The property at 16089 Elgin Court, Faribault, MN 55021, built in 1978, is a 1,462 square foot Single Family and has 3 bedrooms and 2 bathrooms. It is situated on a lot that is 38,118 square feet and was last tax assessed in 2025 for a valuation of $426,700
The estimate for this property has experienced a 0.93% increase in the past 6 months reaching a value of $493,453.
Property Tax History
Source: Public Records
| Year | Assessment |
|---|---|
| 2023 | $393,300 +14.40% |
| 2022 | $343,800 +18.67% |
| 2021 | $289,700 +12.68% |
| 2020 | $257,100 +1.54% |
| 2019 | $253,200 +3.77% |
| 2018 | $244,000 +0.70% |
| 2017 | $242,300 -0.57% |
| 2016 | $243,700 -0.81% |
| 2015 | $245,700 -0.08% |
| 2014 | $245,900 |
Valuation History
Source: Public Records
| Month | Valuation | Single Family Homes Sold | Median Sales Price/Sqft |
|---|---|---|---|
| Nov 2025 | $493,453 | - | - |
| Nov 2025 | $493,058 | - | - |
| Oct 2025 | $488,720 | - | - |
| Sep 2025 | $496,379 | - | - |
| Aug 2025 | $500,198 | - | - |
| Jul 2025 | $502,938 | - | - |
| Jun 2025 | $498,579 | - | - |
| May 2025 | $488,897 | - | - |
| Apr 2025 | $496,892 | - | - |
| Mar 2025 | $484,309 | - | - |
| Feb 2025 | $487,975 | - | - |
| Jan 2025 | $502,316 | - | - |
| Dec 2024 | $493,398 | - | - |
| Nov 2024 | $490,744 | - | - |
| Oct 2024 | $492,676 | - | - |
| Sep 2024 | $489,760 | - | - |
| Aug 2024 | $494,741 | - | - |
| Jul 2024 | $499,617 | - | - |
| Jun 2024 | $486,251 | - | - |
| May 2024 | $499,167 | - | - |
| Apr 2024 | $489,344 | - | - |
| Mar 2024 | $494,191 | - | - |
| Feb 2024 | $490,626 | - | - |
| Jan 2024 | $489,119 | - | - |
| Dec 2023 | $492,297 | - | - |
| Nov 2023 | $528,018 | - | - |
| Oct 2023 | $480,272 | - | - |
| Sep 2023 | $406,072 | - | - |
| Aug 2023 | $491,882 | - | - |
| Jul 2023 | $482,915 | - | - |
| Jun 2023 | $412,358 | - | - |
| May 2023 | $460,692 | - | - |
| Apr 2023 | $409,122 | - | - |
| Mar 2023 | $388,583 | - | - |
| Feb 2023 | $425,700 | - | - |
| Jan 2023 | $404,000 | - | - |
| Dec 2022 | $427,200 | - | - |
*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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