Local Market0 views · 1 answer
How competitive is the Faribault-Northfield housing market?
P
Primpted Housing Analyst
Updated monthly · Data through September 2026 · v269
- Sold Score
- 41/100
- YoY Fair Chance of Selling
- Pending ratio
- 0.25
- YoY contracts vs active
- Inventory YoY
- +0.3%
- YoY active listings
- Median DOM
- 50
- YoY days on market
- Price cuts
- 32.7%
- YoY of active listings
Faribault-Northfield is soft for sellers as of September 2026, with a Sold Score of 41/100 (Fair Chance of Selling).
**Pending ratio** is 0.25 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.
**Inventory change YoY** is +28.9% — more choices for buyers than a year ago.
**Median days on market** is 50. Faster than 30 days means buyers are deciding quickly.
**Price-reduction share** is 32.7% of active listings — above 25% signals sellers are widely overshooting list price.
— Live indicators (September 2026): Sold Score: 41/100 (Fair Chance of Selling) · Pending ratio: 0.25 · Inventory YoY: +28.9% · Median days on market: 50 · Sellers cutting price: 32.7% · Median listing price: $427,691 (+0.8% YoY)
Faribault-Northfield snapshot
As of the latest 2026 data- Median listing
- $428K
- YoY +0.0%
- Active inventory
- 214
- YoY +0.3%
- Median DOM
- 50
- YoY +0.2%
- Pending ratio
- 0.25
- YoY -0.2%
- Price-reduced
- 19.9%
- YoY -0.0%