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Explore Similar Condos Within 25 Miles of Faribault, MN

  • /25

    $135,000

    • 2 Beds
    • 1 Bath

    4680 Tower St SE Unit 216, Prior Lake, MN 55372

    Easy one Level Living in the heart of Prior Lake. This is a second level unit in a electronic security building is a nicely finished 2 bedroom condominium. Features include spacious living and dining areas, walk-through primary bath, Sliding doors to your personal covered-deck, overlooking private wooded area, stainless appliances, updated cherry flooring and enameled doors, large closets and

    Troy Scott RES Realty

    4680 Tower St SE Unit 216, Prior Lake, MN 55372

Why Live in Faribault

Faribault, Minnesota, situated at the confluence of the Cannon and Straight Rivers, is 50 miles south of Minneapolis and 54 miles south of St. Paul. Historically an industrial hub, Faribault continues to thrive with multiple manufacturing plants and the Minnesota Correctional Facility, the state's largest prison, as major employers. The city, with fewer than 24,000 residents, offers modest, affordable homes in various styles such as Colonial Revival, Craftsman, and ranch-style, with larger stone facade homes found in the Legacy Golf Village neighborhood. Shattuck-St. Mary’s, a renowned private boarding school, is notable for its exceptional ice hockey program, producing numerous NHL players, and its growing soccer program. Faribault's vibrant downtown features popular dining spots like Depot Bar and Grill and Basilleo’s Pizza, alongside local shops on Central and Lyndale Avenues. Outdoor enthusiasts can enjoy the River Bend Nature Center's 743 acres of natural habitat, including Turtle Lake and Fossil Beach, with year-round activities like cross-country skiing, hiking, and biking. The city is part of the Faribault Public School District, known for its diversity, and houses Minnesota’s State Academies for the Deaf and Blind. Hiawathaland Transit services the area, though it remains car-dependent, with Interstate 35 providing direct access to Minneapolis. The crime rate in Faribault is on par with the national average, and some areas may be prone to flooding due to the proximity to rivers.

Home Trends in Faribault, MN

Housing Trends

Median Sale Price
$400,000
Median Single Family Sale Price
$400,000
Average Price Per Sq Ft
$219
Number of Homes for Sale
4
Last 12 months Home Sales
37
Months of Supply
1.30
Median List Price
$400,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-10%
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