Comprehensive market data and analysis• Updated Dec 2025
10.3 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 5 | 9 | 16 |
| 1-2 acres | - | 1 | 1 | 5 |
| 2-5 acres | - | 1 | 2 | 2 |
| 5-10 acres | - | - | 1 | 2 |
| 10-20 acres | - | - | 1 | 1 |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | 1 | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 7 | 15 | 28 |
Acreage buckets
The median price for land in Faribault, Minnesota is currently $102K per acre. For a typical parcel, the median sale price is $82K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $39K while premium lots reached $335K.
Faribault, Minnesota is currently a buyer's market with 10.3 months of supply. Buyers have more negotiating power and can take time to find the right property.
Faribault, Minnesota currently has 10.3 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
Land in Faribault, Minnesota typically sells within 248 days of listing. The median time on market is 63 days. Properties are moving slowly in the current buyer's market.
The current absorption rate in Faribault, Minnesota is 9.7% (3-month basis), indicating moderate demand. The top-performing broker in this market is Weichert, REALTORS- Heartland.
The median land price in Faribault, Minnesota stands at $82K. This translates to roughly $102K per acre for the typical parcel size. The average price is $144K, indicating some higher-priced properties pulling up the average.
There are currently 24 active listings in Faribault, Minnesota. 3 new listings have hit the market in the last 90 days. The median asking price is $110K.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
