5

Faribault, MN Homes for Sale under $200,000

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  • 227 3rd Ave NE, Faribault, MN 55021
    227 3rd Ave NE, Faribault, MN 55021
    227 3rd Ave NE, Faribault, MN 55021
    /31

    $200,000

    • 3 Beds
    • 2 Baths
    • 1,222 Sq Ft

    227 3rd Ave NE, Faribault, MN 55021

    Prepare to be captivated by this lovely home that offers an ideal combination of location, spaciousness, and modern updates. This beautifully appointed residence features three bedrooms and two bathrooms, complemented by an oversized garage that provides ample storage and convenience. As you step inside, you'll be greeted by a seamless open-concept living and dining area, perfect for hosting

    Agent Photo

    Michelle Jasinski

    Weichert, REALTORS- Heartland

    (507) 936-3442

    227 3rd Ave NE, Faribault, MN 55021
  • XXX Ivanhoe Ct, Faribault, MN 55021
    XXX Ivanhoe Ct, Faribault, MN 55021
    XXX Ivanhoe Ct, Faribault, MN 55021
    /8

    $170,000

    • Land
    • 3 Acres
    • $56,667 per Acre

    XXX Ivanhoe Ct, Faribault, MN 55021

    Nestled amidst the beauty of lake, stream, and woods... what a breathtaking location to build your new home! This stunning property spans 3 acres with over 450 feet of lakeshore along the west side of Cedar Lake. Wake up to beautiful sunrises on your private wooded lot. Cedar Creek Estates is an intimate development of 8 properties complete with a community septic system. You’ll have access

    Daryl Bauer Re/Max Advantage Plus

    XXX Ivanhoe Ct, Faribault, MN 55021
  • 1940 30th St NW, Faribault, MN 55021
    1940 30th St NW, Faribault, MN 55021
    /2

    $159,900

    • Land
    • 0.9 Acre
    • $177,667 per Acre

    1940 30th St NW, Faribault, MN 55021

    Nice commercial lot in high traffic area. Easy access to freeway interchange, ready to build!

    Dave Campbell Weichert, REALTORS- Heartland

    1940 30th St NW, Faribault, MN 55021
  • 2917 Millie Ave, Faribault, MN 55021
    2917 Millie Ave, Faribault, MN 55021
    2917 Millie Ave, Faribault, MN 55021
    /30

    $175,000

    • 3 Beds
    • 2 Baths
    • 1,216 Sq Ft

    2917 Millie Ave, Faribault, MN 55021

    ** Welcome Home ** This charming little home has so much to offer! Featuring 3 bedrooms, 2 full bathrooms, a wide open eat-in kitchen, and an additional flex room perfect for a den or home office. Enjoy a cozy living room accented by tall ceilings and large windows that fill the space with natural light ~ everything on ONE LEVEL including laundry! Outside, you’ll love the large maintenance-free

    Tracy Feran Pemberton RE

    2917 Millie Ave, Faribault, MN 55021
  • 14xxx Camp Winona Trail, Faribault, MN 55021
    14xxx Camp Winona Trail, Faribault, MN 55021
    14xxx Camp Winona Trail, Faribault, MN 55021
    /9

    $149,900

    • Land
    • 1.8 Acres
    • $83,278 per Acre

    14xxx Camp Winona Trail, Faribault, MN 55021

    Come enjoy lake life at this beautiful property on almost two acres with over 100 feet of access on Shields Lake. Panoramic views and located adjacent to 40 plus acres of State of Minnesota land. Per Rice County Planning and Zoning the site does have a building eligibility. There would have to be some considerations for construction in the floodplain as much of the site is covered in it. Up to 4

    Kathy Kalow Edina Realty, Inc.

    14xxx Camp Winona Trail, Faribault, MN 55021
Minnesota Rice County Faribault

Real Estate & Homes in Faribault, MN under $200,000

Home Trends in Faribault, MN

On average, homes in Faribault, MN sell after 44 days on the market compared to the national average of 53 days. The median sale price for homes in Faribault, MN over the last 12 months is $290,000, up 9% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$290,000
Median Single Family Sale Price
$299,000
Median Townhouse Sale Price
$302,000
Average Price Per Sq Ft
$164
Number of Homes for Sale
94
Last 12 months Home Sales
241
Months of Supply
4.70
Median List Price
$293,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
9%
How to Buy a Home How to Finance a Home How to Sell a Home

In Faribault, you'll find a diverse selection of properties with 5 homes for sale under $200,000, catering to budget-conscious buyers seeking affordable housing solutions. Whether you're a first-time homebuyer in search of a cozy starter home or an investor eyeing a promising opportunity, these affordable homes provide a gateway into the real estate market in Faribault, MN.

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