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market report · 55021
Faribault, MN · 55021
61 active listings$340,000 median ask$2,357 est. rent0.7% price/rent
$340,000
Median list price
$2,357/mo
Estimated rent
0.7%
Price / rent ratio
61
Listings
FHFA home price index · 2016–2025
73.7% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.24
Median rent / sqft
54 comps
$177.05
Median sold / sqft
54 comps
—
Walkability
3.9%
Area unemployment
BLS LAUS
Median household income $68,820 · median home value $280,200 · ACS 2024.
Natural-hazard risk Relatively High (FEMA NRI score 97).
12 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
3 2nd St, Faribault, MN 55021
Faribault, MN
$119,900$2,327/mo1.9%
907 2nd Ave, Faribault, MN 55021
Faribault, MN
$125,900$2,243/mo1.8%
9 2nd Ave, Faribault, MN 55021
Faribault, MN
$274,900$3,530/mo1.3%
22 2nd St, Faribault, MN 55021
Faribault, MN
$219,000$2,387/mo1.1%
710 1st Ave, Faribault, MN 55021
Faribault, MN
$225,000$2,297/mo1%
615 1st St, Faribault, MN 55021
Faribault, MN
$249,900$2,480/mo1%