55021 — Faribault, MN Home Values
Typical home value $307,609 as of June 2026 · 7th of 8 in Faribault-Northfield, MN
Blue: typical home value (Zillow ZHVI) in ZIP code 55021, June 2021 to June 2026. This page shows observed data only; no forecast.
How 55021 compares in the Faribault-Northfield, MN area
ZIP code 55021 (Faribault, MN) has a typical home value of $307,609 as of June 2026, ranking 7th of 8 ZIP codes tracked in the Faribault-Northfield, MN area, more expensive than about 25% of ZIP codes in the metro. Prices here have moved +2.9% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +25.0%, from $246,135 in June 2021 to $307,609 in June 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Faribault-Northfield, MN forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Faribault.
Population and demographics
ZIP code 55021 has a population of 30,860, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 72.6% White, 12.1% Black or African American, 11.9% Hispanic or Latino, 1.8% two or more races, 1.2% Asian, 0.3% American Indian or Alaska Native, and 0.2% Native Hawaiian or Pacific Islander.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| McKinley PreK | 930 4TH AVE NW, FARIBAULT, MN | 0.3 mi |
| Surad Academy | 128 8TH AVE NW, FARIBAULT, MN | 0.6 mi |
| LINCOLN ELEMENTARY | 510 LINCOLN AVE NW, FARIBAULT, MN | 0.7 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 55021?
$307,609 as of June 2026, the latest month Zillow has published observed data for.
Is 55021 an expensive ZIP code in the Faribault-Northfield, MN area?
55021 ranks 7th of 8 ZIP codes in the Faribault-Northfield, MN area by typical home value, more expensive than about 25% of ZIP codes in the metro.
How much have home values in 55021 changed over the past year?
+2.9% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 55021?
30,860, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 55021?
McKinley PreK (0.3 mi), Surad Academy (0.6 mi), LINCOLN ELEMENTARY (0.7 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 55021?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Faribault-Northfield, MN forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.