Faribault County, MN Home Values & Market Trends

The median home price in Faribault County, MN is $108,536.03. There were 239 home sales in Faribault County, MN over the past 12 months. The median residential Faribault County, MN home value for transactions over the previous year is $114,900. The number of current listings in Faribault County, MN is 28, and the percentage of properties for sale is 28.00%. The county has 10 foreclosures, 1 bank owned properties, 9 headed for auction, and 28 properties for sale.

Faribault County, MN Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Blue Earth

$ 167,450

$ 57/sqft

Frost

$ 110,000

$ 63/sqft

Wells

$ 112,174

$ 80/sqft

Elmore

$ 109,000

$ 41/sqft

Winnebago

$ 164,500

$ 80/sqft

Bricelyn

$ --

$ --

Kiester

$ 96,439

$ 45/sqft

Easton

$ --

$ --

Minnesota Lake

$ 371,500

$ 290/sqft

Delavan

$ --

$ --

Housing Market Summary for Faribault County, MN

Mar 2023February 2024Change
Median Listing Price$129.9K$117.5K-9.54%
Median Sold Price$106.4K$117.5K10.40%
Homes For Sale2823-17.86%
Homes Sold1261357.14%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Faribault County, MN

Faribault County, MN home values range from $16,010 to $3,326,000. Minnesota Lake is the priciest city with a median listing home price of $369,000, and Kiester is most affordable with average house prices of around $93,450.

Foreclosure
There are 10 cities within Faribault County, MN; within these cities, the median estimated home value for homes in foreclosure ranges from $115,437 in Frost to the lowest value of $61,996 in Frost. Foreclosure homes account for 0.00% of properties in Faribault County, MN with Wells containing 4 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Faribault County, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 10 cities within Faribault County, MN; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Faribault County, MN ranges from the highest value of $110,077 in Winnebago to the lowest value of $110,077 in Winnebago. Bank owned homes and properties account for 0.02% of properties in Faribault County, MN. There are 10 cities within Faribault County, MN; Winnebago containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Wells has 4 auction properties, the highest number of properties going to auction in a single city in the state of Faribault County, MN. Auction homes and other auction properties account for 0.16% of all properties in Faribault County, MN. There are 10 cities within Faribault County, MN; of those cities, the median estimated home value for homes going to auction ranges from $431,019 in Winnebago to the lowest value of $61,996 in Winnebago.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.48% of residential properties in Faribault County, MN with Blue Earth containing 10 homes for sale, the highest number of listed properties in a single city. There are 10 cities within Faribault County, MN; homes for sale in those cities, have a range of median values from $518,000 in Minnesota Lake to the lowest value of $34,624 in Kiester.
    Sold Homes
    The median value for recently sold homes ranges from $210,189 in Frost to the lowest price of $18,230 in Frost. There are 10 cities within Faribault County, MN. Wells has 34 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.23% of properties in Faribault County, MN.

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      Guide for Faribault County, MN

      Market Reports
      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
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      Newark Real Estate Market Report, March 2024
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      How To Get House Mortgage With Low Credit Score
      Wholesale
      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
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      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      Market Reports|posted 14 March 2024

      The article provides a comprehensive analysis of real estate market trends in Minneapolis and its surrounding cities, highlighting various shifts in property values and sales. The observations reflect a diverse and dynamic market catering to varying buyer preferences and budgets.

      Newark Real Estate Market Report, March 2024
      Market Reports|posted 22 March 2024

      The Newark real estate market from 2023 to 2024 exhibited a strong upward growth pattern, with slight fluctuations in property values and sale price per square foot.

      How To Get House Mortgage With Low Credit Score
      Home Buying Financing|posted 22 March 2024

      Learn how to secure a house mortgage even with a low credit score.

      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Wholesale|posted 20 March 2024

      Explore the legal pitfalls to avoid when dealing with pre-foreclosure sellers. Learn how to navigate the complex process safely and protect yourself from costly mistakes and legal complications.

      Recently Listed Homes Faribault County, MN

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