Section Image

Cannon Falls

Cannon Falls

Located in Goodhue County

$373,030 Average Value
$199 Average Price per Sq Ft
29 Homes For Sale

Cannon Falls offers peaceful valley living by the Cannon River

Cannon Falls is a riverside community along U.S. Route 52, between Rochester and Minneapolis. “The topography of the area gives it character,” says Laura Qualey, who is the community and business development specialist in Cannon Falls. “We have lots of trees, valleys and natural beauty.” The Cannon River winds through town and alongside waterfront parks, and provides residents with plenty of opportunities for outdoor recreation. Apart from outdoor activities, the small community of about 4,000 enjoys proximity to larger metro areas like Red Wing and a host of year-round community celebrations as well as local shopping and dining options in the historic downtown district.

Cannon Falls has both historic Victorian homes and new developments

Neighborhood streets in Cannon Falls are mostly linear, and the cityscape has a grid pattern. The community has many historic houses, ranging from 19th-century and late-Victorian workers' cottages and American Foursquares to homes with colonial and Queen Anne influences. Other housing stock includes Cape Cods, ranch-style homes and split-levels; new builds often have New Traditional architecture. Occasionally a few homes may sell for under $150,000, but most single-family properties go for between $200,000 and $400,000. Houses built after the 1970s, new construction and properties with over 20 acres of land go from approximately $450,000 to over $1 million. Townhomes and duplexes typically go between $240,000 and $300,000.

Water recreation at parks, the Cannon River and Lake Byllesby

Cannon Falls has about a dozen public parks, a seasonal community pool, trails and sports fields for recreation. Hannah's Bend Park has a frisbee golf course, a playground and walking trails that connect to the Mill Town Trail. The park is also home to waterfront festivals and events in the summer. Archie Swenson Fields has several baseball and softball fields, and Riverside Park has a canoe launch point. “The Cannon River is an attraction for residents, and people go there for canoeing, kayaking, boating and fishing,” Qualey says. Lake Byllesby is another recreation spot for kayaking and ice fishing, and the 20-mile-long Cannon Valley Trail connects to Red Wing.

Shopping and dining options in the city's historic downtown district

Many local restaurants and shops are situated in the city’s historic downtown district, which was established in 1854. Popular restaurants include Nick's Downtown Diner, which has a cozy, vintage setting and offers all-day breakfast and classic diner food. Mill Street Tavern serves traditional American fare and has an outdoor patio. Other local spots such as Cannon River Winery and CannonBelles Coffee & Ice Cream are also along Fourth Street. “Another unique thing is that we have lots of local food producers,” Qualey says. “We have our own winery, breweries, pet food, coffee and dairy farms, so people buy local foods a lot.” Other grocery options include Family Fare Supermarket and Ferndale Market, and Target is about 15 miles west in Northfield.

Public schools in Cannon Falls' school district

The city has its own school district, Cannon Falls Area Schools. Cannon Falls Elementary School teaches prekindergarten through fifth grade, and Cannon Falls High School & Middle School goes from Grade 6 to Grade 12. Both schools have a B rating from Niche. Cannon Falls High offers Advanced Placement courses and electives in business, industrial technology, agriculture and art.

Community celebrations in Cannon Falls

The annual Cannon Valley Fair is typically held on the weekend of Independence Day, featuring a Grade Day Parade, live entertainment, horse harness races and festival rides. “The Cannon Valley Fair is over 100 years old and is one of the last local community fairs in the state,” Qualey says. “All the other ones are county fairs.” Other events include the Midsummer Festival and Tractor Parade, and Deck the Falls, which kicks off the winter holidays with a tree lighting ceremony, a fireworks show, local vendor booths and a parade.

Highway access and distance to Red Wing, Minneapolis and Rochester

U.S. Route 52 and Minnesota state Route 19 pass through Cannon Falls. Minneapolis is about 45 miles north, and Red Wing is about 20 miles east of the city. Minneapolis-St. Paul International Airport is approximately 35 miles away, and the Cannon Falls Hospital and Clinic is located at the southern tip of the city. Hiawathaland Transit can schedule rides in Goodhue and Wabasha counties.

Christina Xu
Written By
Christina Xu

Interested in learning more about homes in this area? Reach out to Paul Ekstrom, an experienced agent in this area.

Agents Specializing in this Area

See All Agents

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Cannon Falls Housing Trends

Housing Trends

Median List Price
$390,000
Median Sale Price
$349,950
Median Single Family Sale Price
$381,500
Median Townhouse Sale Price
$345,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
68
Median Home Sale Price YoY Change
-2%
Average Price Per Sq Ft
$199

Neighborhood Facts

Number of Homes for Sale
29
Months of Supply
5.10

Open Houses

  • Wednesday, Jul 23
    12 - 5pm

    30410 72nd Avenue Way, Cannon Falls, MN 55009

    $438,350

    • 4 Beds
    • 3 Baths
    • 2,346 Sq Ft
    • 30410 72nd Avenue Way

    This Sycamore plan is fully finished with 4 BD, 3 BA, 3 GAR. The upper level has a sun-filled & spacious great room, kitchen spacious with island, dining area, owner’s suite (with private bath & closet), additional 1 bedroom & additional 1-full bathroom. In the lower level, you will find a large family room, laundry, 2-bedrooms, laundry room & 3/4 bath. Best of all, only minutes away from the

    David Pope

    Section Image
  • Thursday, Jul 24
    4 - 6pm

    5789 Cherry Ln, Cannon Falls, MN 55009

    $849,000

    • 5 Beds
    • 4.5 Baths
    • 5,380 Sq Ft
    • 5789 Cherry Ln
    • New 5 days ago

    Elegant Living in a Spacious Rambler Retreat! Discover the perfect blend of comfort, space, and style in this beautifully designed 5-bedroom, 5-bath rambler, nestled on a private 1-acre lot. Thoughtfully laid out with 4 bedrooms on one level, this home offers convenience and ease for everyday living. The expansive main level has a back entry/laundry room, family room with an abundance of built

    Lisa Husaby-Lundell Cannon Realty

    Section Image

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Weather

Annual Precipitation
31''
Average Winter Low Temperature
8°F
Average Summer High Temperature
82°F
Annual Snowfall
33''

Area Factors

Somewhat Bikeable

Bike Score®®

31 / 100

Car-Dependent

Walk Score®®

41 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Cannon Falls