718 6th St NW · Faribault, MN 55021

$279,900

4 bd · 2.0 ba · 2,514 sqft · SingleFamily public records · 232 Days on market

Built 1900 0.25 ac lot $111/sqft · 11% below area Est $352k · 20% under

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +15.0/15.0
• Cash flow +10.2/30.0
• Livability +3.8/5.0
• DSCR +2.9/10.0
• 1% rule +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome home! This charming 2-story residence offers 4 spacious bedrooms and 2 well-appointed bathrooms, with the convenience of a main floor bedroom and full bath perfect for guests or multi-generational living. The heart of this home is the expansive eat-in kitchen, featuring a central island and a beverage/wine fridge, ideal for entertaining and family gatherings. The formal dining room adds a touch of elegance, while the large open family room invites relaxation and comfort. Step into the finished front porch, adorned with custom wood finishes, or through the generous back entryway that provides additional space for storage and ease of access. On the upper level, you will find 3 bedrooms including a large primary with built-ins and a versatile office space, along with an additional full bath. The finished lower level is a true gem, offering a large flex room with brand new flooring, a separate exterior entrance, and a thoughtfully designed laundry room with custom built-ins. There’s even a potential third bathroom waiting for your personal touch! The oversized 2-stall detached garage, featuring a newer roof, and the wrap-around deck overlooking your private, partially fenced backyard create a wonderful outdoor retreat, complete with an additional shed that can serve as storage or a playhouse for children. The expansive concrete patio is perfect for entertaining friends and family during warm summer evenings. This home beautifully combines warmth and functionality, offering ample space for all your needs. Don’t miss your opportunity to make it your own!

Key facts

• Beverage wine fridge
• Large flex room
• Finished front porch

Tags

• MAIN FLOOR BEDROOM
• EXPANSIVE EAT-IN KITCHEN
• BEVERAGE WINE FRIDGE
• FINISHED FRONT PORCH
• CUSTOM WOOD FINISHES
• LARGE FLEX ROOM

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $280k.

Deal economics

• At list price, monthly cash flow is $-157 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $252k (9.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $213k (23.8% below list).
• Recommended offer: $213k (23.8% below list) — sets the bar for 1% rule.
• Cap rate 5.6% vs local median 4.1% in Faribault — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 76/100 on livability (#158 in MN, #3,440 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools C-, employment C-, commute F.
• Faribault Public School District (town): math 17% / reading 34% proficiency, ranked #275 of 301 in MN (top 91%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 165 active listings in the ZIP; 93 units permitted in Rice County in 2024 (0 in 5+ unit buildings).
• This rent runs 37% of the median local income ($69k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 232 days — a 12% lower offer ($246k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 16y ago; this cycle's ask has dropped $20k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $213,160 (23.8% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 232 days. Have you received any prior offers? Is the seller open to a 24% concession, seller financing, or rate buy-down credit?
3. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.76% ✗
• Cap rate: 5.62%
• Cash-on-cash: -2.41%
• DSCR: 0.89
• GRM: 10.9

CMA / ARV

• ARV (median comp): $352,015
• List price: $279,900
• Delta: -20.49%
• Verdict: UNDERPRICED
• Comps: 2 within 2.0 mi

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -20.3%
• Equity multiple: 0.29×
• Total profit: $-55,401
• Equity at exit: $41,734

10-year hold

• IRR: -13.4%
• Equity multiple: 0.22×
• Total profit: $-61,246
• Equity at exit: $24,201

Cash invested: $78,372 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 46 Balanced
• State Minnesota: 46 Balanced · D+2
• County: — inherits STATE
• City: — inherits STATE

2024 reforms strengthened tenant protections; ramsey/hennepin courts paced moderate to slow.

Methodology + full state rankings →

ZIP-level market 55021

• Home prices YoY: -26.9%
• Active inventory: 165
• Price-to-rent: 10.9×

Monthly cashflow live

• Estimated rent: $2,132 medium
• Mortgage (P&I): −$1,468
• Tax from tax record: −$257 /mo · $3,082/yr
• Insurance: −$117
• HOA: −$0
• Vacancy / Maint / Mgmt: −$448
• Net cashflow: $-157

Break-even live

Break-even rent $2,331

Max offer price $252,109

Occupancy floor —

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $69,975
• Closing costs: $8,397
• Reserves months: —
• Total cash needed: —

Listing history 35 events

1. 2026-06-19
   days on market $279,900 Active 232 DOM
2. 2026-06-18
   days on market $279,900 Active 231 DOM
3. 2026-06-17
   days on market $279,900 Active 230 DOM
4. 2026-06-16
   days on market $279,900 Active 229 DOM
5. 2026-06-15
   days on market $279,900 Active 228 DOM
6. 2026-06-14
   days on market $279,900 Active 226 DOM
7. 2026-06-12
   days on market $279,900 Active 225 DOM
8. 2026-06-09
   days on market $279,900 Active 222 DOM
9. 2026-06-08
   days on market $279,900 Active 221 DOM
10. 2026-06-07
    days on market $279,900 Active 220 DOM
11. 2026-06-05
    days on market $279,900 Active 217 DOM
12. 2026-06-03
    days on market $279,900 Active 216 DOM
13. 2026-06-02
    days on market $279,900 Active 215 DOM
14. 2026-06-01
    days on market $279,900 Active 214 DOM
15. 2026-05-31
    days on market $279,900 Active 213 DOM
16. 2026-05-30
    days on market $279,900 Active 212 DOM
17. 2026-04-28
    status Active 1594-char remark

    Show marketing remark (1594 chars)

    Welcome home! This charming 2-story residence offers 4 spacious bedrooms and 2 well-appointed bathrooms, with the convenience of a main floor bedroom and full bath perfect for guests or multi-generational living. The heart of this home is the expansive eat-in kitchen, featuring a central island and a beverage/wine fridge, ideal for entertaining and family gatherings. The formal dining room adds a touch of elegance, while the large open family room invites relaxation and comfort. Step into the finished front porch, adorned with custom wood finishes, or through the generous back entryway that provides additional space for storage and ease of access. On the upper level, you will find 3 bedrooms including a large primary with built-ins and a versatile office space, along with an additional full bath. The finished lower level is a true gem, offering a large flex room with brand new flooring, a separate exterior entrance, and a thoughtfully designed laundry room with custom built-ins. There’s even a potential third bathroom waiting for your personal touch! The oversized 2-stall detached garage, featuring a newer roof, and the wrap-around deck overlooking your private, partially fenced backyard create a wonderful outdoor retreat, complete with an additional shed that can serve as storage or a playhouse for children. The expansive concrete patio is perfect for entertaining friends and family during warm summer evenings. This home beautifully combines warmth and functionality, offering ample space for all your needs. Don’t miss your opportunity to make it your own!

18. 2026-04-26
    historical Contingent - Other 1594-char remark

    Show marketing remark (1594 chars)

    Welcome home! This charming 2-story residence offers 4 spacious bedrooms and 2 well-appointed bathrooms, with the convenience of a main floor bedroom and full bath perfect for guests or multi-generational living. The heart of this home is the expansive eat-in kitchen, featuring a central island and a beverage/wine fridge, ideal for entertaining and family gatherings. The formal dining room adds a touch of elegance, while the large open family room invites relaxation and comfort. Step into the finished front porch, adorned with custom wood finishes, or through the generous back entryway that provides additional space for storage and ease of access. On the upper level, you will find 3 bedrooms including a large primary with built-ins and a versatile office space, along with an additional full bath. The finished lower level is a true gem, offering a large flex room with brand new flooring, a separate exterior entrance, and a thoughtfully designed laundry room with custom built-ins. There’s even a potential third bathroom waiting for your personal touch! The oversized 2-stall detached garage, featuring a newer roof, and the wrap-around deck overlooking your private, partially fenced backyard create a wonderful outdoor retreat, complete with an additional shed that can serve as storage or a playhouse for children. The expansive concrete patio is perfect for entertaining friends and family during warm summer evenings. This home beautifully combines warmth and functionality, offering ample space for all your needs. Don’t miss your opportunity to make it your own!

19. 2026-04-23
    status Active 1594-char remark

    Show marketing remark (1594 chars)

    Welcome home! This charming 2-story residence offers 4 spacious bedrooms and 2 well-appointed bathrooms, with the convenience of a main floor bedroom and full bath perfect for guests or multi-generational living. The heart of this home is the expansive eat-in kitchen, featuring a central island and a beverage/wine fridge, ideal for entertaining and family gatherings. The formal dining room adds a touch of elegance, while the large open family room invites relaxation and comfort. Step into the finished front porch, adorned with custom wood finishes, or through the generous back entryway that provides additional space for storage and ease of access. On the upper level, you will find 3 bedrooms including a large primary with built-ins and a versatile office space, along with an additional full bath. The finished lower level is a true gem, offering a large flex room with brand new flooring, a separate exterior entrance, and a thoughtfully designed laundry room with custom built-ins. There’s even a potential third bathroom waiting for your personal touch! The oversized 2-stall detached garage, featuring a newer roof, and the wrap-around deck overlooking your private, partially fenced backyard create a wonderful outdoor retreat, complete with an additional shed that can serve as storage or a playhouse for children. The expansive concrete patio is perfect for entertaining friends and family during warm summer evenings. This home beautifully combines warmth and functionality, offering ample space for all your needs. Don’t miss your opportunity to make it your own!

20. 2026-03-24
    status Pending 1594-char remark

    Show marketing remark (1594 chars)

    Welcome home! This charming 2-story residence offers 4 spacious bedrooms and 2 well-appointed bathrooms, with the convenience of a main floor bedroom and full bath perfect for guests or multi-generational living. The heart of this home is the expansive eat-in kitchen, featuring a central island and a beverage/wine fridge, ideal for entertaining and family gatherings. The formal dining room adds a touch of elegance, while the large open family room invites relaxation and comfort. Step into the finished front porch, adorned with custom wood finishes, or through the generous back entryway that provides additional space for storage and ease of access. On the upper level, you will find 3 bedrooms including a large primary with built-ins and a versatile office space, along with an additional full bath. The finished lower level is a true gem, offering a large flex room with brand new flooring, a separate exterior entrance, and a thoughtfully designed laundry room with custom built-ins. There’s even a potential third bathroom waiting for your personal touch! The oversized 2-stall detached garage, featuring a newer roof, and the wrap-around deck overlooking your private, partially fenced backyard create a wonderful outdoor retreat, complete with an additional shed that can serve as storage or a playhouse for children. The expansive concrete patio is perfect for entertaining friends and family during warm summer evenings. This home beautifully combines warmth and functionality, offering ample space for all your needs. Don’t miss your opportunity to make it your own!

21. 2026-02-06
    price $279,900 1594-char remark

    Show marketing remark (1594 chars)

    Welcome home! This charming 2-story residence offers 4 spacious bedrooms and 2 well-appointed bathrooms, with the convenience of a main floor bedroom and full bath perfect for guests or multi-generational living. The heart of this home is the expansive eat-in kitchen, featuring a central island and a beverage/wine fridge, ideal for entertaining and family gatherings. The formal dining room adds a touch of elegance, while the large open family room invites relaxation and comfort. Step into the finished front porch, adorned with custom wood finishes, or through the generous back entryway that provides additional space for storage and ease of access. On the upper level, you will find 3 bedrooms including a large primary with built-ins and a versatile office space, along with an additional full bath. The finished lower level is a true gem, offering a large flex room with brand new flooring, a separate exterior entrance, and a thoughtfully designed laundry room with custom built-ins. There’s even a potential third bathroom waiting for your personal touch! The oversized 2-stall detached garage, featuring a newer roof, and the wrap-around deck overlooking your private, partially fenced backyard create a wonderful outdoor retreat, complete with an additional shed that can serve as storage or a playhouse for children. The expansive concrete patio is perfect for entertaining friends and family during warm summer evenings. This home beautifully combines warmth and functionality, offering ample space for all your needs. Don’t miss your opportunity to make it your own!

22. 2025-11-18
    price $289,900 1594-char remark

    Show marketing remark (1594 chars)

    Welcome home! This charming 2-story residence offers 4 spacious bedrooms and 2 well-appointed bathrooms, with the convenience of a main floor bedroom and full bath perfect for guests or multi-generational living. The heart of this home is the expansive eat-in kitchen, featuring a central island and a beverage/wine fridge, ideal for entertaining and family gatherings. The formal dining room adds a touch of elegance, while the large open family room invites relaxation and comfort. Step into the finished front porch, adorned with custom wood finishes, or through the generous back entryway that provides additional space for storage and ease of access. On the upper level, you will find 3 bedrooms including a large primary with built-ins and a versatile office space, along with an additional full bath. The finished lower level is a true gem, offering a large flex room with brand new flooring, a separate exterior entrance, and a thoughtfully designed laundry room with custom built-ins. There’s even a potential third bathroom waiting for your personal touch! The oversized 2-stall detached garage, featuring a newer roof, and the wrap-around deck overlooking your private, partially fenced backyard create a wonderful outdoor retreat, complete with an additional shed that can serve as storage or a playhouse for children. The expansive concrete patio is perfect for entertaining friends and family during warm summer evenings. This home beautifully combines warmth and functionality, offering ample space for all your needs. Don’t miss your opportunity to make it your own!

23. 2025-09-30
    listed $299,900 Active 1594-char remark

    Show marketing remark (1594 chars)

    Welcome home! This charming 2-story residence offers 4 spacious bedrooms and 2 well-appointed bathrooms, with the convenience of a main floor bedroom and full bath perfect for guests or multi-generational living. The heart of this home is the expansive eat-in kitchen, featuring a central island and a beverage/wine fridge, ideal for entertaining and family gatherings. The formal dining room adds a touch of elegance, while the large open family room invites relaxation and comfort. Step into the finished front porch, adorned with custom wood finishes, or through the generous back entryway that provides additional space for storage and ease of access. On the upper level, you will find 3 bedrooms including a large primary with built-ins and a versatile office space, along with an additional full bath. The finished lower level is a true gem, offering a large flex room with brand new flooring, a separate exterior entrance, and a thoughtfully designed laundry room with custom built-ins. There’s even a potential third bathroom waiting for your personal touch! The oversized 2-stall detached garage, featuring a newer roof, and the wrap-around deck overlooking your private, partially fenced backyard create a wonderful outdoor retreat, complete with an additional shed that can serve as storage or a playhouse for children. The expansive concrete patio is perfect for entertaining friends and family during warm summer evenings. This home beautifully combines warmth and functionality, offering ample space for all your needs. Don’t miss your opportunity to make it your own!

24. 2022-07-28
    soldstatus $259,900
25. 2022-07-25
    soldstatus $259,900 Sold 612-char remark

    Show marketing remark (612 chars)

    Beautiful 2 story home with 4 Bedrooms & 2 Baths! Lots of updates, custom made built-ins throughout the home, Main Floor Bedroom & full bath, eat-in kitchen with lots of custom cabinets. Porches in the front & back for relaxing! Large patio perfect for cookouts & entertaining, storage shed, oversized 2 car garage with Bar & Man Cave. Basement is partially finished and roughed in for potential 3rd Bathroom. New windows, siding & roof! Spiral staircase leads to finished Family Room in Basement. Don't miss this home that is full of character!! There is a home warranty with this home.

26. 2022-06-21
    status Pending 612-char remark

    Show marketing remark (612 chars)

    Beautiful 2 story home with 4 Bedrooms & 2 Baths! Lots of updates, custom made built-ins throughout the home, Main Floor Bedroom & full bath, eat-in kitchen with lots of custom cabinets. Porches in the front & back for relaxing! Large patio perfect for cookouts & entertaining, storage shed, oversized 2 car garage with Bar & Man Cave. Basement is partially finished and roughed in for potential 3rd Bathroom. New windows, siding & roof! Spiral staircase leads to finished Family Room in Basement. Don't miss this home that is full of character!! There is a home warranty with this home.

27. 2022-06-14
    historical Contingent - Inspection 612-char remark

    Show marketing remark (612 chars)

    Beautiful 2 story home with 4 Bedrooms & 2 Baths! Lots of updates, custom made built-ins throughout the home, Main Floor Bedroom & full bath, eat-in kitchen with lots of custom cabinets. Porches in the front & back for relaxing! Large patio perfect for cookouts & entertaining, storage shed, oversized 2 car garage with Bar & Man Cave. Basement is partially finished and roughed in for potential 3rd Bathroom. New windows, siding & roof! Spiral staircase leads to finished Family Room in Basement. Don't miss this home that is full of character!! There is a home warranty with this home.

28. 2022-06-14
    status Pending 612-char remark

    Show marketing remark (612 chars)

    Beautiful 2 story home with 4 Bedrooms & 2 Baths! Lots of updates, custom made built-ins throughout the home, Main Floor Bedroom & full bath, eat-in kitchen with lots of custom cabinets. Porches in the front & back for relaxing! Large patio perfect for cookouts & entertaining, storage shed, oversized 2 car garage with Bar & Man Cave. Basement is partially finished and roughed in for potential 3rd Bathroom. New windows, siding & roof! Spiral staircase leads to finished Family Room in Basement. Don't miss this home that is full of character!! There is a home warranty with this home.

29. 2022-06-10
    price $259,900 612-char remark

    Show marketing remark (612 chars)

    Beautiful 2 story home with 4 Bedrooms & 2 Baths! Lots of updates, custom made built-ins throughout the home, Main Floor Bedroom & full bath, eat-in kitchen with lots of custom cabinets. Porches in the front & back for relaxing! Large patio perfect for cookouts & entertaining, storage shed, oversized 2 car garage with Bar & Man Cave. Basement is partially finished and roughed in for potential 3rd Bathroom. New windows, siding & roof! Spiral staircase leads to finished Family Room in Basement. Don't miss this home that is full of character!! There is a home warranty with this home.

30. 2022-05-22
    listed $269,900 Active 612-char remark

    Show marketing remark (612 chars)

    Beautiful 2 story home with 4 Bedrooms & 2 Baths! Lots of updates, custom made built-ins throughout the home, Main Floor Bedroom & full bath, eat-in kitchen with lots of custom cabinets. Porches in the front & back for relaxing! Large patio perfect for cookouts & entertaining, storage shed, oversized 2 car garage with Bar & Man Cave. Basement is partially finished and roughed in for potential 3rd Bathroom. New windows, siding & roof! Spiral staircase leads to finished Family Room in Basement. Don't miss this home that is full of character!! There is a home warranty with this home.

31. 2011-03-01
    soldstatus $130,000
32. 2011-02-28
    soldstatus $130,000
33. 2011-02-24
    soldstatus $130,000
34. 2011-02-04
    historical
35. 2010-09-17
    listed $138,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MN · Partial reset (capped growth)

• Current annual tax: $3,082 · $257/mo
• Projected year-2 tax: $3,108 · $259/mo
• Expected delta: +$26/yr (+$2/mo · 0.9%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 2/10 Low 7 d/yr ≥99°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,579
• − Mortgage interest: −$15,679
• − Property taxes: −$3,082
• − Insurance: −$1,400
• − Repairs & maintenance: −$2,046
• − Management: −$2,046
• − Depreciation: −$8,143
• Taxable loss: −$6,816
• Est. tax savings @ 24.0%: +$1,636
• After-tax cash flow: $-252/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Faribault Public School District
• NCES district ID: 2711760
• Math proficiency: 17% ▼ -18.00%
• Reading proficiency: 34% ▼ -8.00%
• Median HH income: $54,584
• Composite: 22.85/100
• National rank: #8011
• State rank: #275 of 301 in MN

Livability — Faribault

• Score: 76/100
• State rank: #158
• US rank: #3440

Category grades

Amenities C+ Commute F Cost of living A+ Crime B- Employment C- Housing A+ Health & safety A+ User ratings B-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Faribault, MN
• County: Rice County · 56,558 people
• City population: 30,908
• Metro: Faribault-Northfield, MN
• Population (ZIP): 30,908
• Household income: $68,820
• Rent vs Own: 28.2% rent · 71.8% own
• Severe rent burden: 755.0

Population outlook (Rice County) Hauer SSP2

• Today (2025): 66,716 people
• By 2030: 67,352 · +1.0%
• By 2040: 67,595 · +1.3%
• By 2050: 67,074 · +0.5%
• By 2075: 66,641 · -0.1%
• By 2100: 66,205 · -0.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (71%)
• Race & ethnicity: White 71% Black 13% Hispanic / Latino 12% Two or more races 6% Asian 1%
• Hispanic origin (detail): Mexican 9%
• Common ancestry: Portuguese 9% Lithuanian 3% Romanian 2%
• Foreign-born: 11% · Canada
• Languages at home: 82% English-only · Spanish 9% Other Asian/Pacific 1%

Political lean MEDSL · Rice

• 2024 margin: Toss-up / Even · D 47.8% · R 50.3% · Other 1.8%
• 2008→2024 swing: -14.0pp toward R · 2008: 11.5pp · 2024: -2.5pp
• All cycles: 2024: R+2.5 2020: R+0.2 2016: R+3.1 2012: D+8.3 2008: D+11.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -93.12%
• Current HPI: 253.3996
• Rent YoY: —
• Metro: Faribault-Northfield, MN
• State GDP YoY: ▲ 2.41%
• F500 in state: 34

Industry mix (Fortune 500 HQ in MN)

Industry	F500 HQs	Revenue
▸Healthcare	2	$407B
▸Retail	2	$150B
▸Consumer Goods	2	$32B
▸Industrial Machinery	2	$6B
▸Agriculture	1	$40B
▸Healthcare / Medical Devices	1	$32B

Price history

+102.8% since first listed

19 events — show timeline

• 2026-04-28 Relisted — NORTHSTARMLS as Distributed by MLS Grid
• 2026-04-26 Contingent — NORTHSTARMLS as Distributed by MLS Grid
• 2026-04-23 Relisted — NORTHSTARMLS as Distributed by MLS Grid
• 2026-03-24 Pending — NORTHSTARMLS as Distributed by MLS Grid
• 2026-02-06 Price Changed $279,900 NORTHSTARMLS as Distributed by MLS Grid
• 2025-11-18 Price Changed $289,900 NORTHSTARMLS as Distributed by MLS Grid
• 2025-09-30 Listed $299,900 NORTHSTARMLS as Distributed by MLS Grid
• 2022-07-28 Sold (Public Records) $259,900 Public Records
• 2022-07-25 Sold (MLS) $259,900 NORTHSTARMLS as Distributed by MLS Grid
• 2022-06-21 Pending — NORTHSTARMLS as Distributed by MLS Grid
• 2022-06-14 Contingent — NORTHSTARMLS as Distributed by MLS Grid
• 2022-06-14 Pending — NORTHSTARMLS as Distributed by MLS Grid
• 2022-06-10 Price Changed $259,900 NORTHSTARMLS as Distributed by MLS Grid
• 2022-05-22 Listed $269,900 NORTHSTARMLS as Distributed by MLS Grid
• 2011-03-01 Sold (Public Records) $130,000 Public Records
• 2011-02-28 Sold (Public Records) $130,000 Public Records
• 2011-02-24 Sold (MLS) $130,000 NORTHSTARMLS as Distributed by MLS Grid
• 2011-02-04 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
• 2010-09-17 Listed $138,000 NORTHSTARMLS as Distributed by MLS Grid

Property tax history

+7.8%/yr

Latest (2025): $3,082 · +9.1% YoY. Source: county tax records.