55021
Faribault, Minnesota.
Faribault, Rice County, MN · Faribault-Northfield, MN metro · population 30,908
to buy the typical home at today's mortgage rate — +$829 (+109%) since Jan 2020.
- 1 year
- Up $5,948 +2%
- $296,201$302,149 since Sep 2025
- 5 years
- Up $52,982 +21%
- $249,168$302,149 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 55021$1,586
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 18 years.
Typical home values in zip 55021 rose 2.0% over the past year — faster than the nation's +1.2%.
Zillow also publishes an index for the city itself: Faribault, MN — measured over the city limits, which is a different area from this zip.
Asking rent — 55021
Against the Faribault-Northfield, MN metro and the national benchmark.
- 55021$1,360
- Faribault$1,579
- United States$1,932
Typical home value — 55021
Mid-tier homes, smoothed and seasonally adjusted.
- 55021$302,149
- Faribault$350,912
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 7.7 | 55087 | Warsaw | 327 | — | $261,852 |
| 8.1 | 55019 | Dundas | 2,305 | — | $393,679 |
| 8.5 | 55049 | Medford | 2,636 | — | $306,654 |
| 9.3 | 55052 | Morristown | 2,114 | — | $326,948 |
| 10.9 | 55053 | Nerstrand | 995 | — | $424,985 |
| 12.5 | 55046 | Lonsdale | 6,145 | — | $371,893 |
| 13.0 | 55057 | Northfield | 25,650 | $1,756 | $392,809 |
| 14.1 | 56052 | Kilkenny | 747 | — | $394,703 |
| 15.7 | 55946 | Kenyon | 3,395 | — | $297,632 |
| 16.0 | 56069 | Montgomery | 4,991 | — | $321,724 |
| 16.4 | 55018 | Dennison | 969 | — | $419,982 |
| 16.6 | 56096 | Waterville | 2,953 | — | $320,782 |
| 16.6 | 55060 | Owatonna | 29,599 | $1,081 | $295,054 |
| 16.9 | 55088 | Webster | 1,812 | — | $600,022 |
| 19.3 | 55054 | Elko New Market | 2,831 | — | $432,799 |
| 19.9 | 55020 | Elko New Market | 4,115 | — | $522,184 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.