Faribault Homes under $250,000

Faribault Homes under $250,000

Welcome to Faribault, Minnesota, a charming city nestled in Rice County, where small-town warmth meets vibrant community spirit! With its rich history, picturesque landscapes, and a strong sense of belonging, Faribault is the perfect place for anyone looking to settle down and create lasting memories.

Faribault offers a delightful blend of urban amenities and rural tranquility, making it an ideal location for families, young professionals, and retirees alike. The city boasts a variety of parks, scenic trails, and recreational facilities, providing ample opportunities for outdoor enthusiasts to explore nature. Additionally, the historic downtown area features unique shops, cozy cafes, and local eateries that showcase the community's character.

For those seeking affordable housing options, Faribault presents an enticing market with homes available for under $250,000. Whether you're a first-time homebuyer or looking to downsize, you'll find a range of charming properties that fit your budget. From quaint bungalows to spacious family homes, the real estate landscape in Faribault offers something for everyone. Many of these homes feature inviting backyards, perfect for summer barbecues and family gatherings, while others showcase classic architectural details that reflect the city's rich heritage.

With excellent schools, a strong sense of community, and a low cost of living, Faribault is an exceptional choice for those looking to invest in a home without breaking the bank. Embrace the opportunity to become part of this welcoming community and discover the joys of living in Faribault, where your dream home awaits!

Newest Faribault Homes under $250,000

6000 Fairbanks Path Unit 15, Faribault
$110,000
ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7152382 MLS ⋅ 486 SqFt.
Seasonal lakefront cabin located on Lake Mazaska in Faribault. The property includes 2 bedrooms, 1 3/4 bathroom, an eat-in kitchen, living room, and a private dock with direct lake access. Additional features include a deck, patio, porch, propane heater, shared water system, and compliant septic system. The cabin is situated on leased land with access by private, unpaved roads. Longstanding, small seasonal lake community with remarkably inexpensive annual land rent. No garage or designated parking. An affordable opportunity for seasonal lake use, boating, fishing, and waterfront recreation.

6000 Fairbanks Path Unit 15, Faribault

Listing courtesy of Keller Williams Preferred Rlty.

8 Aspen Court, Faribault
$245,000
ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7151436 MLS ⋅ 1,603 SqFt.
Discover the potential in this split-level home tucked away on a quiet cul-de-sac. With a great location close to schools and a spacious backyard, this property offers plenty of opportunity to make it your own. Bring your vision and personal touches to update and refresh the home to fit your style. A great option for buyers looking for a home with room to grow and create something special.

8 Aspen Court, Faribault

Listing courtesy of eXp Realty.

545 Willow Street, Faribault
$219,900
ACTIVE Status ⋅ 3 Beds ⋅ 3 Baths ⋅ 7149595 MLS ⋅ 1,270 SqFt.
CHARM, CHARACTER & UPDATES! Discover a home that offers so much more than meets the eye! Beautifully maintained and filled with natural light, this charming two-story combines the character of an older home with thoughtful improvements throughout. Gorgeous hardwood floors welcome you inside, while the beautifully remodeled bathroom, featuring a spacious tiled walk-in shower and stylish finishes, adds a touch of modern luxury. Offering two bedrooms plus a versatile third pass-through room, this home provides flexibility for an additional sleeping space, home office, nursery, dressing room, or hobby area. The inviting four-season front porch creates another comfortable living space, perfect for morning coffee or relaxing year-round. Step outside and discover one of this property's standout features: a generous .30-acre lot with a fully fenced yard, backyard patio, and plenty of room to enjoy the outdoors. The oversized two-car garage with an attached workshop is a fantastic bonus for anyone needing additional storage, workspace, or room for hobbies. Additional improvements include updated windows, a newer roof, and an updated main-floor half bath. Conveniently located near parks, walking trails, downtown Faribault, shopping, and dining, this well-cared-for home delivers a wonderful combination of charm, functionality, outdoor space, and value. Come see everything this property has to offer!

545 Willow Street, Faribault

Listing courtesy of Weichert, REALTORS- Heartland.

416 3rd Street NE, Faribault
$199,900
ACTIVE Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 7143542 MLS ⋅ 1,060 SqFt.
Welcome home to this charming property featuring timeless hardwood floors and a warm, inviting layout. The spacious kitchen offers plenty of counter space, making meal prep and entertaining a breeze, while the open living and dining areas provide a comfortable flow for everyday living and gatherings. The bedrooms feature brand-new carpet for a fresh, cozy feel. Major updates include a roof that is less than a year old, offering added peace of mind for the next homeowner. Outside, enjoy a great private yard—perfect for relaxing, entertaining, or simply enjoying your own outdoor space. With its charming character, thoughtful updates, and functional layout, this home is ready to welcome its next owner!

416 3rd Street NE, Faribault

Listing courtesy of Set Apart Realty.

1201 2nd Avenue NW, Faribault
$189,900
ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7140865 MLS ⋅ 1,584 SqFt.
$10k PRICE DROP! ***THESE BOXES HAVE BEEN CHECKED....new roof 2026 (house & garage), new furnace 2026, new central air 2026, vinyl windows, and steel siding*** Affordable, roomy and packed with potential! This 2-story home offers a flexible floor plan with many of the big-ticket improvements already taken care of, allowing you to focus on cosmetic updates and personal touches. The main level features generous living and dining spaces, a large kitchen with abundant cabinetry and center island, plus a spacious main-floor bedroom with an adjoining full bath and convenient main-floor laundry. Upstairs offers 2 additional bedrooms and a full bath. The main floor addition was built in 1999. Outside, enjoy a large vinyl privacy-fenced backyard with plenty of room to relax, play or garden, along with a detached one-car garage and plenty of parking. Conveniently located near parks with easy access to Highways 3 and 21. At $189,900, this is an opportunity to build equity, add your own style and make this your own without starting with any major exterior expenses.

1201 2nd Avenue NW, Faribault

Listing courtesy of Re/Max Advantage Plus.

15 14th Street NE, Faribault
$219,900
ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7138461 MLS ⋅ 1,205 SqFt.
This beautifully updated 3 bedroom, 2 bath home blends classic character with modern comfort, offering a move-in-ready feel from the moment you walk in. Nearly everything has been improved within the last 5 years - from the all-new vinyl siding and refreshed flooring to the fully renovated bathrooms, updated trim, and modern fixtures throughout. The kitchen shines with newer appliances, cabinets, and countertops, while the newer HE furnace, HE water heater, central air, and 2019 roof provide peace of mind for years to come. You’ll also appreciate the newer second-floor windows, convenient carport for covered parking, and an on-site storage shed. With 1,205 finished sq ft and a layout that lives comfortably, this home offers the perfect mix of updates, function, and charm right in the heart of Faribault.

15 14th Street NE, Faribault

Listing courtesy of Edina Realty, Inc..

932 3rd Avenue NW, Faribault
$169,900
ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7137305 MLS ⋅ 2,051 SqFt.
Bring your vision to this spacious 4-bedroom, 2-bath, two-story home filled with potential. Featuring a 2-car garage with a staircase leading to a loft area, this property offers flexible space and exciting possibilities. With your decorating ideas and personal touches, you can transform this house into the home you’ve been waiting for. Bonus room could easily be used as a bedroom.

932 3rd Avenue NW, Faribault

Listing courtesy of RE/MAX Experts.

109 12th Street NW, Faribault
$249,900
ACTIVE Status ⋅ 3 Beds ⋅ 1 Baths ⋅ 7121178 MLS ⋅ 1,583 SqFt.
Welcome home! This well-maintained 3-bedroom home offers the perfect blend of comfort, flexibility and easy living—ideal for first-time buyers, downsizers or anyone looking for the convenience of main-level living. With a brand-new roof and gutters (August 2026), fresh paint throughout the entire home, new flooring and updated landscaping, this home is ready for you to move in and make it your own! The main level features three bedrooms and convenient laundry hookups in a bedroom closet, making everyday living easy and providing the option for true one-level living. The lower level adds valuable flexible space for a family room, home office, craft room, workout area, playroom or whatever fits your lifestyle. Potential to add 4th bedroom (egress window already installed) and a 2nd bathroom in lower level. You'll appreciate the added comfort and efficiency of recently replaced windows, while the insulated attached garage—with the potential to be heated—offers a great space for vehicles, hobbies, projects and extra storage. For additional peace of mind, the Seller is offering a one year home warranty for the new owner, paid at closing. Whether you're purchasing your first home, looking to simplify or simply want a home that offers easy living with room to grow, this one checks the boxes. Move-in ready, thoughtfully updated and full of possibilities—come take a look and see how easily this could become HOME!

109 12th Street NW, Faribault

Listing courtesy of Kris Lindahl Real Estate.

418 Prairie Avenue, Faribault
$249,900
ACTIVE Status ⋅ 3 Beds ⋅ 1 Baths ⋅ 7133155 MLS ⋅ 1,048 SqFt.
Beautiful updates, timeless charm, and room to grow—this move-in-ready home checks all the boxes! Featuring 3 bedrooms and 1 bath, you’ll love the gorgeous hardwood floors and inviting living room, where a cozy fireplace makes you feel right at home. The kitchen shines with hard-surface countertops, tile flooring, and updated stainless steel appliances, while the updated tile shower adds a stylish touch to the bathroom. Spacious bedrooms, including two on the main level, provide plenty of room to unwind. Looking for an opportunity to make it your own? The already-framed basement offers a head start toward expanding your living space and building equity. With a newer furnace, A/C, windows, and roof, you can enjoy the benefits of major updates already completed! Outside, the large corner lot delivers space to enjoy, complemented by beautiful landscaping, a patio for summer gatherings, a 2-stall garage, and ample parking. Add a convenient location near schools, parks, shopping, and major highways, and you have a home that’s easy to love. Don’t miss your chance—schedule your showing today!

418 Prairie Avenue, Faribault

Listing courtesy of Weichert, REALTORS- Heartland.

22 2nd Street SE, Faribault
$199,000
ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7110991 MLS ⋅ 1,892 SqFt.
NEWLY REMODELED HOME WITH FRESH PAINT THROUGHOUT, KITCHEN, NEW BATHROOMS, APPLIANCES, LVP FLOORING, CARPET, UPDATED ELECTRICAL, AND MORE. 4 BEDROOMS, 2 BATHS, 2 STALL GARAGE! NEWER ROOF AND VIYL SIDING AS WELL!

22 2nd Street SE, Faribault

Listing courtesy of Weichert, REALTORS- Heartland.

533 9th Street NW, Faribault
$229,900
ACTIVE Status ⋅ 3 Beds ⋅ 1 Baths ⋅ 7095963 MLS ⋅ 1,158 SqFt.
Experience the true essence of pride in ownership with this exceptional h Ascend to the upper level, where two additional rooms await, ideal for children, guests, or a home office, providing flexibility for your family's needs. This home also features a brand new water heater and water softener.ome, cherished by the same owner for over six decades. Every inch of this property radiates love and care, showcasing meticulous attention to detail that’s hard to find. Nestled gracefully on a spacious corner lot, this home presents a picturesque setting that welcomes you with open arms. As you approach the property, you're greeted by a vibrant yard adorned with magnificent mature maple and birch trees that provide dappled shade and a backdrop of natural beauty. The beautifully landscaped flower beds burst with color throughout the seasons, while a charming vegetable garden invites you to grow your own produce. Imagine sipping your morning coffee on the delightful front porch, a cozy spot that’s perfect for catching up on the news or simply enjoying the serene morning ambiance. The side patio extends an invitation to unwind after a long day, offering a peaceful space to gather with family and friends. The exterior of the home features a brand new roof and maintenance-free steel siding, combining durability with modern aesthetics. Stepping inside, you'll be enchanted by the warm and inviting atmosphere of the cozy den, complete with a stunning gas fireplace that becomes the heart of the home, perfect for those chilly evenings. The expansive kitchen is a chef’s dream, boasting ample oak cabinetry and generous counter space, making it easy to create family meals and memories together. It flows seamlessly into the formal dining room, which is both open and inviting, setting the stage for delightful gatherings and celebrations. Beyond lies a large living room, providing a comfortable space for relaxation and entertainment. The main level offers a conveniently situated bedroom, a full bathroom, and a laundry room equipped with a brand new washer and dryer, ensuring practical living. Ascend to the upper level, where two additional rooms await, ideal for children, guests, or a home office, providing flexibility for your family's needs. A remarkable feature of this home is the attached oversized two-car garage, which comes complete with a sturdy workbench and plentiful storage. It’s a haven for anyone who loves to tinker or take on DIY projects. Additionally, an extra storage shed lies in the yard, providing ample space for storing larger items such as a lawn mower, snow blower, fish house, trailer, fishing boat, and much more! This beautiful property is the dream home you’ve always envisioned. Don’t miss out on the opportunity to make it your own—call today for a private showing before it slips away!

533 9th Street NW, Faribault

Listing courtesy of Weichert, REALTORS- Heartland.

210 Willow Street, Faribault
$150,000
ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7058449 MLS ⋅ 946 SqFt.
Cute and cozy describes this one perfectly! Recently updated and renovated with fresh paint, light fixtures, all new flooring throughout, new toilet and sink in bathroom, new kitchen cabinets and counters, kitchen appliances are just a couple years old. Vaulted kitchen and patio walk out brings so much light into the home, refreshed front porch, adorable loft , so many ways to enjoy this home for cheaper than rent!!

210 Willow Street, Faribault

Listing courtesy of Keller Williams Preferred Rlty.

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