55009 — Cannon Falls, MN Home Values
Typical home value $387,326 as of June 2026 · 3rd of 9 in Red Wing, MN
Blue: typical home value (Zillow ZHVI) in ZIP code 55009, June 2021 to June 2026. This page shows observed data only; no forecast.
How 55009 compares in the Red Wing, MN area
ZIP code 55009 (Cannon Falls, MN) has a typical home value of $387,326 as of June 2026, ranking 3rd of 9 ZIP codes tracked in the Red Wing, MN area, more expensive than about 78% of ZIP codes in the metro. Prices here have moved +3.4% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +22.4%, from $316,473 in June 2021 to $387,326 in June 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Red Wing, MN forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Red Wing.
Population and demographics
ZIP code 55009 has a population of 8,258, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 92% White, 3.3% two or more races, 2% Hispanic or Latino, 1.7% another race, 0.6% Asian, 0.3% Black or African American, and 0.1% American Indian or Alaska Native.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| CANNON FALLS ELEMENTARY | 1020 MINNESOTA ST E, CANNON FALLS, MN | 2.3 mi |
| Pathways Program Grades 6-7 | 820 MINNESOTA ST E, CANNON FALLS, MN | 2.4 mi |
| Cannon Falls Secondary | 820 MINNESOTA ST E, CANNON FALLS, MN | 2.4 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 55009?
$387,326 as of June 2026, the latest month Zillow has published observed data for.
Is 55009 an expensive ZIP code in the Red Wing, MN area?
55009 ranks 3rd of 9 ZIP codes in the Red Wing, MN area by typical home value, more expensive than about 78% of ZIP codes in the metro.
How much have home values in 55009 changed over the past year?
+3.4% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 55009?
8,258, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 55009?
CANNON FALLS ELEMENTARY (2.3 mi), Pathways Program Grades 6-7 (2.4 mi), Cannon Falls Secondary (2.4 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 55009?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Red Wing, MN forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.