Foreclosure for Sale on 8th Ave SW, Faribault, MN 55021

ForeclosuresMinnesotaRiceFaribault › 8th Ave SW
Pre-foreclosure property at 8th Ave SW, Faribault, MN 55021. 4 bed 2 bath 2,688 sq ft Rice County foreclosure listing.
Pre-foreclosure Active 28 days on market
8th Ave SW, Faribault, MN 55021
Price TBD
Rice County · Minnesota
4
Bedrooms
2
Bathrooms
2,688
Sq ft
1950
Year built
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Property details
Listing type Preforeclosure
Property type SingleFamily
Bedrooms 4
Bathrooms 2
Living area 2,688 sq ft
Year built 1950
County Rice County
State Minnesota
ZIP 55021
Days on Market 28 days
Listing ID 65951654
About this property

This home in Faribault, MN is in preforeclosure, which means the homeowner is in default (missed payments). Therefore, there could be an opportunity to strike a great deal with the owner and the bank.

📊 Rice County Market · Updated daily
Active Listings
66
Avg. Est. Value
$264,450
Bank-Owned (REO)
15
Pre-Foreclosures
51

49 active foreclosure listings in Faribault, MN.

Browse all Rice County foreclosures →
❓ Frequently Asked Questions
This is a pre-foreclosure property. The homeowner is behind on mortgage payments but the property has not yet been auctioned. Buyers can negotiate directly with the owner, arrange financing, and conduct a full inspection — often at a price below market value.
Click "View full listing & bid" above to access complete auction details, contact information, and bidding tools through our foreclosure.com partner. You can also work with a licensed real estate attorney or broker familiar with Rice County foreclosures for additional guidance on the purchase process.
There are currently 49 active foreclosure listings in Faribault, MN. Land.net updates foreclosure data daily across all 50 states.
Before buying any foreclosure, research: (1) title history and any liens that may survive the sale, (2) property condition — most foreclosures sell as-is with no repairs, (3) delinquent property taxes which are a senior lien, (4) HOA fees and any delinquent assessments, (5) flood zone status using FEMA maps, and (6) occupancy status — eviction may be required if the property is occupied.
🌊 Flood Zone · FEMA NFHL

Check the official FEMA flood map for this property's flood zone designation and risk level.

Check FEMA Flood Map →
🏦 Mortgage estimate
Est. monthly payment (P&I + tax + insurance)
📍 Location Map · Faribault, MN Open in Google Maps →
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🏘️ Neighborhood Profile · ZIP 55021 · U.S. Census ACS
Population
30,973
Median Age
40.5 yrs
Households
11,435
Median Household Income
$66,742
Median Home Value
$244,700
Median Rent
$1,047/mo
Owner-Occupied
70% of homes
Vacancy Rate
8% of units
Unemployment Rate
5.4%

~13% of residents hold a bachelor’s degree or higher.

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2022)
🏫 Schools · NCES 2024–25
Schools in ZIP 55021
🏫 Elementary
CANNON RIVER STEM SCHOOL Charter
Grades K–8·FARIBAULT ZIP 55021
🏫 Middle
Falcons Online Academy-Middle
Grades 5–8·FARIBAULT ZIP 55021
FARIBAULT DAY SCHOOL ALC
Grades 6–8·FARIBAULT ZIP 55021
FARIBAULT MIDDLE
Grades 6–8·FARIBAULT ZIP 55021
🎓 High
CVSEC STEP
Grades 9–12·FARIBAULT ZIP 55021
Discovery Public School - Faribault Charter
Grades 6–12·FARIBAULT ZIP 55021
Falcons Online Academy-HS
Grades 9–12·FARIBAULT ZIP 55021

Source: NCES CCD 2024–25 · nces.ed.gov

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📍 Nearby Foreclosures
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View all in ZIP 55021 →
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