Selling0 views · 1 answer

Is now a good time to sell in Faribault-Northfield?

P

Primpted Housing Analyst

Updated monthly · Data through May 2026 · v265

Data-backed
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
Yes. Faribault-Northfield's Sold Score of 62/100 in May 2026 (Good Chance of Selling) means demand is outrunning supply enough that motivated sellers are getting deals done. Pending ratio is 0.75 — the higher this is, the faster contracts come in relative to standing inventory. Active inventory is up +25.2% year over year, expanding the pool you're competing in. Median days on market sit at 39. 32.8% of active listings have already reduced asking price. — 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%

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