submitted to the MLS GRID as of May 10, 2026 9 PM. All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.
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