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 69 acres and are priced around $434,949. The median price per acre in Faribault County, MN is $10,364.
Market Trends
Properties for Sale
32
Total Acreage for Sale
137 ac
Median Lot Size
68.8 ac
Average Lot Size
68.8 ac
Median List Price
$434,949
Average List Price
$434,949
Median Price Per Acre
$10,364 / ac
Total Price Reductions
1 property
Median Days on Market
607 days
Average Days on Market
9,238 days
Land for Sale in Faribault County,
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Top Agents in Faribault County
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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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