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
/9
$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
/55
$584,682 Custom Home

2700 Hanson Ave, Faribault, MN 55021
- 3 Beds
- 2 Baths
- 1,596 Sq Ft
Luxury downsizing model home. This is one-level living at its finest! Custom designed with no steps and amazing detail and built by award-winning Fitzke Custom Homes. This 3-bedroom, 2 bath home has Andersen windows, in-floor heat, 11' walls and vaulted ceilings to create an open Great Room and stone fireplace. The Kitchen has a large island, Cambria countertops, and a walk-through hidden pantry!

Jaren Fitzke Fitzke Real Estate

2700 Hanson Ave, Faribault, MN 55021
/38
$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
/28
$725,000 Custom Home

2038 Legacy Dr, Faribault, MN 55021
- 4 Beds
- 3.5 Baths
- 3,111 Sq Ft
This home is built by Johnson Reiland Homes. They are custom home builders for 50 years. They employ most of the workforce "in house" so we can guarantee quality time after time. This home has many quality features and indoor and out door spaces. Front porch, Hardwood floors, custom cabinets, gas fireplace, granite counter tops, custom roll in shower are some of the excellent features of this

Scott Reineke RE/MAX Experts

2038 Legacy Dr, Faribault, MN 55021
/38
$419,900 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
/40
$470,800 Custom Home

2924 Lavender Pkwy, Faribault, MN 55021
- 3 Beds
- 2.5 Baths
- 2,283 Sq Ft
MODEL HOME. Prepare to be impressed! This exceptional two-story new construction features many upgraded amenities. Meticulously crafted, it boasts a custom layout designed to elevate all your living spaces above ground. Highlights include vaulted ceiling, recessed lighting, fireplace, quartz counters and more! Upstairs is so spectacular, it’ll make you question why basements ever existed! The

Daryl Bauer Re/Max Advantage Plus

2924 Lavender Pkwy, Faribault, MN 55021
/19
$40,000 Lot/Land

3236 Ramsey St, Faribault, MN 55021
- 0.19 Acre
- $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
/5
$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

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
- 0.9 Acre
- $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
/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

Lots XXX of Divine Mercy, Faribault, MN 55021
/2
$52,900 Lot/Land

3120 Acorn Trail, Faribault, MN 55021
- 0.29 Acre
- $182,414 per Acre
Fantastic opportunity to build, in a great location between I-35 and Hwy 3 on the NW end of town. Bring your own builder and let them make your dreams a reality!

Sharon Kirk Weichert, REALTORS- Heartland

3120 Acorn Trail, Faribault, MN 55021
/4
$73,500 Lot/Land

905 Orchard Heights Ct, Faribault, MN 55021
- 0.41 Acre
- $179,268 per Acre
Build Your Dream Home Here! Nature at Your Back Door, City Life at Your Fingertips.Nestled in a quiet cul-de-sac on the east edge of town, this stunning walk-out lot offers the perfect blend of country charm and city convenience. Enjoy the peacefulness of a wooded backyard that not only Provides privacy but also invites a variety of wildlife right to your doorstep. Located within city

Sarah Reint Edina Realty, Inc.

905 Orchard Heights Ct, Faribault, MN 55021
/2
$99,000 Lot/Land

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

David Berglund Summit Realty LLC

41XX Wells Lake Ct, Faribault, MN 55021
/7
$49,000 Lot/Land

1425 4th St NW, Faribault, MN 55021
- 0.23 Acre
- $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
/8
$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
- 0.18 Acre
- $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
$95,999 Lot/Land

L1 B2 Fortune Creek Ct, Faribault, MN 55021
- 1.63 Acres
- $58,895 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

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 46 days on the market compared to the national average of 55 days. The median sale price for homes in Faribault, MN over the last 12 months is $287,700, up 1% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$287,700

Median Single Family Sale Price

$290,000

Median Townhouse Sale Price

$286,000

Average Price Per Sq Ft

$166

Number of Homes for Sale

Last 12 months Home Sales

252

Months of Supply

3.70

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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