Housing Prices in Faribault County, MN
How much do homes in Faribault County, MN cost?
Median List Price
$139,900
$86/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Faribault County has increased by 7.7% since last year.
Summary: The median home list price in Faribault County was $139,900 in March 2024, up 7.7% from the previous year, and the median price per square foot was $86.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $33.7K | $89K | +163.7% |
| 2 Bedrooms | $129.4K | $110K | -15.0% |
| 3 Bedrooms | $124.9K | $125K | 0.1% |
| 4 Bedrooms | $158.2K | $169.9K | +7.4% |
| 5+ Bedrooms | $84.9K | $189.9K | +123.7% |
Summary: Faribault County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 163.7%, 2 bedroom homes decreased by 15%, 3 bedroom homes increased by 0.1%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 123.7%.
Median List Price Compared To Nearby Counties
| Martin County | $141.2K | $169.9K | +20.3% |
| Waseca County | $222.2K | $241.4K | +8.7% |
| Faribault County | $129.9K | $139.9K | +7.7% |
| Blue Earth County | $294.9K | $299.9K | +1.7% |
Housing Supply in Faribault County, MN
How many homes are available in Faribault County, MN?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 34 | 37 | +8.8% |
Summary: The Faribault County real estate market had 37 homes for sale in March 2024, a 8.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 18 | 21 | +16.7% |
| 4 Bedrooms | 11 | 10 | -9.1% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Faribault County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 100%.
Days on Market for Faribault County, MN
How long does it take to sell a home in Faribault County, MN?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 116 Days | 88 Days | -24.1% |
Summary: Homes in Faribault County had an average listing age of 88 days in Mar 2024, down by 24.1% compared to the previous year.
