Is Faribault, MN a buyer's market or a seller's market?
Faribault, MN is a seller's market right now. There are 140 homes for sale, and at the current pace of sales it would take about 2.1 months to sell all of them.
The rule of thumb agents use: under three months of homes for sale favors sellers, over five months favors buyers, and in between is a fair fight. Faribault, MN sits at 2.1.
There are more buyers than homes for sale. Sellers have the edge. The typical home took 28 days to go under contract, and 25% of sales closed above the asking price.
Source: Redfin's published market data for the Faribault, MN area, through May 2026.
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More about the Faribault, MN market
- When is the best month to sell a house in Faribault, MN?
- How long does it take to sell a house in Faribault, MN?
- Do homes sell above asking price in Faribault, MN?
- Are home prices going up or down in Faribault, MN?
- How many homes are for sale in Faribault, MN?
- All Faribault, MN housing numbers
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Figures come from Redfin's published market data for the Faribault, MN area, through May 2026. Neighborhood Numbers is an independent data publisher and is not affiliated with Redfin. We update these pages when Redfin publishes, once a month.