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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

$528,193

AVERAGE PRICE OF 53 HOMES

$1,509,750

AVERAGE PRICE OF 4 MULTI-MILLION DOLLAR HOMES

$469,376

AVERAGE PRICE OF 10 NEWLY BUILT HOMES

$1,387,967

AVERAGE PRICE OF 3 HOMES WITH A POOL

$932,500

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $528,193
Avg Bedrooms 2.87 beds
Avg Bathrooms 2.25 baths

Average Price by Bedrooms

2 bedrooms $308,380
3 bedrooms $396,341
4 bedrooms $603,795
5 bedrooms $817,743
Cannon Falls Home Price Trends
  8/2026 7/2026 6/2026 5/2026 4/2026
Total Listings 60 58 n/a n/a 48
Average Price $459,657 $469,347 n/a n/a $474,492
Avg Price Change -2.11% n/a n/a n/a -12.89%
Median Price $411,242 $428,642 n/a n/a $388,600
Med Price Change -4.23% n/a n/a n/a -7.08%
Avg Bedrooms 2.43 beds 2.35 beds n/a n/a 1.77 beds
Avg Bathrooms 1.9 baths 1.8 baths n/a n/a 1.46 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 53 $528,193 217 days
Multi-Million Dollar Homes 4 $1,509,750 184 days
Newly Built Homes 10 $469,376 85 days
Homes with a Pool 3 $1,387,967 84 days
Reduced Price Homes 2 $932,500 120 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 September 13, 2026 6 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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