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Area data

Cannon falls, MN — ZIP 55009

Population: 8,127 (Census ACS)

The median home value in ZIP 55009 (Cannon falls, MN) is $380,102 — up 2.9% over the past year. Homes sell for a median $400,388 after a median 83 days on market. 3 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with hail, strongwind, tornado the top-rated hazards. Cost of living is 2.5% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$380,102

Median home value

+2.9%

1-year change

83

Median days on market

Relatively Low

Hazard risk (county)

Home values & appreciation

Median home value
$380,102
1-year appreciation
+2.9%
3-year appreciation
+7.7%
5-year appreciation
+20.8%
10-year appreciation
+65.4%
All-time peak (2026-04)
$380,411
House Price Index (state)
429.3 (+3.3% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$400,388
Median list price
$395,000
Median price per sqft
$187
1-year sale-price change
-0.4%
Median days on market
83 days
Homes sold (recent period)
23
For-sale inventory
24
Sale-to-list ratio
98.5%
Active listings
10
1-year forecast
+1.0%
New listings (monthly)
10

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$754/mo
1BR fair-market rent
$943/mo
2BR fair-market rent
$1,176/mo
3BR fair-market rent
$1,529/mo
4BR fair-market rent
$1,764/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Average)
97.5 (100 = US avg)
Electricity rate (state-level)
15.8¢/kWh
Natural gas rate (state-level)
$11.00/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
3
Elementary schools
1
Middle schools
0
High schools
2
School districts serving the area
CANNON FALLS PUBLIC SCHOOL DISTRICT, Goodhue County Education District
Schools include
CANNON FALLS ELEMENTARY, Cannon Falls Secondary, Cannon Falls HS Credit Recovery

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Low
Top hazards (county)
hail, strongWind, tornado
Notable hazard ratings (county)
coldWave: Relatively Low · drought: Relatively Low · hail: Relatively Moderate · iceStorm: Relatively Low · inlandFlooding: Relatively Low · landslide: Relatively Low
FEMA flood zone
A
Flood risk level
High
Wildfire risk to homes (county)
Higher than 10% of US counties
Buildings in wildfire direct-exposure zone
47.0%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Annual precipitation
36.4 in
USDA plant hardiness zone
4b (extreme annual low -25 to -20°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
43
Days with Good air quality
198
Days with Moderate air quality
35
Highest AQI recorded (year)
133

Source: EPA air quality data (nearest monitoring station, annual)

Walkability & transit

Walkability index
14.0 / 20
Transit service frequency
384
Jobs reachable by car (30 min)
27,320
Jobs reachable by transit (45 min)
28,921

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
1
Nearest national park
Mississippi National River & Recreation Area (34 mi)
Airports within 30 mi
25
Nearest airport
Edberg Airport (6 mi)
Nearest major airport
Minneapolis–Saint Paul International Airport / Wold–Chamberlain Field (MSP) (33 mi)
Hospitals nearby (~15 mi)
1
Hospitals include
MAYO CLINIC HEALTH SYSTEM - CANNON FALLS
Solar radiation rating
Fair (3.7 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
-3 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,974
Housing built before 1970
43.8%
Housing built 2000 or later
18.4%
Median annual property tax
$2,979
Mean commute to work
21 min
Households with broadband internet
71.1%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
17,188
Average weekly wage
$1,144
Top industries (by employment)
Health Care, Accommodation & Food, Wholesale Trade
Annual residential building permits (county)
78

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 55009State medianUS median
Median home value$380,102$304,931$289,727
Median sale price$400,388$315,500$325,000
Median days on market83 days39 days51 days
Median annual property tax$2,979$2,128$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 55009?
$380,102.
What is the median sale price in ZIP 55009?
$400,388.
How long do homes take to sell in ZIP 55009?
Median days on market: 83 days.
What is typical rent in ZIP 55009?
2-bedroom fair-market rent: $1,176/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in ZIP 55009?
Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: hail, strongWind, tornado.
Is ZIP 55009 in a flood zone?
High (FEMA NFIP). FEMA flood zone A.
What is the wildfire risk in ZIP 55009?
Risk to homes is higher than 10% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 55009?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 55009?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve ZIP 55009?
3 schools (1 elementary, 2 high) (NCES, 2022-23).
Is ZIP 55009 walkable?
Walkability index: 14.0/20 (EPA Smart Location Database).
What is the air quality in ZIP 55009?
Good. Median AQI: 43. (EPA AQI).
What is the cost of living in ZIP 55009?
Regional Price Parity: 97.5 (100 = US average) (Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

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