The housing market in Cannon, MN is doing very well compared to the national average. The median value of houses in Cannon is $117,900, which is much lower than the US median value of $338,100. In the last year, the appreciation rate for house values was 8.27% nationally and 9.54% in Cannon, MN. This demonstrates that investing in housing in Cannon is a great idea as it appreciates quickly and offers great value for money.
The median home cost in Cannon is $117,900. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Cannon is up 14.7%.
Average Age of Homes
- The median age of Cannon real estate is 78 years old
The Rental Market in Cannon
- Renters make up 0.0% of the Cannon population
- 0.0% of houses and apartments in Cannon, 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.