Faribault Real Estate Market
The median sale price for homes in Faribault over the last 12 months is $122,750.
The median mortgage debt is $108,030.
The price per square foot for listings in this area is $102.
The median sale price in January for single family homes is $181,162. The sale prices increased by 57.16% from the previous month.
The price per square foot for sales in this area is $86.
The number of active listings in Faribault increased by 10.3% from the previous month.
The median number of days active properties have been listed is 48. This is significantly shorter than the national average.
The number of sales in January dropped by 88.9% from the previous month.
The percent of unoccupied properties is very low in Faribault. It is -10.67% below the national average.
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