House Prices

House Prices & Home Values Canyon, MN 2026


Average Data

average house price$141,300
average size per house985 ft²
average price per ft²144 $ / ft²

04/16/2026 - The value range (VR) for house prices in Canyon, MN is $197/ sqft to $197/ sqft. An average home with 985 sqft costs approximately $194,045 to $194,045. Canyon, MN includes 1 ZIP codes and it is located in St. Louis county. The lowest prices are found in ZIP 55717, while the highest are in ZIP 55717. The average price per sqare feet is $144. Our analysis is based on 6 property listings.

Avergage prices by ZIP codes Canyon

55717180 $ / ft²




Historical development of home values in Canyon

Year Estimated value (USD) Change vs. 2025
2010 $65,622 -53.6%
2011 $63,085 -55.4%
2012 $62,915 -55.5%
2013 $65,266 -53.8%
2014 $68,512 -51.5%
2015 $72,028 -49.0%
2016 $75,787 -46.4%
2017 $79,877 -43.5%
2018 $84,294 -40.3%
2019 $88,202 -37.6%
2020 $92,762 -34.4%
2021 $105,506 -25.3%
2022 $122,997 -13.0%
2023 $129,706 -8.2%
2024 $137,209 -2.9%
2025 $141,300 0.0%

Graph: estimated home values in Canyon over time (USD)



Example: 100% financing house in Canyon

Loan amount: $141,300

Interest rate: 6.00%

Fixed monthly payment: $847.16

Breakdown in the 1st month:
Interest portion: $706.50  –  Principal portion: $140.66

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $8,430.80 $1,735.18 $139,564.82
2 $8,323.78 $1,842.20 $137,722.62
3 $8,210.15 $1,955.83 $135,766.79
4 $8,089.52 $2,076.46 $133,690.33
5 $7,961.45 $2,204.53 $131,485.81
6 $7,825.48 $2,340.50 $129,145.31
7 $7,681.12 $2,484.86 $126,660.45
8 $7,527.86 $2,638.12 $124,022.34
9 $7,365.15 $2,800.83 $121,221.51
10 $7,192.40 $2,973.58 $118,247.93
11 $7,009.00 $3,156.98 $115,090.95
12 $6,814.28 $3,351.70 $111,739.25
13 $6,607.56 $3,558.42 $108,180.83
14 $6,388.08 $3,777.90 $104,402.93
15 $6,155.07 $4,010.91 $100,392.02
16 $5,907.68 $4,258.30 $96,133.72
17 $5,645.04 $4,520.94 $91,612.78
18 $5,366.20 $4,799.78 $86,813.00
19 $5,070.16 $5,095.82 $81,717.19
20 $4,755.86 $5,410.12 $76,307.07
21 $4,422.18 $5,743.80 $70,563.26
22 $4,067.91 $6,098.07 $64,465.20
23 $3,691.80 $6,474.18 $57,991.01
24 $3,292.48 $6,873.50 $51,117.52
25 $2,868.54 $7,297.44 $43,820.08
26 $2,418.45 $7,747.53 $36,072.55
27 $1,940.60 $8,225.38 $27,847.17
28 $1,433.28 $8,732.70 $19,114.47
29 $894.66 $9,271.32 $9,843.15
30 $322.83 $9,843.15 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Canyon, MN


1500 sqft3900 sqft
Ø selling price$261,361$555,984
Ø fast selling$237,601$500,386
Ø high price sale$285,120$611,583

In 2026, houses in Canyon, MN will be offered at an average price of $144 per square foot. A 1,500 sqft home priced at $261,361 is 20.98% more expensive per square foot than a 3,900 sqft home priced at $555,984. Home prices in Canyon, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $384,913. Sellers who can wait longer may achieve a higher price of up to $470,449.


Canyon, MN Travel Guide

Overview

Canyon, MN is a quiet unincorporated community in northern St. Louis County known for pine forests and peaceful rural charm.

Travelers use it as a relaxing base between Duluth and the Iron Range for exploring Minnesota?s Northland.

Location and Access

Set along US Highway 53, Canyon offers easy road access to lakes, trails, and small-town services.
Its central location makes day trips to Duluth?s waterfront, Iron Range history sites, and nearby state lands straightforward.

Outdoor Recreation

Outdoor enthusiasts come for fishing, paddling, wildlife watching, and snow-season adventures like snowmobiling and cross-country skiing.

Thick forests deliver vivid fall colors and quiet summer nights under starry skies.

Community and Amenities

While amenities are modest, local businesses and roadside stops provide essentials, fuel, and friendly Northwoods hospitality.

Visitors will also find cabin rentals, campgrounds, and seasonal events that celebrate the area?s woods-and-waters lifestyle.

Trip Tips

Plan your trip to Canyon, Minnesota with weather in mind, packing layers for cool evenings even in midsummer.

Whether you?re road-tripping, scouting leaf-peeping routes, or seeking a quiet basecamp, Canyon delivers a classic Northland experience.



FAQ – Home Values in Canyon

What is the median home value in Canyon in 2026?

In 2026, the typical home value in Canyon is about $141,300 for an average home size of 985 square feet. This corresponds to an average price of roughly $144 per square foot.

What is the average cost per square foot in Canyon?

In 2026, homes in Canyon sell for an average of around $144 per square foot, with a typical range between $197 and $197 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Canyon is about 985 square feet, with an estimated 2026 value around $141,300.



Locations close to Canyon, MN

Carlton, MN189 $ / ft²
Chisholm, MN225 $ / ft²
Cloquet, MN89 $ / ft²
Calumet, MN111 $ / ft²
Buhl, MN228 $ / ft²
Bruno, MN203 $ / ft²
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