Downtown Faribault (Downtown)
Data as of July 2026. Source: Realtor.com.
The FARIBAULT, MN real estate market (55021) currently shows 125 active listings, with 27 pending sales. Homes are averaging 39 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 selling faster, averaging 39 days on market compared to 41 days last year.
The median listing price has risen 0% year-over-year, from $379,925 to $379,950.
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 July 2026, there are 125 active listings in FARIBAULT, MN (zip code 55021), compared to 111 the prior year.
The median listing price in FARIBAULT, MN 55021 is $379,950 as of July 2026, a 0% increase from $379,925 the prior year.
Homes in FARIBAULT, MN 55021 spend an average of 39 days on the market before going under contract, compared to 41 days the prior year.
Based on current inventory and days-on-market data as of July 2026, FARIBAULT, MN 55021 is currently a Balanced Market. Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice. Homes are selling faster, averaging 39 days on market compared to 41 days last year.
With SELL123.com's maximum 3% commission, sellers in FARIBAULT, MN 55021 save an estimated $7,599 compared to a typical 5% commission on the median listing price of $379,950. 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.