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Multi-family homes for sale in Faribault, MN

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Faribault, MN Real Estate Market Overview

There are no multi-family homes for sale in Faribault, MN. The following market insights reflect all property types in the Faribault, MN real estate market. In June 2025 in Faribault, MN there were 29.8% more homes for sale than in May 2025. In June 2025, listings were on the market for 29 days. During the same period, the median list price in this real estate market was $320,000. In June 2025 more than 8 listings in Faribault, MN were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 10 were sold below.
From Rocket Homes Real Estate and based on county public records data

What is it like to live in Faribault, MN

Faribault is located in Rice County, Minnesota. There are roughly 20,968 residents, living in 7,352 households. The average temperature for Faribault this time of the year is low of 60F and high of 84F. On average, Faribault gets about 4.31 inches of precipitation in July. Most residents are home owners (66%), have a high school diploma (56%) and are single, no kids (41%).

Data provided by Home Junction

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

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