Downtown Faribault (Downtown)
Data as of April 2026. Source: Realtor.com.
The FARIBAULT, MN real estate market (55021) currently shows 87 active listings, with 36 pending sales. Homes are averaging 35 days on the market before going under contract.
Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 35 days on market compared to 27 days last year.
The median listing price has risen 0.8% year-over-year, from $406,225 to $409,450.
Whether you are buying or selling in FARIBAULT, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 30,973 · Density: 67.6/mi² · Median household income: $66,742
Typical home value: $248,320 · Homeownership: 70.4%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 55021 | Faribault, MN 55021 | 0.0 mi | 75 | $30,691,800 | $340,975 | $409,224 |
| 55049 | Medford, MN 55049 | 8.5 mi | 4 | $1,139,800 | $269,900 | $284,950 |
| 55053 | Nerstrand, MN 55053 | 10.9 mi | 1 | $875,000 | $875,000 | $875,000 |
| 55057 | Northfield, MN 55057 | 13.0 mi | 75 | $49,253,850 | $468,225 | $656,718 |
| 55946 | Kenyon, MN 55946 | 15.7 mi | 12 | $2,862,108 | $283,550 | $238,509 |
| 55018 | Dennison, MN 55018 | 16.4 mi | 1 | $1,375,000 | $1,375,000 | $1,375,000 |
| 56096 | Waterville, MN 56096 | 16.6 mi | 14 | $5,362,000 | $297,500 | $383,000 |
| 55054 | Elko New Market, MN 55054 | 19.3 mi | 31 | $14,565,040 | $457,995 | $469,840 |
| 56093 | Waseca, MN 56093 | 20.2 mi | 27 | $7,458,804 | $309,625 | $276,252 |
| 55065 | Randolph, MN 55065 | 21.3 mi | 3 | $1,487,301 | $499,900 | $495,767 |
| 56028 | Elysian, MN 56028 | 22.2 mi | 4 | $2,978,768 | $777,175 | $744,692 |
| 56046 | Hope, MN 56046 | 22.8 mi | 1 | $319,900 | $319,900 | $319,900 |
| 56057 | Le Center, MN 56057 | 23.1 mi | 5 | $1,907,875 | $327,450 | $381,575 |
As of April 2026, there are 87 active listings in FARIBAULT, MN (zip code 55021), compared to 73 the prior year.
The median listing price in FARIBAULT, MN 55021 is $409,450 as of April 2026, a 0.8% increase from $406,225 the prior year.
Homes in FARIBAULT, MN 55021 spend an average of 35 days on the market before going under contract, compared to 27 days the prior year.
Based on current inventory and days-on-market data as of April 2026, FARIBAULT, MN 55021 is currently a Buyer's Market. Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 35 days on market compared to 27 days last year.
With SELL123.com's maximum 3% commission, sellers in FARIBAULT, MN 55021 save an estimated $8,189 compared to a typical 5% commission on the median listing price of $409,450. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.