Cannon Falls, MN is a great place for homeowners with its median housing value of $257,600, which is lower than the US house median value of $338,100. Over the past year, the appreciation rate for housing in Cannon Falls has been 6.66%, compared to 8.27% for the US as a whole. This makes Cannon Falls an attractive option for those looking to purchase a home and benefit from increased equity growth without paying too much up front.
The median home cost in Cannon Falls is $257,600. Home appreciation the last 10 years has been 94.0%. Home Appreciation in Cannon Falls is up 12.2%.
Average Age of Homes
- The median age of Cannon Falls real estate is 41 years old
The Rental Market in Cannon Falls
- Renters make up 24.6% of the Cannon Falls population
- 0.0% of houses and apartments in Cannon Falls, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.