1007 Reed Ave, Faribault, MN 55021
OFF MARKET

$361,900

Trulia Estimate
  • 2 Beds
  • 2 Baths
  • 1,603 sqft (on 0.27 acres)

1007 Reed Ave, Faribault, MN 55021

Est. Refi. Payment $2,333/mo*
Refinance Your Home
Currently Off Market - Sold Jul 24, 2018 for $256,400

Home Value

Trulia Estimate
$362K
Since last month
Decreased$4K (-1%)
Since last year
Increased$1K (+0.4%)
Since last sale
Increased$107K (+41.8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +123% in the last 10 years
MonthEstimated value
2026
September 2026$364K
August 2026$367K
July 2026$362K
June 2026$363K
May 2026$366K
April 2026$365K
March 2026$361K
February 2026$357K
January 2026$356K
2025
2024
2023
2022
2021
2020
2019
2018

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.08
Townhouse
$315,000
03/12/26
3
3
3,031
0.46
Townhouse
$228,800
01/23/26
3
2
1,547
0.50
Townhouse
$223,000
02/26/26
3
2
1,596
0.45
Townhouse
$230,000
08/28/26
3
1.5
1,175
1.21
Townhouse
$340,000
09/10/26
2
2
1,638
1.20
Townhouse
$255,000
07/14/26
2
2
1,604
1.28
Townhouse
$359,000
10/16/25
2
2
1,637
1.29
Townhouse
$359,000
11/26/25
2
2
1,637
1.65
Townhouse
$314,000
05/27/26
2
2
1,395
1.70
Townhouse
$459,900
07/10/26
3
2.5
2,546

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.04
$439,300
5
3
2,818
Off Market
0.06
$322,700
3
3
1,988
Off Market
0.07
$301,000
3
3
3,092
Recently Sold
0.08
$334,000
3
3
3,191
Recently Sold
0.08
$315,000
3
3
3,031
Recently Sold
0.08
$197,100
3
2
1,016
Off Market
0.10
$321,100
3
3
2,381
Off Market
0.16
$200,500
2
1.5
819
Off Market
0.18
$135,000
2
1
840
Recently Sold
0.18
$234,700
3
2
990
Off Market
0.20
$217,400
2
1
912
Off Market
0.21
$272,500
5
1.5
1,536
Recently Sold

Local Information

  • Map ViewExplore the area around 1007 Reed Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Townhouse
Built in 2018
0.27 acre lot
1,603 sqft
$226/sqft
Garage

About this House

This townhouse is located at 1007 Reed Ave, Faribault, MN. 1007 Reed Ave is in Faribault, MN and in ZIP code 55021. This property has 2 bedrooms, 2 bathrooms and approximately 1,603 sqft of floor space. This property has a lot size of 0.27 acres and was built in 2018.
1007 Reed Ave, Faribault, MN 55021 is a 2 bedroom, 2 bathroom, 1,603 sqft townhouse built in 2018. It last sold for $256,400 on Jul 24, 2018. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $361,900, with a rent estimate of $1,798/month.

Home Details for 1007 Reed Ave

Interior Features

Interior Details
BasementNumber of Rooms: 5
Levels, Entrance, & Accessibility
Stories: 1Floors: Carpet, Linoleum Vinyl
Heating & Cooling
Air Conditioning

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: OtherFoundation Type: Concrete Block
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 2018
Property Type / Style
Property Type: TownhouseArchitecture: townhouse

Lot Information

Lot Area: 0.27 acres

Price and Tax history

DateEventPrice
Jul 24, 2018
Source: N/A
Sold
$256,400

Market trends in Faribault

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$281K
$2.65K
MoM
Sale-to-List Price
99.5%
Price per sq ft
$150
$3
MoM
Available listings
127
2
MoM

What Locals Say about Faribault

At least 76 Trulia users voted on each feature.
  • 90 % Say yards are well-kept

  • 84 % Say car is needed

  • 83 % Say parking is easy

  • 82 % Say it's dog friendly

  • 71 % Say kids play outside

  • 68 % Say there are sidewalks

  • 60 % Say there's holiday spirit

  • 57 % Say it's quiet

  • 54 % Say neighbors are friendly

  • 54 % Say people would walk alone at night

  • 52 % Say streets are well-lit

  • 49 % Say they plan to stay for at least 5 years

  • 45 % Say it's walkable to restaurants

  • 44 % Say it's walkable to grocery stores

  • 38 % Say there's wildlife

  • 32 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Very safe neighborhood "
  • Ryan W.
    "bike or drive, around town. mostly I work from town and I like using the trail system. for bike riding and exercising "
  • Trulia User
    "There is a park and nature center near by to go with your family and is pet friendly too, we have bike trails all over town."
  • Cheyannefolman
    "It is not that fantastic of a neighbor but my family has been living on the same property for 40+ years. "
  • Dora L.
    "I lived in this neighborhood for about 10 years and is quiet so I like it and I have a park close by."
  • Smkroening
    "Great neighbors, no heavy traffic, pretty safe, small town feel but close to a big city, lots of bike trails, close to lots of lakes, it is where my husband is from."

LGBTQ Local Legal Protections

Frequently asked questions about 1007 Reed Ave

  • What is 1007 Reed Ave estimated to be worth?
    Trulia's estimated value for 1007 Reed Ave in Faribault, MN is $361,900.
  • What is the price history for 1007 Reed Ave?
    1007 Reed Ave in Faribault, MN last sold for $256,400 in July 2018.
  • Is Faribault a buyer's or seller's market?
    Faribault is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Faribault?
    The median sale price in Faribault is $281K. That is down $2.65K from the prior month.
  • Does 1007 Reed Ave have a garage?
    Yes, 1007 Reed Ave in Faribault, MN has a garage.

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