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Median Home Price in Faribault, MN

The median home value in Faribault, MN is $308,774 as of 2026-06-30, up 2.94% from a year earlier.

Median Home Value

$308,774

Year-over-Year

+2.94%

Population

24,708

Faribault ranks #78 of 112 Minnesota cities tracked here by median home value, and sits 13.6% below the state's city median of $357,406. It sits in Rice County, where the county-wide median is $357,195.

Crime in Faribault

Faribault police recorded a violent crime rate of 308 per 100,000 residents in 2024 — around the middle of the range for reporting cities. Property crime runs at 1,129 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Faribault

How much does a house cost in Faribault, MN?

The median home value in Faribault is $308,774. That's up 2.94% from a year earlier. That is about 13.6% below the typical county in Minnesota.

Is Faribault expensive compared to the surrounding area?

Homes in Faribault are cheaper than Rice County as a whole, where the median is $357,195 — a difference of about 13.6%.

Is Faribault a safe place to live?

Faribault police reported 308 violent crimes per 100,000 residents, covering a population of about 24,708. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.