Condos for sale in Faribault, MN

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Faribault, MN Real Estate Market Overview

In February 2025 in Faribault, MN there were 4.1% more homes for sale than in January 2025. The median list price of listings available in February 2025 was $310,000, while the average time on the real estate market was 66 days. Over 2 listings were sold over their listed price in February 2025 in Faribault, MN. In the same period over 5 listings were sold below the listed price and 3 listings were sold for the listed price.
From Rocket Homes Real Estate and based on county public records data

What is it like to live in Faribault, MN

Schools near Faribault, MN

Elementary Schools

  • Lincoln Elementary School

    510 Lincoln Ave NW

    Public District KG-5

  • Roosevelt Elementary School

    925 Parshall St

    Public District KG-5

  • Jefferson Elementary School

    922 Home Pl

    Public District KG-5

Middle Schools

  • Cannon River STEM School

    1800 14th St NE

    Public Charter KG-8

  • Faribault Middle School

    704 17th St SW

    Public District 6-8

High Schools

  • Faribault Area Learning Center

    2855 1st Ave NW

    Public District 9-12

  • Faribault High School

    330 9th Ave SW

    Public District 9-12

Data provided by Great Schools

Housing market reports in Rice County

Top real estate cities in Minnesota

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1The following offers are available only to clients who are purchasing a home and financing with Rocket Mortgage: (1) Client purchasing with a Rocket Homes Partner Agent through Rocket Homes will receive a lender paid credit that is 1.25% of their loan amount. For example, a $200,000 home purchase price minus a 5% down payment of $10,000 results in a loan amount of $190,000. Client would receive a credit of 1.25% of the $190,000, for a credit of $2,375 toward closing costs. (2) Client is referred by a real estate agent to buy a new home will receive a lender paid credit that is 0.50% of their loan amount. Offer does not apply to new loans submitted through an Executive Loan Officer, mortgage broker, through Schwab, or on nonagency jumbo loans, non-QM loans, bank statement loans, second lien products or team member loans. Offer may not be redeemed for cash and is nontransferable. Offer cannot be retroactively applied to loans where the rate has been locked. Conditions and exclusions apply. This is not a commitment to lend and is contingent on qualification per full underwriting guidelines.

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*Based on Rocket Mortgage data in comparison to public data records.

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