New Construction Homes for Sale in Faribault, MN

The Meadows Community

$407,520 - $564,750

Faribault, MN 55021
- 2 - 6 Beds
- 1,117+ Sq Ft
The Meadows Third Addition takes advantage of all the local amenities which Faribault, MN has to offer. Located near the Legacy Golf Course and River Bend Nature Center this development will bring you all the essence Faribault has to offer.

Fieldstone Family Homes, Inc Builder

The Meadows
Explore Faribault
/55
$424,860 Custom Home

2009 Goldenray Dr, Faribault, MN 55021
- 4 Beds
- 3 Baths
- 2,346 Sq Ft
THIS HOME QUALIFIES FOR BUILDER AND PREFERRED LENDER'S 30 YEAR FIXED-RATE BUY DOWN PROMOTION. This 4 bedroom, 2 up/2 down, 3 bath, 3 car garage is just the right size. Wonderful, open concept kitchen, dining and great room, 2 large bedrooms, both with walk in closets, private primary, all on the main level. In the lower level are two more bedrooms, a 3/4 bath, family room, and finished laundry

Tyrone Stenzel

Fieldstone Real Estate Specialists

(507) 579-7083

2009 Goldenray Dr, Faribault, MN 55021
/26
$1,741,115 Lot/Land

Lots XXX of Divine Mercy, Faribault, MN 55021
- 74.09 Acres
- $23,500 per Acre
An exceptional opportunity awaits on the south end of Faribault with this expansive 74-acre parcel ideally positioned near a church and private school, offering both peaceful surroundings and future growth potential. With sweeping open views and stunning sunrises and sunsets stretching across the horizon, this property delivers the perfect blend of natural beauty and strategic location. Whether

Marissa Babcock

Weichert, REALTORS- Heartland

(507) 366-9202

Lots XXX of Divine Mercy, Faribault, MN 55021
/2
$149,900 Lot/Land

14xxx Camp Winona Trail, Faribault, MN 55021
- 1.8 Acres
- $83,278 per Acre
Come enjoy lake life at this beautiful property on almost two acres with over 100 feet of access on Shields Lake. Panoramic views and located adjacent to 40 plus acres of State of Minnesota land. Per Rice County Planning and Zoning the site does have a building eligibility. There would have to be some considerations for construction in the floodplain as much of the site is covered in it. Up to 4

Kathy Kalow

Edina Realty, Inc.

(507) 639-0937

14xxx Camp Winona Trail, Faribault, MN 55021
/2
$250,000 Lot/Land

14xx Division St E, Faribault, MN 55021
- 6.4 Acres
- $39,062 per Acre
What a fantastic opportunity this property presents! Situated on 6.4 acres of versatile land, this parcel offers a wide range of possibilities for future development or personal use. Currently zoned TUD, the property provides flexibility for a variety of potential projects. Whether you're envisioning a private retreat to build your dream home, considering the development of multi-family housing,

Kathy Kalow

Edina Realty, Inc.

(507) 541-1913

14xx Division St E, Faribault, MN 55021
/18
$1,900,000 Lot/Land

21XXX Bagley Ave, Faribault, MN 55021
- 95 Acres
- $20,000 per Acre
Rare Development Opportunity – 95 Acres of Prime Land in Faribault. Uncover the potential of this exceptional 95-acre parcel perfectly positioned for development. Ideally located at the intersection of Interstate I-35, Lyndale Avenue (Highway 21), and Bagley Avenue, this property offers unparalleled visibility, access, and strategic value. With direct adjacency to Maple Lawn Park and already

Kathy Kalow

Edina Realty, Inc.

(507) 967-3162

21XXX Bagley Ave, Faribault, MN 55021
/12
$365,900 Custom Home

1005 2nd St SE, Faribault, MN 55021
- 2 Beds
- 2 Baths
- 1,228 Sq Ft
Welcome to this brand-new slab-on-grade home with projected completion at the end of May 2026. This thoughtfully designed home offers true one-level living with 2 bedrooms, 1 full bath, and a private primary suite featuring a 3/4 bath and walk-in closet. The layout is both functional and comfortable, with an open kitchen, dining, and living area that flows. The primary bedroom is set apart from

David Bauer Re/Max Advantage Plus

1005 2nd St SE, Faribault, MN 55021
/40
$524,900 Custom Home

2125 13th St NW, Faribault, MN 55021
- 4 Beds
- 2.5 Baths
- 2,165 Sq Ft
Completed new construction built by Rick Cashin Const, with over 40 years building quality homes. This property is close to a golf course and easy access to the interstate. and the wooded area behind the home has abundant wildlife! Features a large kitchen with center island, quartz countertops, LVP flooring, plank wall and electric fireplace, barnwood doors,stainless appliances, and more. The

Dave Campbell Weichert, REALTORS- Heartland

2125 13th St NW, Faribault, MN 55021
/25
$398,000 Custom Home

1105 2nd St SE, Faribault, MN 55021
- 4 Beds
- 3 Baths
- 2,181 Sq Ft
This brand-new 4-bed, 3-bath split-level home blends modern comfort with a clean, functional design. The bright main level features an open-concept kitchen, dining, and living space—perfect for everyday living and entertaining. Two bedrooms upstairs, including a comfortable primary suite with a private bath. The finished lower level adds two additional bedrooms, a full bath, and a spacious family

Matt Braaten RES Realty

1105 2nd St SE, Faribault, MN 55021
/38
$414,900 Custom Home

2702 Park Ave NW, Faribault, MN 55021
- 3 Beds
- 2 Baths
- 1,617 Sq Ft
Welcome home to this beautifully crafted 2025 new build, where thoughtful design and premium finishes come together in perfect harmony. Located in a developed neighborhood surrounded by mature trees, this home offers the comfort of an established community with all the benefits of brand-new construction. Step inside to find 9-foot ceilings that create a sense of openness and light throughout. The

Lacie Nelson eXp Realty

2702 Park Ave NW, Faribault, MN 55021
/19
$40,000 Lot/Land

3236 Ramsey St, Faribault, MN 55021
- 8,276 Sq Ft
- $210,526 per Acre
Parkland Village is a quiet community that has a rural feel but is still part of the city. It has good highway access and is good for commuters to I-35. Quiet corner lot that has a walking trail that leads to a park. Parkland Village has Architectural Standards to maintain the aesthetics of the neighborhood. Other lots are available.

Jaren Fitzke Fitzke Real Estate

3236 Ramsey St, Faribault, MN 55021
/2
$1,200,000 Lot/Land

2905 2nd Ave NW, Faribault, MN 55021
- 3.6 Acres
- $333,333 per Acre
Great Commercial Land Potential. Located near Rice County's new Public Safety Center. This a multiple parcel listing INCLUDING 4 parcels. Seller agrees to remove all buildings and septic systems with remaining land to be re-zoned as Commercial Land. Owner agrees to work with City of Faribault to re-zone property. Parcels include 18.19.1.50.006, 18.19.1.50.005, 18.19.1.50.004, and 18.19.1.76.003

John Jasinski MDC Real Estate Services

2905 2nd Ave NW, Faribault, MN 55021
/2
$159,900 Lot/Land

1940 30th St NW, Faribault, MN 55021
- 39,204 Sq Ft
- $177,667 per Acre
Nice commercial lot in high traffic area. Easy access to freeway interchange, ready to build!

Dave Campbell Weichert, REALTORS- Heartland

1940 30th St NW, Faribault, MN 55021
/3
$294,000 Lot/Land

1530 17th St NW, Faribault, MN 55021
- 34,848 Sq Ft
- $367,500 per Acre
High-visibility commercial opportunity in one of Faribault’s fastest-growing corridors! This 0.8 acre (34,563 SF) site at offers prime positioning for retail, office, service, or light industrial development. Zoned Commercial/Industrial/Public Utility, this flexible parcel is surrounded by established businesses and benefits from strong traffic flow with quick access to Interstate 35—connecting

Daryl Bauer Re/Max Advantage Plus

1530 17th St NW, Faribault, MN 55021
/2
$99,000 Lot/Land

41XX Wells Lake Ct, Faribault, MN 55021
- 28,314 Sq Ft
- $152,308 per Acre
Wonderful lot to build your dream home!

David Berglund Summit Realty LLC

41XX Wells Lake Ct, Faribault, MN 55021
/6
$48,500 Lot/Land

3103 Acorn Trail, Faribault, MN 55021
- 21,344 Sq Ft
- $98,980 per Acre
Moe Mossa Savvy Avenue, LLC

3103 Acorn Trail, Faribault, MN 55021
/7
$49,000 Lot/Land

1425 4th St NW, Faribault, MN 55021
- 10,018 Sq Ft
- $213,043 per Acre
Fantastic opportunity to build, in a great central location just off Lyndale Avenue. Bring your own builder and let them make your dreams a reality!

Joan Hunt Weichert, REALTORS- Heartland

1425 4th St NW, Faribault, MN 55021
/2
$1,800,000 Lot/Land

15XXX Shieldsville Blvd, Faribault, MN 55021
- 73.6 Acres
- $24,457 per Acre
Edge of property is along Kelly Lake, possible development, can be subdivided

Brian Trebelhorn RE/MAX Advantage Plus

15XXX Shieldsville Blvd, Faribault, MN 55021
/2
$349,999 Lot/Land

1910 Cardinal Ln, Faribault, MN 55021
- 3.9 Acres
- $89,743 per Acre
Prime development parcel in a high-visibility Faribault location. This 3.9 acre site sits directly along I-35 with exceptional frontage exposure and easy access via Lyndale Avenue. Zoned C-2 Highway Commercial, the property supports a wide range of commercial uses and already benefits from adjacency to established multifamily, office, and service businesses. The lot features flexible topography,

David Aase Revival Commercial Real Estate

1910 Cardinal Ln, Faribault, MN 55021
/20
$42,900 Lot/Land

3219 Ramsey St, Faribault, MN 55021
- 7,840 Sq Ft
- $238,333 per Acre
Parkland Village is a quiet community that has a rural feel but is still part of the city. It has easy highway access and good for commuters to I-35. Split Entry Walk-out lot, or Full basement lookout lot. Parkland Village has Architectural Standards to maintain the aesthetics of the neighborhood. Other lots available.

Jaren Fitzke Fitzke Real Estate

3219 Ramsey St, Faribault, MN 55021
/7
$84,999 Lot/Land

L1 B2 Fortune Creek Ct, Faribault, MN 55021
- 1.63 Acres
- $52,147 per Acre
Beautiful 1.6-acre property featuring a scenic pond, located on a paved road. Includes a shared well and septic, with electricity ready for connection. Just half a mile from Cedar Lake and only minutes from several nearby lakes. Driveway permit has been obtained, survey has been conducted, septic drawing/layout prepared and much more for the next buyer. There are a few completed house plans if so

Denise Lessert RES Realty

L1 B2 Fortune Creek Ct, Faribault, MN 55021
/5
$944,000 Lot/Land

TBD 20th St NW, Faribault, MN 55021
- 2.6 Acres
- $363,077 per Acre
Premier development opportunity in a high-growth Faribault location! This 2.6 acre (110,947 SF) commercial site offers outstanding visibility and access in a rapidly expanding corridor. Zoned Commercial/Industrial/Public Utility, the property provides flexibility for a wide range of uses including retail, medical, office, service, or light industrial. Surrounded by established businesses and

Daryl Bauer Re/Max Advantage Plus

TBD 20th St NW, Faribault, MN 55021

New Homes Minnesota Faribault

Frequently Asked Questions

What warranties come with a new construction home?

Most Builders provide a 1-year workmanship warranty, a 2-year systems warranty, and a 10-year structural warranty.

What upgrades are included in a new build vs what is considered extras?

Builders in Faribault, MN usually offer a base package and optional upgrades such as flooring, countertops, and appliances.

Do new construction homes in Faribault, MN hold their value?

Yes, especially in fast-growing areas of Faribault, MN. Resale values are supported by population growth, job opportunities, and desirable schools.

What happens if I find issues after moving in to new build?

Builders typically provide a post-move in warranty service to address punch list items.

Home Trends in Faribault, MN

On average, homes in Faribault, MN sell after 51 days on the market compared to the national average of 57 days. The median sale price for homes in Faribault, MN over the last 12 months is $285,000, consistent with the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$285,000

Median Single Family Sale Price

$290,000

Median Townhouse Sale Price

$314,000

Average Price Per Sq Ft

$165

Number of Homes for Sale

Last 12 months Home Sales

265

Months of Supply

4.00

Median List Price

$289,900

Median Change From 1st List Price

Median Home Sale Price YoY Change

Popular Homebuilders in Faribault, MN

There are 1 homebuilders developing in new home communities in Faribault, MN.

Builder	Communities	Average List Price
Fieldstone Family Homes, Inc	1	$486,135

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