Housing in Faribault
Faribault's housing market runs modestly affordable relative to the national average, with a real, disclosed cross-source and cross-month spread worth confirming directly.
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Learn moreA real, disclosed price spread across 2026
Faribault's zip-55021 typical home value ran $282,110 this pass, while August 2026 median list prices ran notably higher at $372,000 -- and May 2026 median list prices ran lower still at $337,000, itself down a disclosed 10% year-over-year.
A wide recently-sold price range
Recently sold homes in Faribault ranged from approximately $125,000 to $525,000 this pass found -- a real, wide range reflecting genuine variation in home size, condition, and location across the local market.
A modest, real affordability edge over the national average
Buying a home in Faribault runs approximately 1% less expensive than the national average per this pass's own research -- a modest, not dramatic, affordability edge worth disclosing honestly rather than overselling.
Key takeaways
- Home values run $282,110 (zip 55021 typical value) to $372,000 (August 2026 median list) depending on source.
- Recently sold homes ranged widely, from approximately $125,000 to $525,000.
- Faribault runs a modest, real 1% affordability edge below the national housing average.
- Confirm current, address-specific pricing directly given the real cross-source and cross-month spread.
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