Home values, rents and more in ZIP code 55009 (Cannon Falls, MN)
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07
Open 55009 in ProMap- Under $330k
- $330k–$370k
- $370k–$400k
- $400k–$430k
- $430k+
- No data
How 55009 compares
The typical home in ZIP code 55009 (Cannon Falls, MN) is worth about $374,000, according to the Zillow Home Value Index for September 2026. Home values in 55009 are 16% above the typical value in the Red Wing metro area ($321,000) and about the same as the U.S. typical value ($366,000).
Over the past year, home values in 55009 rose 2.3%, compared with +1.6% in the Red Wing metro area and +1.2% nationally.
The median household income is $91,295, against $84,171 in the Red Wing metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 8,127 people live in 55009 (American Community Survey 2020–24).
55009 has the 4th-highest typical home value of the 10 ZIP codes in the Red Wing metro area and the 161st-highest of 716 in Minnesota with Zillow figures.
Part of: Cannon Falls, MN · Goodhue County, MN · Red Wing metro area · Minnesota
More for 55009 in ProMap Plus
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- 5- and 10-year price changes
- Days on market and months of supply
- Price cuts and sale-to-list ratio
- Price-to-income and monthly cost to buy
- Zillow 12-month price forecast
- Crime rates
- School test scores
- Homeowners insurance premiums
- Commute time to downtown
- Flood, wildfire and natural hazard risk
- Property-tax rate
- 2024 presidential vote
- Age, education and household make-up
- Amenities and transit nearby
Nearby ZIP codes
Sources
Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.
"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.