Current Price

$281,843

1 Month Forecast

â–² $308,010

1-Year Forecast *

â–² $325,645

5-Year Forecast *

â–² $374,166

"Is it a good time to buy homes in Faribault?" "Does investing in real estate in Faribault (Minnesota State, Rice County) worth it?" According to our live Forecast System, buying a house in Faribault is a good short-term (1-year) investment*. The Faribault average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Faribault" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Faribault in Minnesota State, Rice County. If you are looking for homes for sale with good flipping profit, Faribault can be a profitable property investment option. The median price of an average house in Faribault was 281,843 USD on 2026-03-02. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Faribault" area is 374,166 USD by 2031-03-02. For a 5-year investment the profit is expected to be around +32.76% meaning that investing 100000 USD today may yield a profit of 32,757 USD by 2031.

Current Median Listing Price: 281,843 USD Median Listing Price Per Square Foot: 157 USD

Faribault Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Faribault (Minnesota State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Faribault Price Target

Faribault median home price target in 12 months: $325,645* (upside of 15.5%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $300,266 $306,155 $300,266 $306,155
2024 $271,348 $281,843 $271,348 $281,843
2023 $263,109 $271,188 $263,109 $271,499
2022 $250,349 $263,026 $250,349 $267,448
2021 $222,853 $247,439 $222,853 $247,439
2020 $204,322 $220,262 $204,322 $220,262
2019 $193,196 $203,131 $193,196 $203,131
2018 $183,834 $192,129 $183,834 $192,129
2017 $167,219 $182,328 $167,219 $182,328
2016 $156,373 $166,336 $156,373 $166,336
2015 $150,520 $155,473 $149,264 $155,473
2014 $145,735 $150,748 $145,735 $150,748
2013 $138,164 $145,188 $138,164 $145,188
2012 $129,264 $137,547 $129,264 $137,547

Questions & Answers about the Faribault Housing Market Forecast

How much does an average home cost in Faribault today?

The value of an average home (the listing price) in Faribault is $281,843 USD.

What is the average price per square foot in Faribault?

According to Walletinvestor the median price per square foot in Faribault is 157 USD.

Will the median listing price of homes in Faribault grow / rise / go up?

Yes. The Faribault home prices may rise from 281,843 USD to 325,645 USD in one year.

Is it profitable to invest in Faribault homes?

Yes. The long-term profit potential is +15.54% in one year.

Will Faribault house prices fall / drop?

No. See above.

What is the predicted price of a Faribault home in 2030?

The predicted home sales price of a Faribault home in 2030 in Faribault is 356,524 USD.

What is the predicted price of a Faribault home in 2035?

The predicted home sales price of a Faribault home in 2035 in Faribault is 433,689 USD.

Will real estate prices decrease in Faribault?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Faribault is the 2060. largest city in the United States, located in Minnesota State.

During the last 12 months the real estate prices in Rice, Faribault decreased, looking at the past 12 months.

According to Walletinvestor's Faribault real estate market research, home values will increase in the next 12 months.

Median home values decreased by 7.041% to 281,843 USD, between 2025-03-02 and 2026-03-02

The average annual profit of property investment was:

  • 15.001% in 2021
  • 15.321% in 2022
  • 15.611% in 2023
  • 14.261% in 2024
  • 15.831% in 2025
  • 14.011% in 2026

Based on our Faribault real estate market research and report the predicted sales prices will increase by 324.013% in the next 10 years.

Over the last 12 months, the value of homes in Faribault fluctuated: increasing 4 times .

Faribault (Minnesota) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Faribault Housing Market Forecast with Real Estate Prices for 2025
August 2025 308010 285525 330494
September 2025 309875 290973 328778
October 2025 311752 289618 333887
November 2025 313641 294195 333087
December 2025 315541 285564 345517
Faribault Housing Market Forecast with Real Estate Prices for 2026
January 2026 317149 294314 339984
February 2026 317316 290979 343653
March 2026 318194 299739 336649
April 2026 319798 296453 343144
May 2026 321735 291814 351657
June 2026 323684 305234 342134
July 2026 325645 305129 346161
August 2026 327618 304684 350551
September 2026 329602 304552 354652
October 2026 331599 308718 354479
November 2026 332782 308156 357408
December 2026 332249 304008 360490
Faribault Housing Market Forecast with Real Estate Prices for 2027
January 2027 330997 309482 352512
February 2027 329749 297434 362065
March 2027 328736 308683 348789
April 2027 327999 304711 351287
May 2027 328102 304479 351725
June 2027 329022 307965 350079
July 2027 330474 298087 362860
August 2027 331972 312385 351558
September 2027 333302 305305 361299
October 2027 334630 303844 365416
November 2027 335720 311884 359556
December 2027 336513 305554 367472
Faribault Housing Market Forecast with Real Estate Prices for 2028
January 2028 337545 314930 360161
February 2028 338051 320811 355292
March 2028 338564 319605 357524
April 2028 338177 308756 367599
May 2028 338377 310630 366123
June 2028 338916 314176 363657
July 2028 340911 321479 360343
August 2028 342739 314292 371187
September 2028 343965 319543 368386
October 2028 344266 326019 362512
November 2028 344560 314928 374193
December 2028 344802 323769 365835
Faribault Housing Market Forecast with Real Estate Prices for 2029
January 2029 345500 313714 377286
February 2029 346877 320514 373239
March 2029 348978 328737 369219
April 2029 351092 323004 379179
May 2029 353218 330612 375824
June 2029 355358 324087 386630
July 2029 356524 323724 389324
August 2029 357243 330093 384394
September 2029 357816 325255 390378
October 2029 358722 329665 387778
November 2029 360010 341650 378371
December 2029 362191 333215 391166
Faribault Housing Market Forecast with Real Estate Prices for 2030
January 2030 364385 331226 397544
February 2030 366592 331766 401418
March 2030 368813 342258 395367
April 2030 371047 348413 393680
May 2030 372938 351680 394195
June 2030 373134 352985 393283
July 2030 374166 355458 392875
August 2030 376053 340704 411402
September 2030 378331 347686 408976
October 2030 380623 355502 405744
November 2030 382928 346167 419689
December 2030 385248 357125 413371
Faribault Housing Market Forecast with Real Estate Prices for 2031
January 2031 387581 359288 415875
February 2031 389929 358735 421123
March 2031 391321 368624 414017
April 2031 390694 354359 427028
May 2031 389221 354192 424251
June 2031 387755 355959 419550
July 2031 386563 359891 413236
August 2031 385696 363712 407681
September 2031 385817 354566 417069
October 2031 386899 349757 424042
November 2031 388607 364513 412700
December 2031 390368 370459 410277
Faribault Housing Market Forecast with Real Estate Prices for 2032
January 2032 391932 366457 417408
February 2032 393494 358080 428909
March 2032 394776 362799 426752
April 2032 395708 369987 421429
May 2032 396922 366359 427485
June 2032 397517 359355 435679
July 2032 398120 375029 421211

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.