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Faribault, MN Residential Land & Home Lots for Sale

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Waterfront Residential Buildable Lot
Updated: May 22
Waterfront Residential Buildable Lot

To Be Determined 232nd St W, Faribault, MN 55021

$175,000
1.70 AC lot
1.7‑acre buildable lot on Cannon Lake with 125 ft of shoreline
Waterfront setting on a lake with lake views and water recreation potential
Natural gas available on‑site
Convenient access near Faribault and the Twin Cities corridor
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Waterfront Residential Buildable Lot
Updated: May 22
Waterfront Residential Buildable Lot

232nd ST W, Faribault, MN 55021

$175,000
1.60 AC lot
1.6‑acre buildable lot with lake frontage on Cannon Lake
150 feet of shoreline on Cannon Lake
Waterfront feature: Lake
Natural gas available
Utilities include natural gas available
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Cannon Lake Waterfront Land Opportunity
Cannon Lake Waterfront Land Opportunity

W 232nd Street, Faribault, MN 55021

$175,000
1.60 AC lot

1.6-acre buildable lot with 150 feet of shoreline.

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Hilltop Hobby Farm Acreage
Hilltop Hobby Farm Acreage

16412 Ames Way, Faribault, MN 55021

$165,000
5.62 AC lot

5.62-acre hilltop parcel with about 2.5 acres of tillable yard and mature timber for privacy.

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Cannon Lake Waterfront Land
Cannon Lake Waterfront Land

To Be Determine W 232nd Street, Faribault, MN 55021

$175,000
1.70 AC lot

1.7-acre lot with 125 feet of shoreline on Cannon Lake.

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Residential Land in Faribault, MN
Residential Land in Faribault, MN

3103 Acorn Trail, Faribault, MN 55021

$48,500
0.49 AC lot

Residential land available in Faribault, Minnesota.

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Land, Faribault, MN
Land, Faribault, MN

17001 Elmore Avenue, Faribault, MN 55021

$199,900
6.24 AC lot

Residential land & home lots · 6.24 Acres

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Acreage Build Site with Utilities
Acreage Build Site with Utilities

3658 Millersburg Blvd, Faribault, MN 55021

$474,900

Rolling acreage with a ready well, drainage tile, and an installed 200-amp single-phase 240-volt service panel.

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Vacant Land / Lots
Vacant Land / Lots

1102 2nd Street SE, Faribault, MN 55021

$39,900

Residential land & home lots

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Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 9 Active listings in Faribault, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Agricultural Land Parcel with Buildable Sites
Agricultural Land Parcel with Buildable Sites

9511 Jasper Trail, Montgomery, MN 56069

$849,000
80.64 AC lot

80.64-acre parcel with two buildable sites, offering flexibility for farming, hobby use, animals, or hunting in Rice County.

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Recreational Land with Two Building Sites
Recreational Land with Two Building Sites

Halstad Avenue, Lonsdale, MN 55046

$805,260
83.75 AC lot

Large rural parcel offering two permitted building sites for housing, farm use, or recreational land activities.

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Vacant Land
Vacant Land

1007 14th St NE, Montgomery, MN 56069

$89,900

Residential land & home lots

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Lots/Land
Lots/Land

9XXX Elmore Ave, Lonsdale, MN 55046

$579,900

Residential land & home lots

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Faribault, MN Residential Land & Home Lots Market Trends and Statistics

Explore 9 residential land & home lots for sale in Faribault, MN, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 825,636 square feet of properties for sale, with an estimated market value of $1,628,200.

Sale prices for home sites in Faribault, MN start at $39,900, averaging $180,911, and reaching up to $474,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 8
Waterfront Land 5
Agricultural land / Farmland 2
Commercial land 2

Demographics Overview

Population 31K
Population Growth (5Y) +2.8%
Median Household Income $70,296
College Educated 26.6%

High-Yield Neighborhoods for Investment

Identify Faribault submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
55021 $179.7K

Taxes & Financing

Tax Rate (average for all types) 2.31%
Property Tax per SF $36.07 per SF
Tax Rate vs County Average 0.12 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Rice County

New Delisted

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