This page includes AI-assisted content reviewed by Mark Gores, Licensed Minnesota Realtor #20486494. Market statistics and trends are based on information from MLS GRID, deemed reliable but not guaranteed.
All information is sourced from the MLS and verified for accuracy.
Living in Cannon Falls, Minnesota
Overview
Nestled along the banks of the Cannon River, Cannon Falls, Minnesota, offers a charming blend of small-town charm and scenic beauty. Known for its vibrant community and rich history, Cannon Falls is undergoing exciting developments, such as the new Cannon Falls Community Center and the expansion of the Cannon Valley Trail. With a median home price of $359,450 and houses typically spending just 44 days on the market, Cannon Falls presents a dynamic real estate market that reflects its growing appeal.
Neighborhoods
Cannon Falls is home to a variety of neighborhoods, each with its own unique character. Downtown Cannon Falls is the heart of the city, bustling with local shops, eateries, and historic architecture. It's the ideal spot for those who enjoy being at the center of community activities.
On the East Side, you'll find a quieter, more residential area that offers a peaceful environment while still being close to the amenities of downtown. The East Side is also home to East Side Park, a popular spot for family outings and picnics.
River Road is another notable neighborhood, celebrated for its picturesque views of the Cannon River. This area offers a serene living experience with easy access to outdoor activities and the natural beauty of the region.
Schools & Education
Education is a cornerstone of the Cannon Falls community, with the Cannon Falls Area Schools (ISD 252) providing comprehensive educational opportunities from kindergarten through high school. Cannon Falls High School and Cannon Falls Elementary School are known for their commitment to academic excellence and community involvement, preparing students for future success.
Parks & Recreation
Cannon Falls boasts a variety of parks and recreational spots that cater to outdoor enthusiasts. Hannah's Bend Park and Riverside Park offer scenic trails and picnic areas perfect for a day of relaxation. For sports enthusiasts, John Burch Park is a popular venue for local baseball and softball games. The recent expansion of the Cannon Valley Trail provides even more opportunities for hiking, biking, and enjoying the natural landscape.
Local Events
The city's vibrant community spirit is reflected in its annual events and festivals. The Cannon Falls Wine & Art Festival is a cultural highlight, drawing visitors from across the region to enjoy local wines and artistic creations. The Cannon Valley Fair is a beloved tradition, offering classic fair attractions and entertainment for all ages. Additionally, the Cannon Falls Art and Craft Fair showcases the creativity of local artisans and craftspeople.
Real Estate Market
Cannon Falls' real estate market is thriving, with a median home price of $359,450 and homes typically selling within 44 days. The market has seen a year-over-year increase of 2.7%, indicating a steady demand for properties in the area. With 24 active listings and 24 homes sold in the last 90 days, Cannon Falls offers a balanced market for both buyers and sellers.
Commute & Location
Cannon Falls provides convenient access to the Twin Cities metro area, making it an attractive option for those who work in Minneapolis or St. Paul but prefer the tranquility of small-town living. Located just off Highway 52, residents can enjoy a straightforward commute to the city, while also benefiting from the peaceful surroundings and community-focused lifestyle of Cannon Falls.
Local Insight
As a Twin Cities real estate expert, I've noticed that Cannon Falls is increasingly popular among those seeking a balance between accessibility and rural charm. The recent developments, such as the new Cannon Falls Community Center, have enhanced the area's appeal by providing modern amenities while maintaining its historic charm. A local hidden gem worth exploring is the Ferndale Market, a family-owned business offering locally sourced meats and produce, highlighting the community's commitment to sustainability and local agriculture. Whether you're drawn by the outdoor activities, the vibrant local events, or the welcoming community, Cannon Falls offers a unique living experience that continues to attract new residents.
Frequently Asked Questions
What is the median home price in Cannon Falls, MN?
The current median home price in Cannon Falls is $359,450. This represents a 2.7% change from last year. Cannon Falls offers a range of housing options across its neighborhoods including Downtown, East Side, West Side.
What schools serve Cannon Falls residents?
Cannon Falls is served by Cannon Falls Area Schools (ISD 252), with Cannon Falls High School as the main high school. Elementary options include Cannon Falls Elementary School. The district is known for its strong academic programs and community involvement.
How long does it take to commute from Cannon Falls to Minneapolis or St. Paul?
From Cannon Falls, typical commute times are: 47 mins to Downtown Minneapolis (44.6 mi), 37 mins to Downtown St. Paul (36.7 mi). Other key destinations include 37 mins to Mall of America, 35 mins to Minneapolis Airport. These times are based on typical traffic conditions and provide excellent access to the Twin Cities metro area.
How long do homes typically stay on the market in Cannon Falls?
Homes in Cannon Falls typically sell within 44 days. With 24 active listings and 24 homes sold in the past 90 days, it's a dynamic market that rewards prepared buyers.