The Cannon Falls housing market is not very competitive. The median sale price of a home in Cannon Falls was $310K last month, down 15.1% since last year. The median sale price per square foot in Cannon Falls is $157, down 19.0% since last year.
What is the housing market like in Cannon Falls today?
In October 2024, Cannon Falls home prices were down 15.1% compared to last year, selling for a median price of $310K. On average, homes in Cannon Falls sell after 76 days on the market compared to 34 days last year. There were 5 homes sold in October this year, up from 5 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$310,000
-15.1% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Cannon Falls, MN
$310,000
-15.1%
United States
To compare other locations to the Cannon Falls and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Cannon Falls add value to a home.
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How hot is the Cannon Falls housing market?
Cannon Falls is not very competitive. Homes sell in 24.5 days.
0
100
26
Not Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Multiple offers are rare.
The average homes sell for about 3% below list price and go pending in around 25 days.
Hot homes
can sell for about 1% above list price and go pending in around 12 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Cannon Falls housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Cannon Falls.
Flood Factor - Major
21% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Cannon Falls has a major risk of flooding. 344 properties in Cannon Falls are likely to be
severely affected
by flooding over the next 30 years. This represents 21% of all properties in Cannon Falls. Flood risk is increasing slower than the national average.
92% of properties are at risk of wildfire over the next 30 years
Fire Factor
Cannon Falls has a moderate risk of wildfire. There are 1,923 properties in Cannon Falls that have some risk of being affected by wildfire over the next 30 years. This represents 92% of all properties in Cannon Falls.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Cannon Falls has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Cannon Falls is most at risk from tornadoes. 2,074 properties in Cannon Falls have some risk of being in a severe wind event within the next 30 years.