House Prices

House Prices & Home Values Faribault, MN 2026


Average Data

average house price$187,500
average size per house1482 ft²
average price per ft²127 $ / ft²

06/27/2026 - The value range (VR) for house prices in Faribault, MN is $132/ sqft to $132/ sqft. An average home with 1482 sqft costs approximately $195,624 to $195,624. Faribault, MN includes 1 ZIP codes and it is located in Rice county. The lowest prices are found in ZIP 55021, while the highest are in ZIP 55021. The average price per sqare feet is $127. Our analysis is based on 9 property listings.

Avergage prices by ZIP codes Faribault

55021136 $ / ft²




Historical development of home values in Faribault

Year Estimated value (USD) Change vs. 2025
2010 $87,078 -53.6%
2011 $83,711 -55.4%
2012 $83,486 -55.5%
2013 $86,606 -53.8%
2014 $90,913 -51.5%
2015 $95,579 -49.0%
2016 $100,566 -46.4%
2017 $105,994 -43.5%
2018 $111,854 -40.3%
2019 $117,041 -37.6%
2020 $123,091 -34.4%
2021 $140,003 -25.3%
2022 $163,212 -13.0%
2023 $172,115 -8.2%
2024 $182,072 -2.9%
2025 $187,500 0.0%

Graph: estimated home values in Faribault over time (USD)



Example: 100% financing house in Faribault

Loan amount: $187,500

Interest rate: 6.00%

Fixed monthly payment: $1,124.16

Breakdown in the 1st month:
Interest portion: $937.50  –  Principal portion: $186.66

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $11,187.36 $2,302.52 $185,197.48
2 $11,045.35 $2,444.54 $182,752.94
3 $10,894.58 $2,595.31 $180,157.63
4 $10,734.50 $2,755.38 $177,402.25
5 $10,564.56 $2,925.33 $174,476.92
6 $10,384.13 $3,105.76 $171,371.16
7 $10,192.57 $3,297.31 $168,073.85
8 $9,989.20 $3,500.68 $164,573.16
9 $9,773.29 $3,716.60 $160,856.57
10 $9,544.06 $3,945.83 $156,910.73
11 $9,300.69 $4,189.20 $152,721.53
12 $9,042.31 $4,447.58 $148,273.95
13 $8,767.99 $4,721.90 $143,552.05
14 $8,476.75 $5,013.14 $138,538.92
15 $8,167.55 $5,322.33 $133,216.58
16 $7,839.28 $5,650.60 $127,565.98
17 $7,490.77 $5,999.12 $121,566.86
18 $7,120.75 $6,369.13 $115,197.72
19 $6,727.92 $6,761.97 $108,435.76
20 $6,310.86 $7,179.03 $101,256.72
21 $5,868.07 $7,621.82 $93,634.91
22 $5,397.97 $8,091.92 $85,542.99
23 $4,898.88 $8,591.01 $76,951.98
24 $4,369.01 $9,120.88 $67,831.10
25 $3,806.45 $9,683.44 $58,147.66
26 $3,209.20 $10,280.69 $47,866.97
27 $2,575.11 $10,914.78 $36,952.19
28 $1,901.91 $11,587.98 $25,364.21
29 $1,187.18 $12,302.70 $13,061.51
30 $428.38 $13,061.51 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Faribault, MN


1500 sqft3900 sqft
Ø selling price$230,506$490,348
Ø fast selling$209,551$441,313
Ø high price sale$251,461$539,382

In 2026, houses in Faribault, MN will be offered at an average price of $127 per square foot. A 1,500 sqft home priced at $230,506 is 23.62% more expensive per square foot than a 3,900 sqft home priced at $490,348. Home prices in Faribault, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $339,471. Sellers who can wait longer may achieve a higher price of up to $414,910.

FAQ – Home Values in Faribault

What is the median home value in Faribault in 2026?

In 2026, the typical home value in Faribault is about $187,500 for an average home size of 1482 square feet. This corresponds to an average price of roughly $127 per square foot.

What is the average cost per square foot in Faribault?

In 2026, homes in Faribault sell for an average of around $127 per square foot, with a typical range between $132 and $132 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Faribault is about 1482 square feet, with an estimated 2026 value around $187,500.



Locations close to Faribault, MN

Farmington, MN161 $ / ft²
Forest Lake, MN156 $ / ft²
Frontenac, MN132 $ / ft²
Elko New Market, MN140 $ / ft²
Dundas, MN188 $ / ft²
Dennison, MN150 $ / ft²
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