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Canton, MN

Full City Profile · Minnesota · Winneshiek County County

3.4 /5.0
B Good
409 Population 397/sq mi density
$50,556 Median Income $29,508 per capita
$88,400 Home Value $243,586 Zillow
$583 Median Rent 18.0% income on rent
44°F Avg Temperature 260 sunny days/yr
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$50,556 median income, 5.1% unemployment
A+
Affordability
5.0 / 5.0
$88,400 home value, $583/mo rent
C
Education
2.3 / 5.0
16.3% bachelor's degree or higher

Housing Overview

Median Home Value
$88,400
69% below
US avg: $281,900
Median Rent
$583/mo
50% below
US avg: $1,163/mo
Homeownership Rate
82.1%
26% above US avg (65.4%)
Total Housing Units
193
Median year built: 1951

Home Value by Source

Census Median
$88,400
Zillow (ZHVI)
$243,586
Median Sale Price
$205,000
Median List Price
$134,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

82.1%
Owner-Occupied
17.9%
Renter-Occupied
82%
18%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent: $583/mo

Market Indicators (Redfin)

Median Days on Market
21 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
100.0%
of listings with price reduction
Price Per Sq Ft
$96
Active Inventory
1
homes for sale

Affordability & Housing Stock

Rent Burden
18.0%
of renters spending 30%+ of income on housing
42% below US avg (31.0%)
Median Year Built
1951
Average age of housing stock: 75 years
Homeownership Rate
82.1%

Complete Housing Data

Home Values

Census Median Value$88,400
Zillow Home Value (ZHVI)$243,586
Median Sale Price$205,000
Median List Price$134,900
Price Per Sq Ft$96

Rent

Census Median Rent$583
FMR Studio$809
FMR 1-Bedroom$899
FMR 2-Bedroom$1,125
FMR 3-Bedroom$1,483
FMR 4-Bedroom$1,698

Market

Days on Market21
Sale-to-List Ratio1.0%
Price Drops100.0%
Homes Sold1
Active Inventory1
Price Per Sq Ft$96

Ownership & Stock

Owner-Occupied82.1%
Renter-Occupied17.9%
Homeownership Rate82.1%
Total Housing Units193
Median Year Built1951
Rent Burden18.0%