Housing in Faribault, MN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$280,250
Median List Price
$274,999
Price Per Sq Ft
$156
Days on Market
57
Active Inventory
49
Months of Supply
4.1
Balanced market
Zillow Home Value
$288,374
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
33.3%
Off Market in 2 Weeks
26.7%
Sale-to-List Ratio
99.2%
Buyer's market
Market Activity
Source: RedfinHomes Sold
12
New Listings
16
Pending Sales
15
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$156
Median List $/SF
$153
Faribault vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. Faribault is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$233,900
Median Rent
$1,041
Total Housing Units
9,363
Vacancy Rate
5.6%
Owner Occupied
65.4%
Renter Occupied
34.6%
Median Property Tax
$2,258
per year
Monthly Cost (w/ Mortgage)
$1,169
Housing Types
The current median sale price in Faribault, MN is $280,250 according to Redfin data. Homes spend a median of 57 days on the market. 33.3% of homes sold above asking price. The market has 4.1 months of supply. The median price per square foot is $156. The median rent is $1,041 per month (Census ACS). About 65.4% of housing units are owner-occupied. The median year homes were built is 1973. There are 9,363 total housing units.