Comprehensive market data and analysis• Updated Oct 2026
8.3 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 2 | 4 | 12 |
| 1-2 acres | - | - | 1 | 3 |
| 2-5 acres | - | 1 | 2 | 3 |
| 5-10 acres | 1 | 1 | 1 | 1 |
| 10-20 acres | - | - | 1 | 1 |
| 20-50 acres | 1 | 4 | 4 | 4 |
| 50-100 acres | - | 1 | 1 | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 2 | 9 | 14 | 25 |
Acreage buckets
The median price for land in Faribault, Minnesota is currently $68K per acre. For a typical parcel, the median sale price is $62K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $22K while premium lots reached $425K.
Faribault, Minnesota is currently a balanced market with 8.3 months of supply. Conditions favor neither buyers nor sellers significantly.
Faribault, Minnesota currently has 8.3 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
Land in Faribault, Minnesota typically sells within 300 days of listing. The median time on market is 69 days. Properties are moving slowly in the current balanced market.
The current absorption rate in Faribault, Minnesota is 12.0% (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 $62K. This translates to roughly $68K per acre for the typical parcel size. The average price is $142K, indicating some higher-priced properties pulling up the average.
There are currently 25 active listings in Faribault, Minnesota. 4 new listings have hit the market in the last 90 days. The median asking price is $175K.
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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Faribault on LandyDandy.
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