Faribault Real Estate

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Faribault, Minnesota
Average Home Sizes and Asking Prices

Updated On: July 22, 2017
Zipcode Single Family Home Townhome or Condo
4 BR 3 BR #Lst 3 BR 2 BR #Lst
55021 2,900 sf $332,000 2,000 sf $265,000 93 2,100 sf $213,000 4


55021 - 3 Bedroom Homes
# of Listings and Avg Price*
 2 Years Ago  67   $221k
 1 Year Ago  61   $216k
 6 Months Ago   25   $292k
*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 March 27th, 2017: homes priced around $264,930 compared to $258,347 the previous week, showing a increase of more than +2%.  For Saturday, July 22nd, the current national mortgage rate for a 30 year fixed mortgage is 3.85%; the 15 year fixed rate is at 3.85%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.09%, while the 15 year jumbo rate currently is at 3.69%.

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