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 cooling 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 experiencing a cooling trend, primarily driven by a pending ratio of 0.35, which indicates demand absorption is significantly trailing available supply. Active listings have expanded substantially year-over-year, further contributing to the shift in market dynamics.
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 increased by 38.9% over the past year, reaching 200 units, while new listings have contracted by 33.3% in the same period. The median listing price has shown modest appreciation, up 0.4% year-over-year to $428,745. The pending ratio has declined by 30.3% year-over-year, reflecting a notable slowdown in buyer activity relative to available inventory. Properties are spending more time on the market, with median days on market rising 22.5% over the past year to 49 days.
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
With a pending ratio of 0.35 and a substantial year-over-year increase in active inventory, the current market environment places less pressure on buyers to act swiftly. The elevated median days on market suggests a more deliberate pace for transactions, allowing for greater price discipline. This shift indicates that purchasers may encounter more opportunities for negotiation.
The average listing price increased by 1.0% year-over-year, reaching $533,228, while the median price per square foot declined by 1.9% to $195. This divergence between average price growth and median price per square foot suggests some softening in the higher price tiers. However, the data does not offer a robust distinct luxury-segment signal to make a definitive statement.
200 active listings represent the current floor, with new supply arriving at roughly 64 per month.
of active listings carry a price reduction, -1.5% from prior period.
Median price per square foot has moved -1.9% year-over-year.
Pending-to-active ratio — Cooling.
Recommended For This Market
CoolingSelling in Faribault-Northfield, MN? Homes here are taking 9 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
- 35%
- Median Days on Market
- 49 days
- Inventory YoY
- +39%
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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