Local Market0 views · 1 answer
Are buyers active in Faribault-Northfield?
P
Primpted Housing Analyst
Updated monthly · Data through August 2026 · v268
- Sold Score
- 44/100
- YoY Fair Chance of Selling
- Pending ratio
- 0.35
- YoY contracts vs active
- Inventory YoY
- +0.4%
- YoY active listings
- Median DOM
- 49
- YoY days on market
- Price cuts
- 26.0%
- YoY of active listings
Buyer demand in Faribault-Northfield is **actively shopping** as of August 2026. The pending ratio is 0.35 — that's contracts under negotiation versus the homes available to buy.
Homes take a median of 49 days to go under contract. Active inventory is +38.9% year over year, giving buyers more choice and slower-paced decisions. Sellers are responding: 26.0% of listings have cut price. Overall, the Primpted Sold Score for Faribault-Northfield is 44/100 (Fair Chance of Selling).
— Live indicators (August 2026): Sold Score: 44/100 (Fair Chance of Selling) · Pending ratio: 0.35 · Inventory YoY: +38.9% · Median days on market: 49 · Sellers cutting price: 26.0% · Median listing price: $428,745 (+0.4% YoY)
Faribault-Northfield snapshot
As of the latest 2026 data- Median listing
- $429K
- YoY +0.0%
- Active inventory
- 200
- YoY +0.4%
- Median DOM
- 49
- YoY +0.2%
- Pending ratio
- 0.35
- YoY -0.3%
- Price-reduced
- 15.5%
- YoY -0.0%