Cannon Falls, MN Housing Market: Median Home Price, Days on Market & Forecast

2025 to 2026 market report with pricing, selling speed, supply, and buyer timing insights

$346K

Median Sale Price

110

Days on Market

3.4

Months of Supply

Balanced Market

Market Type

Low Transaction Volume

Cannon Falls has fewer than 10 home sales per month. Market data may be less reliable due to limited transactions. Consider viewing data for nearby larger markets for more stable trends.

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Best Time to Buy by Property Type in Cannon Falls

Cannon Falls is a Balanced Market

Market conditions in Cannon Falls favor neither buyers nor sellers significantly.

Market Dashboard

Detailed Market Statistics

Price Statistics

Median Sale Price $346K
Median List Price $295K
Price per Sq Ft $207

Sales Activity

Homes Sold (Monthly) 5
New Listings 1
Sale-to-List Ratio 97.0%

Inventory & Timing

Active Inventory 17
Months of Supply 3.4
Days on Market 110 days
0

Best Time to Buy in Cannon Falls

Best Month to Buy

Jan

Typically lowest prices

Most Expensive Month

Jul

Peak pricing period

Seasonal Pattern

Winter is cheapest

View detailed seasonal analysis →

How Long It Takes to Sell in Cannon Falls

Current DOM

110

days

Average DOM

61

days

Fastest

4

days

Slowest

318

days

Homes are currently selling at a normal pace in Cannon Falls.

View detailed selling time analysis →

Cannon Falls, MN Real Estate Market Analysis

The Cannon Falls housing market is currently characterized as a balanced market. With a median sale price of $346K and homes spending an average of 110 days on the market, conditions are relatively balanced between buyers and sellers.

Cannon Falls Median Home Price in 2026

The median home price in Cannon Falls, MN is currently $346K. Buyers can use that number as a quick benchmark for affordability, while sellers can use it to sense-check list price expectations. For better context, compare this figure with inventory levels, sale-to-list ratio, and neighborhood-level demand before making a move.

Cannon Falls Days on Market in 2026

Homes in Cannon Falls are averaging 110 days on market. That metric helps show whether listings are moving quickly or sitting long enough for buyers to negotiate. If median days on market starts falling while inventory stays tight, sellers usually gain more leverage.

Is Cannon Falls a Good Place to Buy a House in 2026?

Buyers should compare current pricing, inventory, and seasonal trends before making an offer. If you want the lowest typical prices, review our best time to buy in Cannon Falls guide. Sellers should also review our how long homes take to sell in Cannon Falls analysis.

What to Expect When Buying in Cannon Falls

The balanced market conditions mean you can take a measured approach to buying, though well-priced homes will still attract multiple offers.

Should You Buy, Sell, or Wait in Cannon Falls?

If you are buying, watch months of supply, price cuts, and how often homes sell above list. If you are selling, focus on pricing strategy and median days on market. In a fast market, buying sooner may protect you from higher prices. In a slower market, waiting can give you more leverage and more choices.

Selling Your Home in Cannon Falls

Homes in Cannon Falls are selling at 97.0% of their list price on average. The typical time to sell is 110 days from listing to closing. Check current real estate commission rates in Minnesota to understand your selling costs.

Useful Next Steps

For deeper timing data, review our best time to buy in Cannon Falls page and our how long it takes to sell in Cannon Falls report. If you want boots-on-the-ground advice, connect with a local real estate agent who knows the Cannon Falls market block by block.

Cannon Falls, MN Housing Market Forecast & Predictions

Based on current trends, here is our data-driven outlook for the Cannon Falls real estate market heading into 2026.

Price Forecast

Market data suggests stable conditions. Watch inventory levels and days on market for early trend signals.

Inventory Outlook

With 3.4 months of supply, the market is approaching balance. Neither buyers nor sellers hold a decisive advantage.

Selling Speed

With 110 days on market, homes are taking longer to sell. Strategic pricing will be key for sellers in 2026.

Bottom line: The Cannon Falls market is balanced. Both buyers and sellers benefit from having a skilled local real estate agent to navigate current conditions. Find a Cannon Falls real estate agent to get personalized market advice.

You can also compare nearby markets, review monthly price trends, and track days on market to spot when negotiating power is shifting. Those signals often matter just as much as headline median prices.

Frequently Asked Questions About Cannon Falls Real Estate

Is Cannon Falls, MN a good place to buy a house in 2026?

Cannon Falls, Minnesota has a active with steady buyer interest real estate market in 2026. The median home price is $346K. Homes typically sell in 110 days. Working with a local agent helps you navigate the market and find the best opportunities.

How much does a house cost in Cannon Falls, MN?

The median home price in Cannon Falls, Minnesota is $346K as of 2026. A local real estate agent can help you find homes within your budget and identify upcoming listings.

How long does it take to sell a house in Cannon Falls, MN?

Houses in Cannon Falls, Minnesota typically sell in 110 days on average. Market conditions favor strategic pricing and professional marketing. A top local agent can help sell your home faster and for the best price.

How much do real estate agents charge in Cannon Falls, MN?

Real estate agent commissions in Cannon Falls, Minnesota typically range from 5-6% of the sale price, split between buyer's and seller's agents. Our free matching service connects you with vetted local agents at no additional cost to you—we're compensated through standard referral fees from the agent's existing commission.

Is Cannon Falls, MN good for first-time home buyers?

Cannon Falls, Minnesota offers opportunities for first-time buyers, with relatively affordable entry points compared to other major metros. Minnesota offers several first-time buyer programs including down payment assistance. A local agent experienced with first-time buyers can guide you through the process and available programs.

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