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Cannon Falls, MN Foreclosures

Current Market Conditions in in Cannon Falls, MN As of April 2026?
Over the past month, Cannon Falls has witnessed increased buyer activity, with home sales rising by approximately 10%. This surge is attributed to seasonal demand combined with the appeal of the area's characteristics, such as a strong community presence and nearby amenities. The increase in sales has resulted in a slight uptick in prices, indicating a competitive market. Sellers are taking advantage of current conditions, as inventory levels remain stable but low compared to buyer interest.
How much do homes sell for in Cannon Falls, MN?
The average home price is currently $457,062.
In Cannon Falls, MN, how many homes are available?
There are currently 4 active home listings available in Cannon Falls.
What’s the average rental cost in Cannon Falls, MN?
The average rental price in Cannon Falls is $1,626.
What is the most expensive home in Cannon Falls?
The most expensive home sold in Cannon Falls had a price of $9,107,083.
What is currently the cheapest priced home in Cannon Falls, MN?
The cheapest home for sale in Cannon Falls is priced at $11,315.

Living in Cannon Falls, MN

Cannon Falls, MN, is a quaint small town known for its natural beauty and friendly community. Located along the Cannon River, it offers ample outdoor recreational activities, a rich cultural experience with local shops and eateries, and quality education through its school district. Residents enjoy a peaceful lifestyle surrounded by scenic landscapes and engaging community events.

Buyer vs Seller Market in Cannon Falls, MN

The real estate market in Cannon Falls has shown a steady increase in demand over recent months, with a noticeable rise in home values as more people seek out the charm of small-town living. The combination of affordability and quality of life attracts new residents, particularly families and retirees looking to escape bigger city life.

Currently, homes in Cannon Falls are selling at a faster pace, with multiple offers becoming more common. The market is characterized by a mix of traditionally built homes and new constructions, appealing to diverse buyer preferences. As the region grows, new developments are estimated to continue this upward trend in home sales.

Home Value Estimator For Cannon Falls, MN

There are currently 3,480 real estate properties in Cannon Falls, MN, with a median automated valuation model (AVM) price of $375,275.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cannon Falls, MN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Cannon Falls, MN, is $457,062.00, with the most expensive house in Cannon Falls, MN, topping out at $9,107,083.00 and the cheapest home in Cannon Falls, MN, clocking in at $11,315.00. In other words, there’s something for every potential homebuyer or savvy investor in Cannon Falls, MN!

Rent Prices In Cannon Falls, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cannon Falls, MN, is on a rollercoaster ride. The average rent price in Cannon Falls, MN, is $1,626.00. Indeed, when looking to rent in Cannon Falls, MN, you can expect to pay as little as $630.00 or as much as $2,720.00, with the average rent median estimated to be $1,600.00. The good news is that finding an affordable and desirable property to rent in Cannon Falls, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Cannon Falls, MN Search Results


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