Faribault Real Estate

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Faribault, Minnesota
Average Home Sizes and Asking Prices

Updated On: February 23, 2018
Zipcode Single Family Home Townhome or Condo
4 BR 3 BR #Lst 3 BR 2 BR #Lst
55021 2,500 sf $284,000 1,800 sf $215,000 57 2,600 sf $316,000 1,400 sf $266,000 7


55021 - 3 Bedroom Homes
# of Listings and Avg Price*
 2 Years Ago  35   $264k
 1 Year Ago  23   $284k
 6 Months Ago   43   $245k
 1 Month Ago  45   $223k
 Today  29   $231k
*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 February 19th, 2018: homes priced around $214,936 compared to $217,683 the previous week, showing a decrease of less than -1%.  For Friday, February 23rd, the current national mortgage rate for a 30 year fixed mortgage is 4.25%; the 15 year fixed rate is at 3.66%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.40%, while the 15 year jumbo rate currently is at 4.12%.

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