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Faribault, MN Real Estate & Property Data

Faribault Real Estate Market Trends

Last Updated: April 22, 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 495 residential properties have sold over the past year. With a median home price of $265,000 in Faribault and a total of 2 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 11,010

Total Commercial Properties 675

Avg. Home Age (Single Family Home) 56 Years

Avg. Square Feet (Single Family Home) 1,506

Total 2025 Residential Sales (year-to-date) 58

% of Homes Seriously Underwater (Q2 2025) 0.71%

Total 2024 Residential Sales 477

% of Equity Rich Homes (Q2 2025) 39.02%

Effective 2024 Property Tax 0.75%

Total Foreclosure Filings (year-to-date) 5

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Faribault, MN 55021 Real Estate Overview

There were 495 residential properties sold in the past year in Faribault, MN 55021. The median home value in Faribault, MN 55021 is $305,750. There are a total of 11,010 residential properties in the 55021.

Median Sales Price i

$265,000

(Feb 2025)

-14.5%

year-over-year

y-o-y

February '25 Feb '25 $265,000
January '25 Jan '25 $292,481
December '24 Dec '24 $270,950
November '24 Nov '24 $290,000
October '24 Oct '24 $290,000
September '24 Sep '24 $290,000
August '24 Aug '24 $387,500
July '24 Jul '24 $340,000
June '24 Jun '24 $278,000
May '24 May '24 $280,000
April '24 Apr '24 $285,000
March '24 Mar '24 $292,750

Median Down Payment i

$30,000

(Feb 2025)

+22.4%

year-over-year

y-o-y

February '25 Feb '25 $30,000
January '25 Jan '25 $27,545
December '24 Dec '24 $51,200
November '24 Nov '24 $61,000
October '24 Oct '24 $25,605
September '24 Sep '24 $22,750
August '24 Aug '24 $70,000
July '24 Jul '24 $69,275
June '24 Jun '24 $41,700
May '24 May '24 $15,625
April '24 Apr '24 $28,195
March '24 Mar '24 $43,875

Number of Homes Sold i

24

(Feb 2025)

-7.7%

year-over-year

y-o-y

February '25 Feb '25 24
January '25 Jan '25 34
December '24 Dec '24 30
November '24 Nov '24 41
October '24 Oct '24 46
September '24 Sep '24 52
August '24 Aug '24 45
July '24 Jul '24 38
June '24 Jun '24 48
May '24 May '24 34
April '24 Apr '24 45
March '24 Mar '24 32

Number of Purchase Loans i

14

(Feb 2025)

-22.2%

year-over-year

y-o-y

February '25 Feb '25 14
January '25 Jan '25 24
December '24 Dec '24 12
November '24 Nov '24 29
October '24 Oct '24 32
September '24 Sep '24 46
August '24 Aug '24 25
July '24 Jul '24 37
June '24 Jun '24 26
May '24 May '24 34
April '24 Apr '24 32
March '24 Mar '24 18

Number of REFI Loans i

11

(Feb 2025)

+22.2%

year-over-year

y-o-y

February '25 Feb '25 11
January '25 Jan '25 18
December '24 Dec '24 28
November '24 Nov '24 23
October '24 Oct '24 12
September '24 Sep '24 33
August '24 Aug '24 25
July '24 Jul '24 15
June '24 Jun '24 23
May '24 May '24 20
April '24 Apr '24 23
March '24 Mar '24 13

Number of HELOC Loans i

9

(Feb 2025)

-10%

year-over-year

y-o-y

February '25 Feb '25 9
January '25 Jan '25 11
December '24 Dec '24 9
November '24 Nov '24 4
October '24 Oct '24 16
September '24 Sep '24 8
August '24 Aug '24 18
July '24 Jul '24 10
June '24 Jun '24 10
May '24 May '24 16
April '24 Apr '24 11
March '24 Mar '24 5

Faribault, MN 55021 Real Estate Market Overview

Last 30 days

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Faribault, MN 55021 Foreclosure Activity

There were a total of 2 Faribault, MN 55021 properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i

2

(Feb 2025)

year-over-year

y-o-y

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
June '24 Jun '24 2
May '24 May '24 N/A
April '24 Apr '24 N/A
March '24 Mar '24 1

Foreclosure Starts i

2

(Feb 2025)

year-over-year

y-o-y

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
June '24 Jun '24 2
May '24 May '24 N/A
April '24 Apr '24 N/A
March '24 Mar '24 1

Completed Foreclosures (REOs) i

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
June '24 Jun '24 N/A
May '24 May '24 N/A
April '24 Apr '24 N/A
March '24 Mar '24 N/A

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