Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 13,909 ↓ 0.1% since 2020 |
| Median Household Income | $64,391 14% below national median |
| Median Home Value | $120,200 |
| Unemployment Rate | 3.8% |
| Median Age | 44.6 years |
| Housing Vacancy Rate | 10.9% |
| Total Land Sales (Past 12 Months) | 17 transactions |
| Active Listings | 20 properties |
| Avg Days on Market | 847 days |
Rural Land Sales (1+ Acres)
| Metric | Value |
|---|---|
| Median Price/Acre | $7,120 |
| Recent Sales | 8 transactions |
| Avg Days on Market | 822 days |
| Avg Parcel Size | 67.10 acres |
| Active Listings | 7 properties |
Recent Rural Land Sales
No recent sales data available for this period.
Suburban/Urban Land Sales (Under 1 Acre)
| Metric | Value |
|---|---|
| Median Lot Price | $10,750 |
| Recent Sales | 9 transactions |
| Avg Days on Market | 870 days |
| Avg Parcel Size | 0.40 acres |
| Active Listings | 13 properties |
Recent Suburban/Urban Land Sales
No recent sales data available for this period.
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 13,909 |
| Population (2020) | 13,921 |
| Population Growth | -0.09% |
| Median Household Income | $64,391 |
| Median Home Value | $120,200 |
| Total Housing Units | 6,921 |
| Vacant Housing Units | 751 |
| Housing Vacancy Rate | 10.9% |
| Median Age | 44.6 |
| Bachelor's Degree or Higher | 1,622 (11.7%) |
| Unemployment Rate | 3.8% |
Market Overview
Faribault County, Minnesota has a population of 13,909, which has declined 0.09% since 2020. The median household income is $64,391, below the national median of $74,580 by 13.7%. The housing vacancy rate of 10.9% suggests balanced market conditions. The county's location in Minnesota makes it accessible for investors and developers seeking rural land. Recent rural land sales show a median price of $7,120 per acre, with properties averaging 67.10 acres. There are currently 20 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Faribault County, Minnesota?
As of the 2023 American Community Survey, Faribault County has a population of 13,909. The county has declined 0.09% since the 2020 Census.
What is the median household income in Faribault County?
The median household income in Faribault County is $64,391, which is 13.7% below the national median of $74,580.
Is Faribault County growing or shrinking?
Faribault County is shrinking. The population has declined 0.09% since 2020.
What is the housing market like in Faribault County?
The median home value in Faribault County is $120,200. The housing vacancy rate is 10.9%, which suggests balanced market conditions. The unemployment rate is 3.8%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $7,120 per acre. Suburban/urban lots under 1 acre have a median lot price of $10,750.
Does Reelvest buy land in Faribault County, Minnesota?
Yes! Reelvest Properties buys vacant land throughout Minnesota, including Faribault County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: Market data reflects recent vacant land transactions in the county. Demographic data from U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.