Faribault Real Estate

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Faribault, Minnesota
Average Home Sizes and Asking Prices

Updated On: December 12, 2017
Zipcode Single Family Home Townhome or Condo
4 BR 3 BR #Lst 3 BR 2 BR #Lst
55021 2,600 sf $306,000 1,900 sf $225,000 79


55021 - 3 Bedroom Homes
# of Listings and Avg Price*
 2 Years Ago  41   $226k
 1 Year Ago  32   $274k
 6 Months Ago   41   $275k
 1 Month Ago  30   $232k
 Today  30   $224k
*Averaged for 3 bedroom active listings



Asking Price in 55021 - 3 Bedroom Single Family Homes
55021 real estate listing price trend

55021 sold real estate price trend
Demographics & Schools Mortgage Calculator Area Map

Faribault Real Estate & Homes for Sale in Minnesota

Welcome to Faribault, Minnesota, a wonderful community located in Rice County. Faribault is a dynamic, growing community that is situated at the confluence of the Cannon and Straight Rivers in Southern Minnesota.

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Faribault Real Estate Market Info - Prices of Houses for Sale in Faribault

Buyers looking to purchase a home in the pleasant community of Faribault will find that the area predominantly offers listings of single family homes, with a few listings of condos and townhomes. Prices for Faribault's single family homes run the pricing spectrum of $40,000 to $634,900. A 3-bedroom/2 bathroom condo or townhome in Faribault starts at $105,000.


Faribault Real Estate Stats and Trends for the week of December 11th, 2017: homes priced around $224,828 compared to $223,046 the previous week, for a slight increase of less than +1%.  For Tuesday, December 12th, the current national mortgage rate for a 30 year fixed mortgage is 3.88%; the 15 year fixed rate is at 3.20%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.13%, while the 15 year jumbo rate currently is at 3.89%.

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