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Cannon Falls, MN

Balanced market-21.6% YoY

Housing market overview · Updated weekly

$244,900median sale price

Homes sold

3

Last 12 weeks

Days on market

81

Average pace

Active listings

11

3.7 months supply

Sale-to-list

98.2%

Below asking

The Cannon Falls housing market is currently classified as a balanced market with a median sale price of $244,900. Prices have fallen 21.6% compared to last year, with homes spending an average of 81 days on market, indicating 3.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Cannon Falls

There are currently 11 homes listed for sale in Cannon Falls, Minnesota. The median listing price is $397K. Featured listings range from $75,000 to $675,000.

land for sale at 6729 Ridgewood Dr Cannon Falls - $75,000
$75,000

6729 Ridgewood Dr

Cannon Falls, MN

0 ba
Land7,841 sqft lot
More about this property
land for sale at 6721 Ridgewood Dr Cannon Falls - $75,000
$75,000

6721 Ridgewood Dr

Cannon Falls, MN

0 ba
Land8,712 sqft lot
More about this property
land for sale at 6713 Ridgewood Dr Cannon Falls - $75,000
$75,000

6713 Ridgewood Dr

Cannon Falls, MN

0 ba
Land7,841 sqft lot
More about this property
land for sale at 6695 Ridgewood Dr Cannon Falls - $82,000
$82,000

6695 Ridgewood Dr

Cannon Falls, MN

0 ba
Land8,276 sqft lot
More about this property
land for sale at 6818 Timberview Ct Cannon Falls - $98,000
$98,000

6818 Timberview Ct

Cannon Falls, MN

0 ba
Land14,810 sqft lot
More about this property
land for sale at 6814 Timberview Ct Cannon Falls - $101,000
$101,000

6814 Timberview Ct

Cannon Falls, MN

0 ba
Land23,522 sqft lot
More about this property
land for sale at L1b1 Country 24 Blvd Cannon Falls - $154,900
$154,900

L1b1 Country 24 Blvd

Cannon Falls, MN

0 ba
Land2.57 acres
More about this property
land for sale at L2b1 County 24 Blvd Cannon Falls - $164,900
$164,900

L2b1 County 24 Blvd

Cannon Falls, MN

0 ba
Land2.18 acres
More about this property
land for sale at L2b2 County 24 Blvd Cannon Falls - $195,000
$195,000

L2b2 County 24 Blvd

Cannon Falls, MN

0 ba
Land2.25 acres
More about this property
land for sale at L1b2 County 24 Blvd Cannon Falls - $195,000
$195,000

L1b2 County 24 Blvd

Cannon Falls, MN

0 ba
Land2.15 acres
More about this property
5 bedroom house for sale at 32420 59th Avenue Way Cannon Falls - $589,000
$589,000

32420 59th Avenue Way

Cannon Falls, MN

5 bd3 ba2,479 sqft
House1.09 acres
More about this property
4 bedroom house for sale at 29555 Friendly Ave Cannon Falls - $675,000
$675,000

29555 Friendly Ave

Cannon Falls, MN

4 bd4 ba3,408 sqft
House1.26 acres
More about this property

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Active listings

11

Homes on market

Median list price

$397K

Avg. days on market

81

Days until sale

New this week

4

Newly listed

Price drops:18.2%of listings
Sale-to-list:98.2%

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Frequently asked questions

What is the average home price in Cannon Falls?

The median home sale price in Cannon Falls is $244,900, down 21.6% from last year.

How long do homes stay on market in Cannon Falls?

Homes typically spend 81 days on market before going under contract.

Is Cannon Falls a buyer's or seller's market?

With 3.7 months of supply, Cannon Falls is currently a balanced market.

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