Median home value in zip code 55021 (Faribault, MN) is $292,830, up 3.7% year over year. Part of the Faribault-Northfield, MN metropolitan area.

Home Value$292,830

YoY Change

+3.7%

Prices rising — worse for buyers.

Affordability

Enter your income for 55021 (Faribault).

Income (annual)

Down Payment

$58,566 on $292,830

Example: $75,000 household income. Change it above to see your own.

Stretch30.5% of income

Above 28% but manageable with cuts.

PITI$1,904

P/I30.5%

Afford$269K

Gap-$24K

P&I $1,481Tax $273Ins $150

6.50% 30yr, 20% down, county tax + MN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

55021 is part of the Faribault-Northfield, MN metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

View Faribault-Northfield, MN analysis

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