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MN area data

Faribault, MN

Faribault, MN.

Population: 30,908 (Census ACS)

Home values & appreciation

Median home value
$306,794
1-year appreciation
+2.6%
3-year appreciation
+10.3%
5-year appreciation
+23.0%
10-year appreciation
+83.9%
All-time peak (2026-04)
$307,026
House Price Index
429.3 (+3.3% YoY)

Market activity

Median sale price
$105,000
Median days on market
20 days
Sale-to-list ratio
105.5%
1-year forecast
+1.1%
Days to pending
38 days
New listings (monthly)
43

Rents

Typical rent
$1,449/mo
1BR fair-market rent
$943/mo
3BR fair-market rent
$1,529/mo

Affordability

Cost of living index (Average)
97.5 (100 = US avg)
Electricity rate (state-level)
15.8¢/kWh
Natural gas rate (state-level)
$11.00/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
20
Elementary schools
4
Middle schools
3
High schools
7
Charter schools
2

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
hail, strongWind, coldWave, inlandFlooding, tornado
FEMA flood zone
AE
Flood risk level
High

Climate (30-year normals)

Annual precipitation
36.8 in

Walkability & transit

Walkability index
8.5 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
1
Nearest national park
Mississippi National River & Recreation Area (45 mi)
Nearest airport
Faribault Municipal Airport-Liz Wall Strohfus Field (FBL) (2 mi)
Hospitals nearby (~15 mi)
1
Solar radiation rating
Fair (3.8 kWh/m²/day)

Migration

Net migration
-12 tax filers

Housing stock

Median year housing built
1,974
Median annual property tax
$2,446
Mean commute to work
19 min
Households with broadband internet
68.7%

Employment & development

Total county employment
22,022
Average weekly wage
$1,065
Top industries (by employment)
Health Care, Accommodation & Food, Education
Annual residential building permits (county)
50

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents