The property at 117 1st Street SW, Faribault, MN 55021, built in 1900, is a 1,115 square foot Single Family and has 2 bedrooms and 1 bathrooms. It is situated on a lot that is 3,960 square feet and was last tax assessed in 2025 for a valuation of $121,800
The estimate for this property has experienced a -3.77% decrease in the past 6 months reaching a value of $159,144.
Property Tax History
Source: Public Records
| Year | Assessment |
|---|---|
| 2023 | $120,700 +4.96% |
| 2022 | $115,000 |
| 2021 | $115,000 +66.91% |
| 2020 | $68,900 +14.45% |
| 2019 | $60,200 -25.68% |
| 2018 | $81,000 +9.76% |
| 2017 | $73,800 +5.43% |
| 2016 | $70,000 +3.70% |
| 2015 | $67,500 +4.65% |
| 2014 | $64,500 |
Valuation History
Source: Public Records
| Month | Valuation | Single Family Homes Sold | Median Sales Price/Sqft |
|---|---|---|---|
| Nov 2025 | $159,144 | - | - |
| Oct 2025 | $161,611 | - | - |
| Sep 2025 | $158,428 | - | - |
| Aug 2025 | $156,702 | - | - |
| Jul 2025 | $159,398 | - | - |
| Jun 2025 | $161,627 | - | - |
| May 2025 | $159,731 | - | - |
| Apr 2025 | $165,374 | - | - |
| Mar 2025 | $166,144 | - | - |
| Feb 2025 | $166,868 | - | - |
| Jan 2025 | $168,479 | - | - |
| Dec 2024 | $173,497 | - | - |
| Nov 2024 | $171,359 | - | - |
| Oct 2024 | $173,355 | - | - |
| Sep 2024 | $179,773 | - | - |
| Aug 2024 | $178,101 | - | - |
| Jul 2024 | $178,093 | - | - |
| Jun 2024 | $181,732 | - | - |
| May 2024 | $184,337 | - | - |
| Apr 2024 | $182,723 | - | - |
| Mar 2024 | $182,250 | - | - |
| Feb 2024 | $182,750 | - | - |
| Jan 2024 | $188,500 | - | - |
| Dec 2023 | $179,250 | - | - |
| Nov 2023 | $200,000 | - | - |
| Oct 2023 | $201,000 | - | - |
| Sep 2023 | $198,750 | - | - |
| Aug 2023 | $130,445 | - | - |
| Jul 2023 | $145,087 | - | - |
| Jun 2023 | $144,455 | - | - |
| May 2023 | $155,614 | - | - |
| Apr 2023 | $151,673 | - | - |
| Mar 2023 | $153,155 | - | - |
| Feb 2023 | $131,500 | - | - |
| Jan 2023 | $131,000 | - | - |
| Dec 2022 | $141,500 | - | - |
*Market History, including Median Sales Price per square foot, and Single Family Homes Sold is based on historical data of Zip Code: 55021 - MN
Population & Environment
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 31,087 | 24,489 | 68,321 | 335,858,263 |
| Population Density | 177 | 1,602 | 138 | 95 |
| People per Household | 2.5 | 2.5 | 2.6 | 2.6 |
| Median Age | 39.4 | 37.7 | 36.8 | 39.1 |
| Median Income | $61,907 | $53,759 | $70,893 | $66,222 |
| Average Income | $29,624 | $26,013 | $32,536 | $35,475 |
| Cost of Living Index | 103 | 100 | 107 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 1.3°F | 1.3°F | 1.3°F | 22.6°F |
| July Avg. High Temp | 83°F | 83°F | 83°F | 86.2°F |
| Annual Precipitation | 31.64" | 31.64" | 31.64" | 38" |
Click Zestimate price to view details on Zillow. Zestimate data is provided "as is" via the Zestimate API. © Zillow, Inc., 2006-2022. Use is subject to Terms of Use.
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