Home prices
The median home in Cannon Falls costs $177,900. In comparison to other places in this area it is about $36,080 (16%) lower.Compared to the nation as a whole it is roughly $39,600 (18%) lower, and compared to the city of Minneapolis it is approximately $73,700 (29%) lower.
Rents
In Cannon Falls the median rent is $890 per month. In comparison to its surrounding areas it is approximately $40 (4%) lower.It is roughly $172 (16%) lower compared to the rest of the country, and it is roughly $137 (13%) lower compared to the city of Minneapolis.
Nearby places
Randolph
Randolph is about 4 miles west from Cannon Falls. Housing prices there are a little more expensive. The value of the median home in Randolph is $218,400, which works out to $40,500 (18%) higher than Cannon Falls. The rent there is a bit more expensive. In Randolph the median rent is $983 a month, which comes out to $93 (9%) higher than Cannon Falls.
Hampton
Hampton is roughly 7 miles northwest of Cannon Falls. Real estate prices there are a bit more expensive. The median home in Hampton costs $231,300, which comes out to $53,400 (23%) higher than Cannon Falls. Rents there are a bit less expensive. In Hampton the median rent is $792 per month, which is $98 (12%) lower than Cannon Falls.
Dennison
Dennison is about 8 miles southwest from Cannon Falls. Its housing prices are somewhat less expensive. The median home in Dennison is valued at $165,600, which works out to $12,300 (7%) lower than Cannon Falls. Its rents are somewhat more expensive. Dennison's median monthly rent is $1,188, which is $298 (25%) higher than Cannon Falls.
Vermillion
Vermillion is approximately 10 miles north of Cannon Falls. The real estate prices there are somewhat more expensive. The cost of the median home in Vermillion is $228,600, which works out to $50,700 (22%) higher than Cannon Falls. The rent there is similar. The median monthly rent in Vermillion is $863, which is $27 (3%) lower than Cannon Falls.
Northfield
Northfield is roughly 11 miles west of Cannon Falls. Housing prices there are a bit more expensive. The median home in Northfield costs $226,000, which is $48,100 (21%) higher than Cannon Falls. Rents there are somewhat less expensive. In Northfield the median rent is $825 per month, which comes out to $65 (7%) lower than Cannon Falls.
