$295,129Average Value$163Average Price per Sq Ft48Homes For Sale
A longtime industrial hub in southern Minnesota
Faribault, Minnesota is located at the confluence of two rivers 50 miles south of Minneapolis and 54 miles south of St. Paul. The meeting of the Cannon River and the Straight River, historically, made Faribault an ideal place for trade and shipping – something reflected by its namesake, fur trader Alexander Faribault. This industrial spirit is still alive in Faribault today, with multiple manufacturing plants providing employment opportunities for locals. A city of fewer than 24,000 people, Faribault has a lively downtown, with access to many recreational areas and relatively affordable housing.
Faribault has a vibrant downtown area.
A water tower welcomes people along Interstate 35 to Faribault.
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An active market of modest, affordable homes
Faribault has an active market of modest homes in various designs, including Colonial Revival, Craftsman and ranch-styles. There are some larger homes with stone facades in the Legacy Golf Village neighborhood, but they’re an outlier in the city overall. The median home price is $322,000, which is lower than the national median. “We haven’t had enough inventory in Faribault,” says Daryl Bauer, a lifelong resident and Realtor with Re/Max Advantage Plus. “The houses that come on the market have gone very quickly.” Bauer adds that the taxes in Faribault are much lower than other nearby areas, making it an attractive city for homebuyers. “People can literally buy more house for the money,” he says.
Newly constructed craftsman style homes can be found in Faribault.
Faribault has home styles from many different generations.
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Faribault features state’s largest prison, country’s largest canned bean producer
Faribault is home to the largest employer in the county – the Minnesota Correctional Facility. It’s the biggest prison in Minnesota and employs more than 600 people. “They are the number one employer in town,” Bauer says. “There are always lots of correctional officer positions available.” In addition to the prison, other large employers include Daikin Applied, an HVAC manufacturer, SageGlass, a glass manufacturer and Faribault Foods. “Faribault Foods is the largest canned bean producer in North America,” Bauer says. “Any type of refried beans, black beans or anything like that is made by Faribault Foods.”
The Minnesota Correctional Facility is the largest employer in the city.
Faribault Foods is a producer of shelf-stable foods and beverages distributed nationwide
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Shattuck-St. Mary’s trains hockey’s best in Faribault
Faribault’s co-ed private boarding school, Shattuck-St. Mary’s, is another major draw for the area. The school features an internationally renowned ice hockey program and in “Any given year they have a number of players who will play in the National Hockey League,” Bauer says. He notes that the girls’ program is also exceptional. Standout alums of the hockey program include Sidney Crosby, Nathan MacKinnon and Amanda Kessel. The school has also worked hard in recent years to elevate its soccer program, and Bauer says Faribault locals can watch hockey and soccer games for free, knowing that they’re likely watching future professional athletes and Olympians. “Shattuck is kind of in their own little world, but people in the know definitely go to the games,” he says. Called a “hockey center of excellence,” the exclusive school has about 400 students in grades 6-12.
Shattuck-St. Mary is a premier college prep academy.
Shattuck-St. Mary has a famous Hockey program with a legacy of state championships.
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River Bend Nature Center provides year-round outdoor recreation
Faribault is a part of the southern Minnesota lakes region, which gives residents access to a number of water-oriented activities. “Within 10 miles there are probably 35 lakes,” Bauer says. There are also 39 parks and five greenways in Faribault, but the River Bend Nature Center is what Bauer calls the “crown jewel.” It’s 743 acres of natural habitat, including places like Turtle Lake and Fossil Beach, whose names speak for themselves. There are also bridges, river views, and a waterfall to explore. Bauer says there are also year-round recreation programs at the Nature Center, including cross-country skiing, hiking and biking.
River Bend Nature Center is a big draw for environmentalists and nature lovers.
Wildlife can be spotted in River Bend Nature Center.
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Bustling downtown district has noteworthy restaurants
Downtown Faribault has a vibrant, active shopping and dining scene. Central Avenue and Lyndale Avenue are the busiest streets, with local shops in brick buildings that line either side of the road. Depot Bar and Grill is a local favorite, with Bauer adding that it’s a destination even people from outside of Faribault drive to. Housed in a former train station, the Depot serves American fare for lunch and dinner. A couple of World War II veterans made their way back to Faribault and opened Basilleo’s Pizza, another local go-to, named for founders and brothers Basil and Leo.
Basilleo's is a popular pizza restaurant in Faribault.
The Depot Bar and Grill is located next to an active train line.
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Fairbault boasts diverse schools, state schools for the deaf and blind
Faribault is part of Faribault Public School District, which earns a C-plus rating on Niche, though has an A in diversity and is the 14th most diverse district in the state. There is one prekindergarten school, three elementaries, one middle school, one high school and one alternative high school. Additionally, Faribault is home to Minnesota’s State Academies for the Deaf and Blind, and Shattuck-St. Mary’s earns an A-plus.
Faribault Senior High School ranks 253rd in Minnesota, offering AP opportunities for students.
The Minnesota Academy for the Deaf and Blind is located in Faribault.
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Hiawathaland Transit buses residents, I-35 connects them to Minneapolis
Hiawathaland Transit provides mass transit services for Faribault and nearby communities. There are a number of bus stops throughout the city to provide rides to residents. However, the area is still car-dependent. The city is also right near Interstate 35, which is a major artery in the state and leads directly to Minneapolis. The nearest international airport is Minneapolis-St. Paul International Airport, which is 46 miles north of Faribault. Due to its proximity to the rivers, some areas may be more prone to flooding. The city has a CAP Index crime score rating of 4, which is on par with the national average. The crime rates have remained mostly steady in recent years, neither climbing nor falling by any significant number.
Written By
Tanner Harding
Video By
Charlie Lingner
Interested in learning more about homes in this area?
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Shara Schmidt,
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On average, homes in Faribault, MN sell after 45 days on the market compared to the national average of 54 days. The median sale price for homes in Faribault, MN over the last 12 months is $289,900, up 5% from the median home sale price over the previous 12 months.
NEW PHOTOS OF THIS HOME!This home qualifies for Builder's and their preferred lender's PERMANENT RATE BUY-DOWN!Discover the perfect blend of main-level convenience and flexible living space!This thoughtfully designed home welcomes you with an open-concept kitchen featuring a spacious pantry, seamlessly connected to the dining area and great room—perfect for entertaining or everyday
Welcome to this one-of-a-kind rambler offering the comfort and convenience of true one-level living with approximately 1,700 finished square feet on the main level. This thoughtfully designed 3-bedroom, 2-bath home is filled with character, craftsmanship, and architectural details that make it truly stand out. As you arrive, you’re welcomed by a charming covered front porch that leads to the
Stunning Lakefront Retreat on Kelly Dudley Lake the cleanest lake in Rice County with 150ft of shoreline – Custom 4-Bed, 3-Bath Home with a bonus Detached Garage! Welcome to your dream lake home! Nestled on the tranquil shores of Kelly Dudley Lake, this beautifully custom-built 4-bedroom, 3-bathroom retreat offers luxury living and serene lakefront views. Set at the end of a paved private road,
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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
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Rare Development Opportunity – 95 Acres of Prime Land in Faribault. Uncover the potential of this exceptional 95-acre parcel perfectly positioned for development. Ideally located at the intersection of Interstate I-35, Lyndale Avenue (Highway 21), and Bagley Avenue, this property offers unparalleled visibility, access, and strategic value. With direct adjacency to Maple Lawn Park and already
Step into timeless style and modern comfort in this beautifully updated home, where classic architectural character meets today’s must-have upgrades. From the moment you arrive, the striking blue siding sets the tone — creating a serene, welcoming exterior that feels both fresh and organically grounded. Clean lines, balanced design, and distinctive character make a lasting first impression.
Welcome home to effortless, one-level living in this light-filled, low-maintenance retreat. Set apart from the typical HOA unit, this home offers extra green space and an unusually long driveway, giving you room to breathe and space for friends and family to park with ease. Inside, you’ll love the newer flooring in the primary bedroom, living, and dining areas, perfectly complementing the soaring
Excellent investment opportunity priced to meet the 1% rule and located in a highly convenient area. Just minutes from downtown Faribault with quick access to I-35 and Highway 60, this property offers both strong rental potential and long-term upside. The building features four units: two 2-bed/1-bath units and two 1-bed/1-bath units. Rents in Units 1, 3, and 4 are currently well below market,
One-Level Living at Its Finest — Move-In Ready and Maintenance-Free! Welcome home to effortless living where snow removal and lawn care are taken care of for you — simply lock the door and leave with peace of mind. Perfectly situated on a quiet destination-only street, this beautifully updated home offers the ideal blend of comfort, style, and convenience. Step inside and you’ll immediately
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
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NEW PHOTOS OF THIS HOME!This home qualifies for Builder's and their preferred lender's PERMANENT RATE BUY-DOWN!Discover the perfect blend of main-level convenience and flexible living space!This thoughtfully designed home welcomes you with an open-concept kitchen featuring a spacious pantry, seamlessly connected to the dining area and great room—perfect for entertaining or everyday
Upscale Living in downtown Faribault, Minnesota. Riverchase Apartments is a new 77 unit complex. Just opened in December 2023!Utilities included in the rent are Water, Sewer, and Refuse. Residents are responsible for payment of heat, electricity, internet and optional cable TV. Residents pay $40/month for internet access through MetroNet.Management charges a $125, non-refundable,
Elegant Living in Downtown Faribault, Minnesota. Straight River Apartments is a new 111 unit apartment complex overlooking the beautiful Straight River. Opened September 2022. Utilities included in the rent are Water, Sewer, Refuse, and Internet. Residents are responsible for payment of heat and electricity, and optional cable tv.Management charges a $125, non-refundable,
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Welcome to Midwest Flats, your new home in the heart of Faribault, MN. This modern apartment complex is designed with your convenience and comfort in mind. Each unit is equipped with an in-home washer and dryer, super-fast internet, and a smart video entry system for your security. The kitchen is a chef's dream, boasting stainless steel appliances, a dishwasher, and a spacious island with a
Leasing Special - 2 months apartment rent FREE with a 6-9 month lease (for leases expiring no later than June 2026). Contact us today for more information! Experience Faribault living at Heritage Bluff Apartments. This apartment community is located in Faribault at 200 Heritage Pl in the 55021 area. Be sure to see the available floorplan options. The team of leasing professionals is ready
Experience Faribault living at Town's Edge Place Apartments. This community is located on Faribault Rd in Faribault. From amenities to availability, the leasing staff will assist you in finding your perfect new place. Stop looking and get moving. We are Section 8 and HUD compliant. Contact or stop by the Town's Edge Place Apartments leasing office to schedule a tour.We are an equal
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You have heard that great things come in small packages. Well, its true! When living at Faribo Apartments you will enjoy all the perks of living in this quaint 11-unit apartment community located near the heart of the downtown Faribault area.
Property Id: 544857Three bedroom, 1 bathroom main level duplex walking distance to downtown. Heat, water, garbage included in rent. Tenant responsible for electric. Off street parking and onsite laundry. Qualifications: income 3x monthly rent. Credit score over 600. No evictions/bankruptcies or collections balances within last 7 years. Credit and background check required.
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