Faribault, MN

Published: October 27, 2026

Choose Your Faribault, MN Home's Asking Price for October 2026

By Katherine "Kathy" Ziemke

Faribault, MN

Choosing your asking price starts with recent sales of similar homes, not simply matching another listing. We can work through the differences together so your starting price has a clear basis.

For Faribault single-family homes, condos, townhouses and apartments, the September 2026 market report lists a median sold price of $274,500. The median list price for active listings at month-end was $389,900. The median estimated property value was $303,610. Estimated property values are model-based, not formal appraisals, while list prices and sold prices describe different property groups.

The difference between asking prices and sale prices does not measure a discount on your home. I would use completed sales to establish context, then consider competing listings separately when discussing your starting price. An ambitious asking price is a choice to weigh against how clearly similar sales support it.

Prepare a list of improvements and known repair needs so we can assess relevant differences from similar homes. Review recent sales of similar homes with me, focusing on size, condition and features rather than matching a townwide figure. Decide what feedback would prompt a pricing review before your home is offered for sale.

Katherine "Kathy" Ziemke
Featured Professional

Katherine "Kathy" Ziemke

RE/MAX Advantage Plus
Let’s Talk Real Estate

As a trusted local real estate professional, I help buyers and sellers navigate the real estate market with confidence, clear communication, and a strategic plan from the first conversation through closing.

For sellers, I focus on proper pricing, home preparation, market positioning, and targeted exposure designed to attract qualified buyers and maximize results before the property reaches the market.

For buyers, I provide local market insight, neighborhood guidance, and smart offer strategies to help you find the right home and make confident decisions without overpaying. I serve Plymouth, Chanhassen and surrounding communities.

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October 2026 Schedule

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October 31, 2026 · 9:00 AM Central Time

Weekend Voting Returns Before Election Day

Early voting will be available in Faribault on Saturday, October 31, from 9 a.m. to 3 p.m. at the Rice County Government Services Building, 320 Third Street NW. Rice County voters …

Frequently Asked Questions

Clear answers for readers comparing local coverage, professional guidance, listings, and market context.

Who wrote this real estate article about Faribault, MN?

Choose Your Faribault, MN Home's Asking Price for October 2026 is by Katherine "Kathy" Ziemke of RE/MAX Advantage Plus.

When was this article published?

October 27, 2026.

What does this article cover?

Separate completed sales, competing asking prices and estimated values before choosing a starting price.

Where can I find more information about Faribault, MN?

Use the linked town guide for community information, local professionals, events, and related real estate articles.

Can buyers use this article when planning a home search?

Use this article as context for a discussion with a local professional. Verify property-specific facts and current market conditions.

Can sellers use this article for pricing context?

Use the dated market discussion as a starting point. A specific property requires its own comparable-sales review.

How can I contact Katherine "Kathy" Ziemke?

Open the linked agent profile and use its contact options.

Does this article replace professional advice?

No. It provides general real estate information. Verify important details with an appropriate professional.

Where can I find related real estate articles?

Use the related articles and town links on this page to explore available coverage.

Why are town and agent details shown with the article?

They identify the community discussed and the professional associated with this article.