Housing Prices in Faribault County, MN

How much do homes in Faribault County, MN cost?

Median List Price

$149,250

$89/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

+$19,350(+14.9%)

Key Takeaway

The list price of homes in Faribault County has increased by 14.9% since last year.

Summary: The median home list price in Faribault County was $149,250 in November 2024, up 14.9% from the previous year, and the median price per square foot was $89.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $89K$69.9K
-21.5%
2 $115K$104.4K
-9.2%
3 $118.8K$142.2K
+19.7%
4 $182.4K$164K
-10.1%
5+ $139.9K$154.9K
+10.8%

Summary: Faribault County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.5%, 2 bedroom homes decreased by 9.2%, 3 bedroom homes increased by 19.7%, 4 bedroom homes decreased by 10.1%, and 5+ bedroom homes increased by 10.8%.

Median List Price Compared To Nearby Counties

Faribault County
+14.9%
Blue Earth County
+8.9%
Martin County
+5.7%
Waseca County
0.2%

Housing Supply in Faribault County, MN

How many homes are available in Faribault County, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3629-19.4%

Summary: The Faribault County real estate market had 29 homes for sale in November 2024, a 19.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 52
-60.0%
3 1613
-18.8%
4 109
-10.0%
5+ 54
-20.0%

Summary: The Faribault County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 60%, 3 bedroom homes decreased by 18.8%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 20%.

Days on Market for Faribault County, MN

How long does it take to sell a home in Faribault County, MN?

Average Listing Age

Nov 2023Nov 2024CHANGE
153 Days92 Days-39.6%

Summary: Homes in Faribault County had an average listing age of 92 days in Nov 2024, down by 39.6% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Faribault County, MN

Nearby Markets to Faribault County, MN

What housing markets are near Faribault County, MN?