Faribault County, MN

Land Market Insights and Pricing in Faribault County, Minnesota

On average, land listings in Faribault County, MN have a lot size of 80 acres and are priced around $841,249. The median price per acre in Faribault County, MN is $11,110.
Market Trends
Properties for Sale
33
Total Acreage for Sale
397 ac
Median Lot Size
80 ac
Average Lot Size
79.6 ac
Median List Price
$707,500
Average List Price
$841,249
Median Price Per Acre
$11,110 / ac
Total Price Reductions
Median Days on Market
85 days
Average Days on Market
552 days

Land for Sale in Faribault County, MN

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About Faribault County, MN
Faribault County, Minnesota, offers a diverse landscape for land buyers, characterized by rolling plains and scattered lakes and ponds. The Blue Earth River flows northerly through the west-central part, adding to its natural appeal. With 722 square miles of predominantly agricultural land, the county boasts high-quality soil for farming and crop production. The Kiester Moraine in the southeast provides geological interest, while the Walnut Lake State Wildlife Management Area attracts nature enthusiasts. Faribault's economy is anchored by educational services, healthcare, and manufacturing sectors. The county's median home price of $120,200 is significantly below the national average, offering affordable land opportunities. With a low unemployment rate of 3.8% and high labor force participation, Faribault presents a stable economic environment for potential investors. Interstate 90 and state highways ensure good accessibility throughout the region.

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Disclaimer: The metrics displayed on this page are calculated based on listings advertised on the Land Network for properties over 10 acres, excluding commercial properties. The data reflects the characteristics and trends of these specific types of listings. If you have any questions or need more detailed information, please contact Customer Support.