Faribault, MN metro area Housing Market Brief
metro · MN · as of August 2026
What is Faribault, MN metro area’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is Faribault, MN metro area in its market cycle?
Faribault, MN metro area is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Faribault, MN metro area?
Our model forecasts Faribault, MN metro area’s home prices to hold flat over the next 12 months (high confidence).
This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.
Faribault, MN metro area housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $365K | ▼ -1.8% |
| Median Days on Market | 39 days | ▼ -7.1% |
| Months of Supply | 3.1 | ▲ +29.2% |
| Homes for Sale | 187 | ▲ +16.2% |
| Homes Sold | 62 | ▼ -8.8% |
| Median Price / Sq Ft | $173 | ▼ -3.4% |
How has Faribault, MN metro area’s Alpha Score moved?
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Frequently asked questions
Is Faribault, MN metro area a buyer's or seller's market?
As of August 2026, Faribault, MN metro area is classified as a Balanced Market, based on its Alpha Score of 43 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Faribault, MN metro area?
The median sale price in Faribault, MN metro area is $365K, having fallen 1.8% over the past year.
How affordable is Faribault, MN metro area?
Faribault, MN metro area scores 50 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Faribault, MN metro area's Alpha Score?
Faribault, MN metro area's strongest dimension is Affordability (50/100) and its weakest is Price Momentum (35/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Faribault, MN metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.