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.

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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