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.
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 May 14th, 2012: homes priced around $220,693 compared to $228,377 the previous week, showing a decrease of less than -3%. For Tuesday, May 15th, the current national mortgage rate for a 30 year fixed mortgage is 3.75%; the 15 year fixed rate is at 3.02%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.38%, while the 15 year jumbo rate currently is at 3.60%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Faribault MN. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Faribault to help you find the best home!
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