Faribault, MN Real Estate Market Summary – September 8, 2026
In Faribault, MN, the real estate market saw 36 homes sold in the last 30 days, averaging about 1.2 homes sold per day. The average home offered about 2,003 square feet of living space and had an average sale price of $371,668.
| Metric | 30 Days |
|---|---|
| Number Sold | 36 |
| Sold Per Day | 1.20 |
| Average SQFT | 2003 |
| Median Sales Price | $319,500 |
| Average Sales Price | $371,668 |
| Average Price Per SQFT | $195 |
| Average Days on Market | 17 |
| Average Year Built | 1971 |
Faribault, MN Single Family Home Analysis
Among single-family homes, 34 properties were sold with an average sale price of $376,914. These homes typically featured around 1,994 square feet of living space and had a median days on market of 18.
| Metric | 30 Days |
|---|---|
| Number Sold | 34 |
| Sold Per Day | 1.13 |
| Average SQFT | 1994 |
| Median Sales Price | $319,500 |
| Average Sales Price | $376,914 |
| Average Price Per SQFT | $197 |
| Average Days on Market | 17 |
| Average Year Built | 1969 |
Faribault, MN Condo & Townhome Analysis
In the condo and townhome segment, there were only 2 sales, averaging a sale price of $282,500. These units offered approximately 2,157 square feet of living area and had a quick turnover, averaging just 15 days on the market.
| Metric | 30 Days |
|---|---|
| Number Sold | 2 |
| Sold Per Day | 1 every 15.00 days |
| Average SQFT | 2157 |
| Median Sales Price | $282,500 |
| Average Sales Price | $282,500 |
| Average Price Per SQFT | $152 |
| Average Days on Market | 15 |
| Average Year Built | 2005 |
Buyer & Seller Analysis
- 1.20 homes sold per day in the overall market.
- Average days on market is 17 days for all properties.
- Median sale price across all segments is $319,500.
- 2 condo or townhome properties sold, indicating limited movement in that segment.
Conclusion
The recent data indicates a steady pace of sales in Faribault with stable prices across various segments. The average days on market shows a relatively quick turnover for most properties.