Local Market0 views · 1 answer
Are buyers active in Faribault-Northfield?
P
Primpted Housing Analyst
Updated monthly · Data through May 2026 · v265
- Sold Score
- 62/100
- YoY Good Chance of Selling
- Pending ratio
- 0.75
- YoY contracts vs active
- Inventory YoY
- +0.3%
- YoY active listings
- Median DOM
- 39
- YoY days on market
- Price cuts
- 32.8%
- YoY of active listings
Buyer demand in Faribault-Northfield is **very active** as of May 2026. The pending ratio is 0.75 — that's contracts under negotiation versus the homes available to buy.
Homes take a median of 39 days to go under contract. Active inventory is +25.2% year over year, giving buyers more choice and slower-paced decisions. Sellers are responding: 32.8% of listings have cut price. Overall, the Primpted Sold Score for Faribault-Northfield is 62/100 (Good Chance of Selling).
— Live indicators (May 2026): Sold Score: 62/100 (Good Chance of Selling) · Pending ratio: 0.75 · Inventory YoY: +25.2% · Median days on market: 39 · Sellers cutting price: 32.8% · Median listing price: $423,090 (-0.4% YoY)
Faribault-Northfield snapshot
As of the latest 2026 data- Median listing
- $423K
- YoY -0.0%
- Active inventory
- 158
- YoY +0.2%
- Median DOM
- 38
- YoY +0.0%
- Pending ratio
- 0.63
- YoY -0.1%
- Price-reduced
- 15.7%
- YoY -0.0%