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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

$506,377

AVERAGE PRICE OF 47 HOMES

$1,697,000

AVERAGE PRICE OF 2 MULTI-MILLION DOLLAR HOMES

$473,982

AVERAGE PRICE OF 9 NEWLY BUILT HOMES

$1,387,967

AVERAGE PRICE OF 3 HOMES WITH A POOL

$550,000

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $506,377
Avg Bedrooms 2.89 beds
Avg Bathrooms 2.26 baths

Average Price by Bedrooms

2 bedrooms $310,880
3 bedrooms $405,833
4 bedrooms $544,773
5 bedrooms $874,850
Cannon Falls Home Price Trends
  9/2026 8/2026 7/2026 6/2026 5/2026
Total Listings n/a 60 58 n/a n/a
Average Price n/a $459,657 $469,347 n/a n/a
Avg Price Change n/a -2.11% n/a n/a n/a
Median Price n/a $411,242 $428,642 n/a n/a
Med Price Change n/a -4.23% n/a n/a n/a
Avg Bedrooms n/a 2.43 beds 2.35 beds n/a n/a
Avg Bathrooms n/a 1.9 baths 1.8 baths n/a n/a
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 47 $506,377 231 days
Multi-Million Dollar Homes 2 $1,697,000 126 days
Newly Built Homes 9 $473,982 104 days
Homes with a Pool 3 $1,387,967 117 days
Reduced Price Homes 1 $550,000 57 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 October 16, 2026 12 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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