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Faribault County Home Values and Market Report

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LakeMinnetonkaRealEstate.com
Report prepared by LakeMinnetonkaRealEstate.com
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Market at a glance

Over the last 12 months, homes sold for 1770383.9% of list price in 110 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $202K Sold · $191K
$340K$260K$180K$100K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 19 sales in Oct. Last month: 19.

Where the market stands

All homes in this report, by status.

182homes
Active50 · 27%
Under contract17 · 9%
Sold (12 mo)115 · 63%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

4.1months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$155K
Under contract$361K
Sold$196K

Average days on market

Active308 days
Under contract117 days
Sold110 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 50
Average list price $155,303
Avg. days on market 308 days
Avg. price per ft² $105 Based on 26 of 50 homes
Avg. living area 1,690 ft² Based on 26 of 50 homes
Avg. beds / baths 3.2 / 2.0

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

24 homes didn’t report living area and aren’t shown.

$600K$400K$200K$0

Price vs. living area: 26 homes plotted, up to $600K and 3,000 ft².

0 ft²1,0002,0003,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

25 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

54732 110th Street$240
11404 330th Avenue$238
401 N Main Street$166
474 10th Avenue SW$166
18 Ann Street S$150
52030 65th Street$138
557 2nd Avenue SE$126

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
706 E Iowa StreetElmore, MN 56027 521,700$99,000$583 days
214 W Kapplinger StreetKiester, MN 56051 321,565$182,900$1169 days
412 N Main StreetBricelyn, MN 56014 421,672$59,999$3511 days
557 2nd Avenue SEWells, MN 56097 421,702$215,000$12616 days
119 5th Avenue WMinnesota Lake, MN 56068 231,804$199,900$11018 days
56182 60th StreetKiester, MN 56051 ——1,321$54,500$4119 days
52030 65th StreetBricelyn, MN 56014 421,336$185,000$13819 days
228 W 4th StreetBlue Earth, MN 56013 421,881$125,000$6619 days
136 S Main StreetKiester, MN 56051 332,640$150,000$5627 days
11890 390th AvenueBlue Earth, MN 56013 ———$250,000—34 days
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Questions about this market?

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These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.