Faribault-Northfield, MN
Monthly housing intelligence, market trends, and trusted local expertise.
As of the latest 2026 data
Median Listing
Pending Ratio
Active Inventory
Median DOM
Primary Intelligence Tool — Sold Score™
Will your home sell in today's very weak Faribault-Northfield market?
Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Faribault-Northfield, MN.
The Faribault-Northfield, MN market is currently classified as Very Weak, with a pending ratio of 0.25 indicating severely lagging demand absorption relative to available supply. This represents a substantial contraction of 21.9% in the pending ratio year-over-year, underscoring significant market deceleration.
Local Market Signals
Source: FRED (St. Louis Fed)Local economic trends can influence how quickly homes sell and how much competition sellers may face.
What's moving the Faribault-Northfield market right now.
Active listings have expanded by 28.9% over the past year, reaching 214 units, while new listings experienced a marginal decline of 2.9% year-over-year. The median listing price has shown minimal appreciation, increasing by 0.8% year-over-year to $427,691, with a slight month-over-month decrease of 0.3%. Concurrently, median days on market have extended by 18.2% to 50 days, reflecting a slower pace of transaction. Pending listings stand at 53, contributing to the depressed pending ratio.
Market Trends
Median Price
Active Inventory
Days on Market
Sold Score™
Sold Score™ Over Time
Market liquidity index • 36 months
Price & Days on Market
Median listing vs market velocity
Inventory Dynamics
Total active listings vs new monthly supply
Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.
Market Signals & Indicators
The current market dynamics suggest that properties are experiencing longer marketing periods, reflected by the median days on market increasing to 50. With a pending ratio at 0.25, the pace of demand absorption is significantly outstripped by available inventory. This environment places substantial pressure on pricing discipline, as sellers face diminished competition for listings and increased inventory duration.
While the median listing price shows modest year-over-year growth, the average listing price has increased by 6.2% over the past year to $527,165. This divergence, alongside a year-over-year decline of 2.5% in the median $/sqft to $190, suggests some potential softness at higher price points, although no distinct luxury-segment signal is overtly present in this dataset.
214 active listings represent the current floor, with new supply arriving at roughly 68 per month.
of active listings carry a price reduction, -3.8% from prior period.
Median price per square foot has moved -2.5% year-over-year.
Pending-to-active ratio — Very Weak.
Recommended For This Market
Very WeakSelling in Faribault-Northfield, MN? Homes here are taking 8 days longer to sell than last year.
Buyers have leverage in Faribault-Northfield, MN. Homes that sell are the ones priced and presented for today's conditions, not last year's.
- Buyer Demand Index
- 25%
- Median Days on Market
- 50 days
- Inventory YoY
- +29%
In a buyer's market, strategy beats timing. See how your home scores in Faribault-Northfield, MN and what moves the number.
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