$297,087Average Value$165Average Price per Sq Ft82Homes 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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Jessica Thue,
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GreatSchools:
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On average, homes in Faribault, MN sell after 53 days on the market compared to the national average of 56 days. The median sale price for homes in Faribault, MN over the last 12 months is $280,000, down 3% from the median home sale price over the previous 12 months.
Enjoy the best of lake living without the upkeep! This beautifully designed one-level townhome offers Cedar Lake access, the opportunity for a boat slip, scenic lake views, and low-maintenance living—all in a peaceful setting just off paved roads. Thoughtfully designed with comfort and accessibility in mind, the home features wide hallways, oversized doorways, and a zero-threshold walk-in shower,
Step back in time into the wonder of this amazing turn of the Century home. This is Faribault‘s famous Bruce Smith house. It regally sits atop a hill near downtown, with easy access to many amenities. You will instantly fall in love with the adorable wraparound porch, perfect for evenings spent visiting with family and friends. You will step inside and instantly appreciate the amazing original
ATTENTION...LISTING UPDATE...THIS HOME HAS A BRAND NEW ROOF! Introducing a magnificent Victorian home, deeply rooted in the history of Faribault and recognized as one of the iconic “Gallagher Homes” designed by the long time state architect C.H. Johnston. This regal residence features 6 generously sized bedrooms and 2 elegant bathrooms, all nestled on a sprawling oversized double corner lot that
Experience the best of townhouse living with no association fees and the freedom to landscape and personalize your outdoor spaces to suit your own style and preferences. Tucked away on a quiet cul-de-sac, this exceptionally well-built and meticulously maintained home offers lasting value, thoughtful updates, and an ideal location just minutes from I-35, shopping, dining, and everyday
Build your dream lake home on beautiful Cannon Lake! This exceptional 1.6-acre buildable lot offers 150 feet of shoreline and the perfect opportunity to create your own private lakefront retreat. Enjoy breathtaking water views, peaceful surroundings, abundant wildlife, incredible sunsets, and year-round recreation including boating and fishing. With ample space for your future home, outdoor
**Escape to Your Country Oasis!** Discover the serene rural property you’ve been dreaming of—a stunning 5-bedroom, 3-bathroom home that perfectly combines comfort and elegance, complete with a spacious oversized garage. As you approach the property, the impressive asphalt driveway welcomes you, eliminating any concerns about gravel roads and ensuring a smooth entrance. Nestled back on the
Shop and home are perfection plus! Serene living situated on a private, peaceful 1 acre wooded, manicured lot, this 2018 built home features a large fenced-in backyard with abundant wildlife making it the ideal country retreat! Modern comforts and country charm! The hobbyist, mechanic, car enthusiast or woodworker/craftsman will surely enjoy the 30 x 40 steel, insulated/heated workshop - truly a
Enjoy the best of lake living without the upkeep! This beautifully designed one-level townhome offers Cedar Lake access, the opportunity for a boat slip, scenic lake views, and low-maintenance living—all in a peaceful setting just off paved roads. Thoughtfully designed with comfort and accessibility in mind, the home features wide hallways, oversized doorways, and a zero-threshold walk-in shower,
**Huge Private Lot ** Oversized garage This Perfect rambler offers a spacious floor plan and a private, fully fenced in yard in a desirable Faribault location close to parks, schools, and everyday conveniences. Recent improvements include a newer roof, gutters, air conditioning unit, and luxury vinyl plank flooring, providing comfort and peace of mind for years to come. An inviting front porch
What a fantastic opportunity this property presents! Situated on 6.4 acres of versatile land, this parcel offers a wide range of possibilities for future development or personal use. Currently zoned TUD, the property provides flexibility for a variety of potential projects. Whether you're envisioning a private retreat to build your dream home, considering the development of multi-family housing,
Experience luxury lakefront living on beautiful Cannon Lake in this extraordinary custom-built home situated on 1.61 acres with 120 feet of private shoreline. Built in 2020, this stunning modern retreat offers over 5,000 finished square feet thoughtfully designed for entertaining, gathering, and comfortable everyday living. Exceptional curb appeal welcomes you home with striking architecture and
Experience peaceful lake living with beautiful views, amazing landscaping, and deeded access to Cannon Lake. Nestled on a picturesque .56-acre lot surrounded by mature trees and lush perennial gardens, this beautifully maintained home offers over 2,200 finished square feet designed for both comfortable everyday living and effortless entertaining. The bright, open-concept main level is filled with
Discover a fantastic investment opportunity with this charming duplex, perfect for homeowners and investors alike. This property features both an upper and lower unit, each boasting 3 spacious bedrooms, a full bathroom, a well-appointed kitchen, an inviting dining room, and a cozy living room, making it an ideal living space for renters or your own family. Enjoy the tranquility of a beautifully
Opportunities like this don't come along often. Just north of Roberds Lake and only minutes from Faribault, this remarkable 80-acre property offers the perfect blend of privacy, recreation, productivity, and convenience. With quick access to Highway 21 and situated just off a blacktop road, you'll enjoy the peacefulness of the countryside without sacrificing accessibility. A beautiful combination
Discover a truly one-of-a-kind home offering remarkable flexibility and comfort for families of all sizes and generations. This extensively remodeled 1.5-story original residence features a stunning transformation, including a substantial 24 x 36 garage addition that brings with it a spacious 24 x 36 upper-level bonus area. The result is an expansive property boasting two kitchens, two family
For rent: an exquisite 4-bedroom, 3-bathroom home with a spacious 3-car garage, nestled in a sought-after southwest neighborhood. This impressive split-level residence, constructed in 2006, is ready for you to move in! As you step inside, you’ll be greeted by an inviting open floor plan that seamlessly connects the spacious kitchen, dining area, and living room, creating the perfect space for
Leasing Special - Two months FREE on available apartments. 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 for you to visit. It's time to get moving on finding your
Experience Faribault living at Trails Edge Apartments. Located at 715 Central Ave in Faribault, this community has so much to offer its residents. Be sure to come for a visit to check out the apartment floorplan options. At this community, you'll have access to top amenities and features including: balconies, high-speed internet access, and washers and dryers. Contact us or drop by the leasing
CURRENT SPECIAL: TWO MONTHS FREE on Two Bedroom apartments - One Month FREE on Two Bedroom + Den apartments.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
ELMVIEW APARTMENTS | THREE BUILDINGS NOW LEASINGDiscover modern apartment living at Elmview Apartments in Faribault, MN. With availability across all three buildings, Elmview offers thoughtfully designed studio, 1, 2, 3, and 4-bedroom apartment homes featuring modern finishes, premium amenities, and everyday convenience.Apartment Features• Pet friendly & smoke free• Stainless
SPECIAL: One month FREE for new residents. Apply within 24 hours of your tour for a bonus $500 at move in.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
CURRENT SPECIAL: One month free for new residents - Apply within 24 hours of tour for bonus $500 at move in!Hillside Apartments is in the heart of Faribault. Conveniently located across the street from a community fitness center, library and senior center. It's surrounded by shopping and local businesses.Utilities included in the rent are Water, Sewer, Refuse, Basic Cable TV
Welcome to Four Seasons Apartments, your new home in the heart of Faribault, MN. Our community offers a variety of amenities designed to enhance your living experience. Enjoy the convenience of laundry facilities on each floor and the assurance of onsite management and maintenance. Our location is a commuter's dream, situated right next to a bus line, making your daily commute a breeze. For those
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
You have heard that great things come in small packages. Well, it's 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.
Welcome to your new home in Faribault, MN! This 2-bedroom, 1-bathroom upstairs apartment offers spacious rooms and a convenient location. The apartment is part of a 4-plex, providing a sense of community while maintaining your personal space. The large rooms are perfect for those who appreciate a generous living area. The apartment is also pet-friendly, so your furry friends are more than
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