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ZIP 55021 in Faribault, MN: housing market trends

The median home sale price in ZIP 55021 in Faribault, MN was $281,667 for the three-month period ending September 2026. Sale prices were 9.7% lower than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$281,667
three-month period ending September 2026
Median sale price per sq ft
$168.99
three-month period ending September 2026
Active listings
190
three-month period ending September 2026
Typical monthly rent
$1,338
Rent index · August 2026

How is housing inventory changing?

There were 190 active listings for the three-month period ending September 2026. Active listings were 6.1% higher than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 30 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 55021 in Faribault, MN
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$281,667$168.9998
Single-familySeptember 2026$281,679$168.2490
TownhousesSeptember 2026$284,950$195.238 · small sample
Condos / co-opsSeptember 2026UnavailableUnavailableUnavailable
Multifamily (2–4 units)September 2026UnavailableUnavailableUnavailable

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 55021 in Faribault, MN
MarketMedian sale priceReporting period / source
Faribault, MN$264,8743 months ending September 2026 · Redfin
Warsaw, MN$590,7193 months ending September 2026 · Redfin
Medford, MN$298,3583 months ending September 2026 · Redfin
Dundas, MN$411,8043 months ending September 2026 · Redfin
Morristown, MN$246,8823 months ending September 2026 · Redfin
Nerstrand, MN$421,2493 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 55021 in Faribault, MN
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$281,667$168.99190
August 2026$303,000$169.03189
July 2026$295,000$171.59206
June 2026$311,000$168.41186
May 2026$278,000$160.72170
April 2026$271,250$160.51145
March 2026$269,900$161.06126
February 2026$272,000$161.06122
January 2026$310,000$156.25137
December 2025$310,000$153.85162
November 2025$310,000$164.87180
October 2025$311,500$168.92195
September 2025$311,900$173.50179
August 2025$313,550$167.58198
July 2025$314,500$171.41186
June 2025$314,500$169.69181
May 2025$325,500$157.09157
April 2025$300,000$157.38134
March 2025$305,000$157.09109
February 2025$296,900$171.26108
January 2025$300,000$167.25124
December 2024$309,500$168.24146
November 2024$304,450$155.76155
October 2024$325,000$160.60166

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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