Downtown Faribault (Downtown)
Data as of September 2026. Source: Realtor.com.
The FARIBAULT, MN real estate market (55021) currently shows 129 active listings, with 24 pending sales. Homes are averaging 60 days on the market before going under contract.
Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 60 days on market compared to 43 days last year.
The median listing price has risen 0.6% year-over-year, from $396,225 to $398,750.
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 September 2026, there are 129 active listings in FARIBAULT, MN (zip code 55021), compared to 114 the prior year.
The median listing price in FARIBAULT, MN 55021 is $398,750 as of September 2026, a 0.6% increase from $396,225 the prior year.
Homes in FARIBAULT, MN 55021 spend an average of 60 days on the market before going under contract, compared to 43 days the prior year.
Based on current inventory and days-on-market data as of September 2026, FARIBAULT, MN 55021 is currently a Buyer's Market. Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 60 days on market compared to 43 days last year.
With SELL123.com's maximum 3% commission, sellers in FARIBAULT, MN 55021 save an estimated $7,975 compared to a typical 5% commission on the median listing price of $398,750. 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.