Faribault Housing Information - Census

IndexFaribaultMinnesotaNational
Median home price$138,500$191,500$184,700
Median rent asked$717$873$949
Avg. people per household2.52.42.6
Owner occupied households65.4%71.4%63.6%
Renter occupied households34.6%28.6%36.4%

Faribault Housing Information - Zillow

IndexFaribaultMinnesotaNational
Zillow home value index$187,230$225,210$213,146
Year over year appreciation rate6.58%8.17%8.00%
5 year average appreciation rate6.16%7.16%6.57%
10 year average appreciation rate1.36%1.78%1.33%

Did you know?

  • The median home price in Faribault is 25% lower than the national average.
  • The median rent asked in Faribault is 24% lower than the national average.
  • The average number of people per household in Faribault is 6% lower than the national average.
  • The number of owner occupied households in Faribault is 3% higher than the national average.
  • The number of renter occupied households in Faribault is 5% lower than the national average.

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Compare Faribault, MN Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Kilkenny, MN211$88,10052%
Montgomery, MN2,919$115,10038%
Morristown, MN918$116,30037%
Kenyon, MN1,852$122,00034%
Waseca, MN9,267$123,50033%
Faribault, MN23,530$138,50025%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Keene, NH23,537$183,3001%
Kingston, NY23,506$167,00010%
Cloverleaf, TX23,505$96,10048%
Old Bridge, NJ23,569$348,60089%
Bainbridge Island, WA23,576$569,700208%
Faribault, MN23,530$138,50025%
Source: The Faribault, MN housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.