$508,276
$455K since sold in October 2023$122K since July
This home's estimate is 47.3% higher than the average sale price ($345K) of 6 comparable homes.
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Off Market Oct 2023 for $53K
$508,276
Est. refi paymentEst. refi $340/mo
3
bd•
3 ba
•
2,016
sq ft
1002 Reed Ave, Faribault, MN 55021
About this home
1002 Reed Ave is a 2,016 square foot house on a 0.57 acre lot with 3 bedrooms and 3 bathrooms. - it last sold on October 25, 2023 for $53,000. Based on Redfin's Faribault data, we estimate the home's value is $508,276.
Single-familyProperty Type
2024Year Built
0.57 acresLot Size
$252Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
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Refinance
$0
Est. cash available
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Rent
$2,163/mo
Redfin rental estimate
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Market trends in 55021, MN
Last updated July 2026
Buyer's Market
Seller's Market
Balanced market
Sale-to-List Price
98.4%
0.2% MoM
Median sale price
$311K
$33K MoM
Avg. days on market
29d
0 days MoM
Recently sold homes
94
14 MoM
New listings for sale
Provided by Redfin
Property details
Around this home
Lifestyle
Provided by Walk Score and Local Logic
Sun exposure
In this area, properties receive around 10.2 hours in June and 3.7 hours in December, which is comparable to the U.S. average for solar exposure.
JuneDecember
Provided by Shadowmap
Estimated sale price
$483,000 – $585,000
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