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Faribault, MN Real Estate & Property Data

Faribault Real Estate Market Trends

Last Updated: September 06, 2025

Accurate and comprehensive real estate data is critical for insight into Faribault, MN 55021. ATTOM’s Faribault real estate data is updated daily, and current market trends show that in Faribault, MN a total of 485 residential properties have sold over the past year. With a median home price of $275,000 in Faribault and a total of 8 foreclosures. Get detailed property data for Faribault, MN instantly. ATTOM is your one-stop-shop for the Faribault property reports and real estate data you need in Faribault, MN.

Faribault Real Estate Market Trends

Get property data for any address in Faribault, MN or the country:

Total Residential Properties 11,080

Total Commercial Properties 639

Avg. Home Age (Single Family Home) 56 Years

Avg. Square Feet (Single Family Home) 1,507

Total 2025 Residential Sales (year-to-date) 201

% of Homes Seriously Underwater (Q3 2025) 0.71%

Total 2024 Residential Sales 455

% of Equity Rich Homes (Q3 2025) 37.28%

Effective 2024 Property Tax 0.82%

Total Foreclosure Filings (year-to-date) 19

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Faribault, MN 55021 Real Estate Overview

There were 485 residential properties sold in the past year in Faribault, MN 55021. The median home value in Faribault, MN 55021 is $299,997. There are a total of 11,080 residential properties in the 55021.

Median Sales Price i

$275,000

(Jun 2025)

-1.1%

year-over-year

y-o-y

June '25 Jun '25 $275,000
May '25 May '25 $319,900
April '25 Apr '25 $370,000
March '25 Mar '25 $250,000
February '25 Feb '25 $265,000
January '25 Jan '25 $277,250
December '24 Dec '24 $270,950
November '24 Nov '24 $290,000
October '24 Oct '24 $302,500
September '24 Sep '24 $290,000
August '24 Aug '24 $387,500
July '24 Jul '24 $340,000

Median Down Payment i

$32,000

(Jun 2025)

-23.3%

year-over-year

y-o-y

June '25 Jun '25 $32,000
May '25 May '25 $31,625
April '25 Apr '25 $87,450
March '25 Mar '25 $34,500
February '25 Feb '25 $30,000
January '25 Jan '25 $27,545
December '24 Dec '24 $24,500
November '24 Nov '24 $61,000
October '24 Oct '24 $24,211
September '24 Sep '24 $22,750
August '24 Aug '24 $70,000
July '24 Jul '24 $69,275

Number of Homes Sold i

36

(Jun 2025)

-14.3%

year-over-year

y-o-y

June '25 Jun '25 36
May '25 May '25 42
April '25 Apr '25 40
March '25 Mar '25 24
February '25 Feb '25 25
January '25 Jan '25 34
December '24 Dec '24 28
November '24 Nov '24 41
October '24 Oct '24 42
September '24 Sep '24 50
August '24 Aug '24 44
July '24 Jul '24 37

Number of Purchase Loans i

29

(Jun 2025)

+11.5%

year-over-year

y-o-y

June '25 Jun '25 29
May '25 May '25 32
April '25 Apr '25 29
March '25 Mar '25 19
February '25 Feb '25 14
January '25 Jan '25 23
December '24 Dec '24 12
November '24 Nov '24 30
October '24 Oct '24 34
September '24 Sep '24 48
August '24 Aug '24 24
July '24 Jul '24 37

Number of REFI Loans i

12

(Jun 2025)

-52%

year-over-year

y-o-y

June '25 Jun '25 12
May '25 May '25 21
April '25 Apr '25 28
March '25 Mar '25 33
February '25 Feb '25 11
January '25 Jan '25 18
December '24 Dec '24 29
November '24 Nov '24 23
October '24 Oct '24 12
September '24 Sep '24 33
August '24 Aug '24 27
July '24 Jul '24 15

Number of HELOC Loans i

11

(Jun 2025)

+10%

year-over-year

y-o-y

June '25 Jun '25 11
May '25 May '25 17
April '25 Apr '25 17
March '25 Mar '25 5
February '25 Feb '25 9
January '25 Jan '25 11
December '24 Dec '24 9
November '24 Nov '24 4
October '24 Oct '24 17
September '24 Sep '24 8
August '24 Aug '24 18
July '24 Jul '24 10

Faribault, MN 55021 Real Estate Market Overview

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Faribault, MN 55021 Foreclosure Activity

There were a total of 8 Faribault, MN 55021 properties with a foreclosure filing in June 2025.

Total Foreclosure Filings i

8

(Jun 2025)

+300%

year-over-year

y-o-y

June '25 Jun '25 8
May '25 May '25 3
April '25 Apr '25 N/A
March '25 Mar '25 3
February '25 Feb '25 2
January '25 Jan '25 3
December '24 Dec '24 1
November '24 Nov '24 2
October '24 Oct '24 1
September '24 Sep '24 1
August '24 Aug '24 2
July '24 Jul '24 2

Foreclosure Starts i

8

(Jun 2025)

+300%

year-over-year

y-o-y

June '25 Jun '25 8
May '25 May '25 3
April '25 Apr '25 N/A
March '25 Mar '25 3
February '25 Feb '25 2
January '25 Jan '25 3
December '24 Dec '24 1
November '24 Nov '24 2
October '24 Oct '24 1
September '24 Sep '24 1
August '24 Aug '24 2
July '24 Jul '24 2

Completed Foreclosures (REOs) i

June '25 Jun '25 N/A
May '25 May '25 3
April '25 Apr '25 N/A
March '25 Mar '25 N/A
February '25 Feb '25 N/A
January '25 Jan '25 1
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 2
July '24 Jul '24 N/A

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