How much does it cost to buy a house in Faribault, MN?

In May 2026 Faribault homes were listed to buy for a median price of $337K, which is a 10% decrease to April 2025 last month, and a 10% decrease to May 2025 last year. The median value of a home listed to buy in Faribault in May 2026 was $181 per sqft,

Is it affordable or expensive to live in Faribault, MN?

It is affordable to live in Faribault. Buying a home in Faribault is 1% less expensive compared with the national average.

Is the Faribault, MN housing market slowing down?

In May 2026, homes to buy in Faribault spent an median 36 days on the market, a same May 2025 last year.

What are the best and safest places to live in Faribault, MN?

The best and safest neighborhoods to live in Faribault in May 2026 are Lake Villa Golf Estates, Middle Creek, Cedar Isle Estates, Fieldstone Creek, Palomino Hills, Hunters Wood Townhomes, Dodd Marsh Highlands, Summit Shores, Diamond Path, Waterford Village, Crystal Lake, Cobblestone Lake, Bards Crossing, Mallard Shores, Walden Townhouse, Birnamwood, Vermillion Grove, Orchard Pointe, Cedar Pointe, Morningview

How much money should I make to buy a house in Faribault, MN?

In May 2026, Faribault homes were listed to buy for a median price of $337K, with 25% down you would need $1.94K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $66.7K.