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Faribault County Housing

 
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As of 2010-2014, median price of a house in Faribault County is $84,500, which is much lower than the state average of $185,200 and is much lower than the national average of $175,700. The Faribault County median house value has grown by 67.99% since 2000. The growth rate for the price of a house in Faribault County is higher than the state average rate of 51.31% and is higher than the national average rate of 46.91%. The median year that a house in Faribault County was built is 1952, which is older than the median year for a house built in the state which is 1975 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 4,870 Owner Occupied Houses in Faribault County, #83
Faribault County
84,500 USD
Minnesota
185,200 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #44
Faribault County
67.99%
Minnesota
51.31%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Faribault CountyMinnesotaU.S.
Total Housing Units7,066, see rank, 100%2,364,149132,741,033
Occupied Housing Units6,311, 89.32%, see rank89.48%87.55%
Owner Occupied4,870, 68.92%, see rank64.51%56.34%
Renter Occupied1,441, 20.39%, see rank24.96%31.21%
Vacant Housing Units755, 10.68%, see rank10.52%12.45%
For Rent60, 0.85%, see rank1.22%2.34%
For Sale Only148, 2.09%, see rank0.96%1.20%
Rented or Sold, Not Occupied36, 0.51%, see rank0.68%0.92%
For Seasonal, Recreational, or Occasional Use75, 1.06%, see rank5.29%3.97%
For Migrant Workers0, 0.00%, see rank0.01%0.03%
Other Vacant436, 6.17%, see rank2.36%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #84
Faribault CountyMinnesotaU.S.
195219751976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Faribault County%MinnesotaU.S.
Owner-Occupied Units4,870100%1,525,20174,787,460
With a Mortgage2,53251.99%, see rank68.78%65.58%
Without a Mortgage2,33848.01%, see rank31.22%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Faribault County
905 USD
Minnesota
1,526 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsFaribault County%MinnesotaU.S.
$299 or Less190.75%, see rank0.18%0.20%
$300 to $4991536.04%, see rank1.30%1.59%
$500 to $69954521.52%, see rank4.08%5.01%
$700 to $99975629.86%, see rank12.50%14.32%
$1,000 to $1,49967926.82%, see rank30.43%27.90%
$1,500 to $1,9992509.87%, see rank25.36%20.35%
$2,000 to $2,9991074.23%, see rank19.32%19.52%
$3,000 or More230.91%, see rank6.84%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Faribault County
19.90% of the Total Income
Minnesota
22.50% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Faribault County%MinnesotaU.S.
10% or Less29011.45%, see rank6.13%5.86%
10% to 20%98438.86%, see rank35.03%31.95%
20% to 30%66626.30%, see rank30.01%27.64%
30% to 40%2218.73%, see rank12.88%13.74%
40% or More36614.45%, see rank15.67%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Faribault County
400 USD
Minnesota
475 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsFaribault County%MinnesotaU.S.
$199 or Less1385.90%, see rank4.45%7.76%
$200 to $29945719.55%, see rank10.96%14.70%
$300 to $4991,04644.74%, see rank39.99%34.63%
$500 to $69942718.26%, see rank27.38%21.16%
$700 or More27011.55%, see rank17.23%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Faribault County
11.90% of the Total Income
Minnesota
11.50% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Faribault County%MinnesotaU.S.
10% or Less95340.76%, see rank43.57%40.19%
10% to 20%82835.41%, see rank31.28%31.47%
20% to 30%23810.18%, see rank11.58%12.24%
30% to 40%1265.39%, see rank5.05%5.64%
40% or More1667.10%, see rank7.69%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Faribault CountyMinnesotaU.S.
Total Housing Units7,066, 100%2,364,149132,741,033
1-unit, Detached6,185, 87.53%, see rank67.25%61.65%
1-unit, Attached54, 0.76%, see rank7.45%5.82%
2 Units86, 1.22%, see rank2.34%3.75%
3 or 4 Units92, 1.30%, see rank2.08%4.43%
5 to 9 Units221, 3.13%, see rank2.23%4.78%
10 or More Units343, 4.85%, see rank15.14%13.08%
Mobile Home, Boat, RV, Van, etc.85, 1.20%, see rank3.52%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Faribault CountyMinnesotaU.S.
Total Housing Units7,066, 100%2,364,149132,741,033
1 Room1, 0.01%, see rank1.54%1.95%
2 Rooms50, 0.71%, see rank2.83%2.48%
3 Rooms351, 4.97%, see rank9.20%9.13%
4 Rooms864, 12.23%, see rank14.05%16.60%
5 Rooms1,120, 15.85%, see rank15.52%20.41%
6 Rooms1,474, 20.86%, see rank14.98%18.06%
7 Rooms1,156, 16.36%, see rank12.86%12.27%
8 Rooms770, 10.90%, see rank11.01%8.48%
9 Rooms or More1,280, 18.11%, see rank18.01%10.60%
Median Rooms6.30, see rank6.005.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Faribault CountyMinnesotaU.S.
Total Housing Units7,066, 100%2,364,149132,741,033
No Bedroom1, 0.01%, see rank1.76%2.17%
1 Bedroom545, 7.71%, see rank11.71%11.16%
2 Bedrooms1,860, 26.32%, see rank26.64%26.69%
3 Bedrooms3,057, 43.26%, see rank34.15%39.70%
4 Bedrooms1,302, 18.43%, see rank19.81%16.05%
5 or More Bedrooms301, 4.26%, see rank5.94%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Faribault CountyMinnesotaU.S.
Total Housing Units6,311, 100%2,115,337116,211,092
Utility Gas2,897, 45.90%, see rank66.78%48.85%
Bottled, Tank, or LP Gas2,213, 35.07%, see rank10.05%4.86%
Electricity622, 9.86%, see rank16.13%36.68%
Fuel Oil, Kerosene, etc.366, 5.80%, see rank2.62%5.86%
Coal or Coke0, 0.00%, see rank0.03%0.12%
Wood126, 2.00%, see rank2.55%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel60, 0.95%, see rank1.17%0.47%
No Fuel Used27, 0.43%, see rank0.65%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalFaribault CountyMinnesotaU.S.
Occupied Units Paying Rent1,268, 100%562,19839,201,928
$199 or Less43, 3.39%, see rank2.46%1.50%
$200 to $29955, 4.34%, see rank4.66%3.18%
$300 to $499490, 38.64%, see rank9.32%7.37%
$500 to $699412, 32.49%, see rank17.06%16.01%
$700 to $999212, 16.72%, see rank33.30%29.17%
$1,000 to $1,49937, 2.92%, see rank23.49%26.88%
$1,500 to $1,99919, 1.50%, see rank7.02%9.79%
$2,000 or More0, 0.00%, see rank2.69%6.10%
Median$529, see rank$835$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Faribault CountyMinnesotaU.S.
Occupied Housing Units6,311, 100%2,115,337116,211,092
No Vehicles Available323, 5.12%, see rank7.25%9.12%
1 Vehicles Available1,952, 30.93%, see rank30.11%33.80%
2 Vehicles Available2,469, 39.12%, see rank40.67%37.48%
3 or More Vehicles Available1,567, 24.83%, see rank21.97%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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