Are home prices going up or down in Faribault, MN?
In Faribault, MN, the typical home sold for $382,450 during May 2026. That is 6% higher than the same stretch a year ago, so prices are up.
Over the last 36 months the typical sale price in Faribault, MN went from $324,000 to $382,450 — up 18%.
The high point was $385,000, reached in July 2024. Today's typical sale is 1% below that.
Measured by size, homes in Faribault, MN are selling for about $183 per square foot. Price per square foot is the fairer comparison when the mix of what sells shifts from month to month — a run of big houses can push the typical price up without anything actually getting more expensive.
Source: Redfin's published market data for the Faribault, MN area, through May 2026.
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More about the Faribault, MN market
- When is the best month to sell a house in Faribault, MN?
- How long does it take to sell a house in Faribault, MN?
- Do homes sell above asking price in Faribault, MN?
- Is Faribault, MN a buyer's market or a seller's market?
- How many homes are for sale in Faribault, MN?
- All Faribault, MN housing numbers
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Figures come from Redfin's published market data for the Faribault, MN area, through May 2026. Neighborhood Numbers is an independent data publisher and is not affiliated with Redfin. We update these pages when Redfin publishes, once a month.