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New Construction Homes in Faribault, MN

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  • 1195 Ivy, Faribault, MN 55021

    The Meadows Community

    Price To Be Determined

    Faribault, MN 55021

    • 2 - 6 Beds
    • 1,117+ Sq Ft

    The Meadows Third Addition takes advantage of all the local amenities which Faribault, MN has to offer. Located near the Legacy Golf Course and River Bend Nature Center this development will bring you all the essence Faribault has to offer.

    Fieldstone Family Homes, Inc Builder
    The Meadows
  • /63

    $569,750 Custom Home

    1195 Ivy Way, Faribault, MN 55021

    • 4 Beds
    • 3 Baths
    • 2,870 Sq Ft

    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

    Agent Photo

    Tyrone Stenzel

    Fieldstone Real Estate Special

    (507) 473-8506

    1195 Ivy Way, Faribault, MN 55021
  • /29

    $412,520 Custom Home

    2110 Goldenray Dr, Faribault, MN 55021

    • 6 Beds
    • 3 Baths
    • 2,392 Sq Ft

    Photos are of a similar, but different, home and may include options/upgrades not included in this home's price. This home qualifies for Builder's and preferred lender's permanent rate buydown! Check out this fabulous 6 bedroom, 3 bath, 3 car garage home in the wonderful Meadows 3rd ADD. The large foyer welcomes you into the home. Upstairs you will find the open concept Kitchen, Dining and

    Agent Photo

    Tyrone Stenzel

    Fieldstone Real Estate Special

    (507) 416-3247

    2110 Goldenray Dr, Faribault, MN 55021
  • /55

    $584,682 Custom Home

    2700 Hanson Ave, Faribault, MN 55021

    • 3 Beds
    • 2 Baths
    • 1,596 Sq Ft

    Luxury downsizing model home. This is one-level living at its finest! Custom designed with no steps and amazing detail and built by award-winning Fitzke Custom Homes. This 3-bedroom, 2 bath home has Andersen windows, in-floor heat, 11' walls and vaulted ceilings to create an open Great Room and stone fireplace. The Kitchen has a large island, Cambria countertops, and a walk-through hidden pantry!

    Jaren Fitzke Fitzke Real Estate

    2700 Hanson Ave, Faribault, MN 55021
  • /25

    $498,240 Townhome

    2605 Hanson Ave, Faribault, MN 55021

    • 2 Beds
    • 2 Baths
    • 1,468 Sq Ft

    These charming new homes have covered front porches for relaxing in the evenings, plenty of storage in the oversized garage, double vanity sinks and a barrier free master shower floor. The Great room consists of the family room, dining room and kitchen as an open concept living space. This home is wheelchair friendly with extra wide doors and no steps. Carefree one level living built by award

    Jaren Fitzke Fitzke Real Estate

    2605 Hanson Ave, Faribault, MN 55021
  • /27

    $409,000 Custom Home

    1105 2nd St SE, Faribault, MN 55021

    • 4 Beds
    • 3 Baths
    • 2,181 Sq Ft

    This brand-new 4-bed, 3-bath split-level home blends modern comfort with a clean, functional design. The bright main level features an open-concept kitchen, dining, and living space—perfect for everyday living and entertaining. Two bedrooms upstairs, including a comfortable primary suite with a private bath. The finished lower level adds two additional bedrooms, a full bath, and a spacious family

    Matt Braaten RES Realty

    1105 2nd St SE, Faribault, MN 55021
  • /28

    $725,000 Custom Home

    2038 Legacy Dr, Faribault, MN 55021

    • 4 Beds
    • 3.5 Baths
    • 3,111 Sq Ft

    This home is built by Johnson Reiland Homes. They are custom home builders for 50 years. They employ most of the workforce "in house" so we can guarantee quality time after time. This home has many quality features and indoor and out door spaces. Front porch, Hardwood floors, custom cabinets, gas fireplace, granite counter tops, custom roll in shower are some of the excellent features of this

    Scott Reineke RE/MAX Experts

    2038 Legacy Dr, Faribault, MN 55021
  • /49

    $399,900 Townhome

    614 6th St NW, Faribault, MN 55021

    • 4 Beds
    • 3.5 Baths
    • 2,739 Sq Ft

    Check out this brand new home, with incredible value and zero shortcuts! Built by one of the area’s most respected custom builders, this stunning new twin home showcases exceptional craftsmanship, thoughtful design, and upgrades you won’t find at this price point. Offering 4 bedrooms, 4 bathrooms, and a fully finished layout, this home delivers unmatched value for new construction. Upstairs

    Hailey Warner eXp Realty

    614 6th St NW, Faribault, MN 55021
  • /40

    $470,800 Custom Home

    2924 Lavender Pkwy, Faribault, MN 55021

    • 3 Beds
    • 2.5 Baths
    • 2,283 Sq Ft

    FINISHED NEW BUILD! MOVE RIGHT IN! Prepare to be impressed! This exceptional two-story new construction features upgraded amenities and stunning views of the 4th tee box at the Faribault Golf Club. Meticulously crafted, it boasts a custom layout designed to elevate all your living spaces above ground. Highlights include vaulted ceiling, recessed lighting, fireplace, quartz counters and more!

    Daryl Bauer Re/Max Advantage Plus

    2924 Lavender Pkwy, Faribault, MN 55021
  • /5

    $1,200,000 Lot/Land

    2905 2nd Ave NW, Faribault, MN 55021

    • 3.6 Acres
    • $333,333 per Acre

    Great Commercial Land Potential. Located near Rice County's new Public Safety Center. This a multiple parcel listing INCLUDING 4 parcels. Seller agrees to remove all buildings and septic systems with remaining land to be re-zoned as Commercial Land. Owner agrees to work with City of Faribault to re-zone property. Parcels include 18.19.1.50.006, 18.19.1.50.005, 18.19.1.50.004, and

    John Jasinski MDC Real Estate Services

    2905 2nd Ave NW, Faribault, MN 55021
  • /8

    $170,000 Lot/Land

    XXX Ivanhoe Ct, Faribault, MN 55021

    • 3 Acres
    • $56,667 per Acre

    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
  • /2

    $159,900 Lot/Land

    1940 30th St NW, Faribault, MN 55021

    • 0.9 Acre
    • $177,667 per Acre

    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
  • /2

    $52,900 Lot/Land

    3120 Acorn Trail, Faribault, MN 55021

    • 0.29 Acre
    • $182,414 per Acre

    Fantastic opportunity to build, in a great location between I-35 and Hwy 3 on the NW end of town. Bring your own builder and let them make your dreams a reality!

    Sharon Kirk Weichert, REALTORS- Heartland

    3120 Acorn Trail, Faribault, MN 55021
  • /4

    $73,500 Lot/Land

    905 Orchard Heights Ct, Faribault, MN 55021

    • 0.41 Acre
    • $179,268 per Acre

    Build Your Dream Home Here! Nature at Your Back Door, City Life at Your Fingertips.Nestled in a quiet cul-de-sac on the east edge of town, this stunning walk-out lot offers the perfect blend of country charm and city convenience. Enjoy the peacefulness of a wooded backyard that not only Provides privacy but also invites a variety of wildlife right to your doorstep. Located within city

    Sarah Reint Edina Realty, Inc.

    905 Orchard Heights Ct, Faribault, MN 55021
  • /2

    $99,000 Lot/Land

    41XX Wells Lake Ct, Faribault, MN 55021

    • 0.65 Acre
    • $152,308 per Acre

    Wonderful lot to build your dream home!

    David Berglund Summit Realty LLC

    41XX Wells Lake Ct, Faribault, MN 55021
  • /6

    $49,000 Lot/Land

    1425 4th St NW, Faribault, MN 55021

    • 0.23 Acre
    • $213,043 per Acre

    Fantastic opportunity to build, in a great central location just off Lyndale Avenue. Bring your own builder and let them make your dreams a reality!

    Joan Hunt Weichert, REALTORS- Heartland

    1425 4th St NW, Faribault, MN 55021
  • /8

    $1,800,000 Lot/Land

    15XXX Shieldsville Blvd, Faribault, MN 55021

    • 73.6 Acres
    • $24,457 per Acre

    Edge of property is along Kelly Lake, possible development, can be subdivided

    Brian Trebelhorn RE/MAX Advantage Plus

    15XXX Shieldsville Blvd, Faribault, MN 55021
  • /2

    $379,000 Lot/Land

    1910 Cardinal Ln, Faribault, MN 55021

    • 3.9 Acres
    • $97,179 per Acre

    Prime development parcel in a high-visibility Faribault location. This 3.9 acre site sits directly along I-35 with exceptional frontage exposure and easy access via Lyndale Avenue. Zoned C-2 Highway Commercial, the property supports a wide range of commercial uses and already benefits from adjacency to established multifamily, office, and service businesses. The lot features flexible topography,

    David Aase Revival Commercial Real Estate

    1910 Cardinal Ln, Faribault, MN 55021
  • /9

    $149,900 Lot/Land

    14xxx Camp Winona Trail, Faribault, MN 55021

    • 1.8 Acres
    • $83,278 per Acre

    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
  • /13

    $250,000 Lot/Land

    14xx Division St E, Faribault, MN 55021

    • 6.4 Acres
    • $39,062 per Acre

    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,

    Kathy Kalow Edina Realty, Inc.

    14xx Division St E, Faribault, MN 55021
  • /6

    $48,800 Lot/Land

    3103 Acorn Trail, Faribault, MN 55021

    • 0.49 Acre
    • $99,592 per Acre

    Moe Mossa Savvy Avenue, LLC

    3103 Acorn Trail, Faribault, MN 55021
  • /20

    $42,900 Lot/Land

    3219 Ramsey St, Faribault, MN 55021

    • 0.18 Acre
    • $238,333 per Acre

    Parkland Village is a quiet community that has a rural feel but is still part of the city. It has easy highway access and good for commuters to I-35. Split Entry Walk-out lot, or Full basement lookout lot. Parkland Village has Architectural Standards to maintain the aesthetics of the neighborhood. Other lots available.

    Jaren Fitzke Fitzke Real Estate

    3219 Ramsey St, Faribault, MN 55021
  • /19

    $40,000 Lot/Land

    3236 Ramsey St, Faribault, MN 55021

    • 0.19 Acre
    • $210,526 per Acre

    Parkland Village is a quiet community that has a rural feel but is still part of the city. It has good highway access and is good for commuters to I-35. Quiet corner lot that has a walking trail that leads to a park. Parkland Village has Architectural Standards to maintain the aesthetics of the neighborhood. Other lots are available.

    Jaren Fitzke Fitzke Real Estate

    3236 Ramsey St, Faribault, MN 55021
  • /18

    $1,900,000 Lot/Land

    21126 Bagley Ave, Faribault, MN 55021

    • 95 Acres
    • $20,000 per Acre

    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

    Kathy Kalow Edina Realty, Inc.

    21126 Bagley Ave, Faribault, MN 55021
  • /26

    $1,741,115 Lot/Land

    Lots XXX of Divine Mercy, Faribault, MN 55021

    • 74.09 Acres
    • $23,500 per Acre

    Discover an incredible opportunity with this 74-acre piece of land, perfectly suited for farming orfuture development. With expansive countryside views and open terrain, this prime parcel offers endless potential for your agricultural ambitions or building dreams. Whether you're looking to cultivate a productive farm or explore development opportunities, this land provides the ideal

    Marissa Babcock Weichert, REALTORS- Heartland

    Lots XXX of Divine Mercy, Faribault, MN 55021
  • /2

    $42,900 Lot/Land

    822 30th St NW, Faribault, MN 55021

    • 0.25 Acre
    • $171,600 per Acre

    Great level lot in a convenient location. Private backyard with mature trees and pond views. Bring your ideas and builder and make your dreams come true!!

    Sharon Kirk Weichert, REALTORS- Heartland

    822 30th St NW, Faribault, MN 55021
  • /13

    $35,000 Lot/Land

    816 30th St NW, Faribault, MN 55021

    • 0.34 Acre
    • $102,941 per Acre

    Kathy Espelien Keller Williams Preferred Rlty

    816 30th St NW, Faribault, MN 55021

Frequently Asked Questions

What warranties come with a new construction home?
Most Builders provide a 1-year workmanship warranty, a 2-year systems warranty, and a 10-year structural warranty.
What upgrades are included in a new build vs what is considered extras?
Builders in Faribault, MN usually offer a base package and optional upgrades such as flooring, countertops, and appliances.
Do new construction homes in Faribault, MN hold their value?
Yes, especially in fast-growing areas of Faribault, MN. Resale values are supported by population growth, job opportunities, and desirable schools.
What happens if I find issues after moving in to new build?
Builders typically provide a post-move in warranty service to address punch list items.

Home Trends in Faribault, MN

Housing Trends

Median Sale Price
$289,950
Median Single Family Sale Price
$292,000
Median Townhouse Sale Price
$264,900
Average Price Per Sq Ft
$163
Number of Homes for Sale
88
Last 12 months Home Sales
244
Months of Supply
4.30
Median List Price
$289,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
7%
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