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Rural ResidenceResidential
$477,884$234 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 90How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026

24296 GATES AVE

FARIBAULT, MN 55021
0
Baths
2,040 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
119.6 ac
Lot SizeThe size of the land the home sits on, from county records.
1870
Year BuiltThe year the home was originally built, according to county records.

Valuation

$478K
$429K low$526K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,970 (2026)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$1,560,700 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$1,352,500
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$208,200
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$1,484,300
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$1,560,700

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.44
55
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
6
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
57
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
58
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
44
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.18 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Rural Residence
CountyRICE
Lot (acres)The size of the land the home sits on, from county records.119.60
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Faribault Middle SchoolD
Middle · Grades 6–8 · 6.2 mi
E
Roosevelt Elementary SchoolB+
Elementary · Grades KG–5 · 6.3 mi
H
Faribault High SchoolC
High · Grades 9–12 · 6.9 mi

District: Faribault Public School District

Neighborhood · ZIP 55021These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.106
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.82
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.11

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.16%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.10%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.31,482
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.164 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$67,981
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$90,459
Average tempThe average temperature here across a full year.45°F
Annual precipHow much rain and melted snow falls here in a typical year.32 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

24296 Gates Ave measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 89% of homes in Faribault 55021
  • Costs more per square foot than 76% of homes in Faribault 55021
  • Bigger than 86% of homes in Faribault 55021
  • Among the largest lots in Faribault 55021
  • Among the oldest homes in Faribault 55021

What homes are worth in Faribault 55021

Each bar is how many homes fall in that price range. The marker is this home.

This home
$105K$703K

This home is worth more than 89% of homes in Faribault 55021.

How it measures up in Faribault 55021

The dot is this home. The mark in the middle is the typical home in Faribault 55021.

Estimated value$477,884
CheaperTypical $246,351Pricier

Pricier than 89% of homes nearby

Price per ft²$234
CheaperTypical $180Pricier

Pricier than 76% of homes nearby

Living area2,040 ft²
SmallerTypical 1,350 ft²Bigger

Bigger than 86% of homes nearby

Lot size119.6 ac
SmallerTypical 0.3 acBigger

Bigger than almost all homes nearby

Year built1870
OlderTypical 1972Newer

Older than almost all homes nearby

How 24296 Gates Ave ranks against every home in each area.
MeasureThis homeFaribault 55021Rice County
Estimated valuepricier than$477,88489% of homes84% of homes
Price per ft²pricier than$23476% of homes69% of homes
Living areabigger than2,040 ft²86% of homes83% of homes
Lot sizebigger than119.6 acalmost all homesalmost all homes
Year builtnewer than1870almost no homesalmost no homes

About 24296 Gates Ave

How much is 24296 Gates Ave, Faribault, MN worth?

The TopHap Estimate for 24296 Gates Ave, Faribault, MN is $477,884 as of Aug 30, 2026. The likely range is $429,331 to $526,437. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 24296 Gates Ave, Faribault, MN last sell?

24296 Gates Ave, Faribault, MN last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 24296 Gates Ave, Faribault, MN?

24296 Gates Ave, Faribault, MN has 2,040 square feet of living space and a 119.60-acre lot.

When was 24296 Gates Ave, Faribault, MN built?

24296 Gates Ave, Faribault, MN was built in 1870, making it 156 years old.

What schools serve 24296 Gates Ave, Faribault, MN?

24296 Gates Ave, Faribault, MN is assigned to Faribault Middle School (middle), rated D; Roosevelt Elementary School (elementary), rated B+; Faribault High School (high), rated C. All sit in Faribault Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 24296 Gates Ave, Faribault, MN compare to other homes in Faribault 55021?

Among the 11,106 homes in Faribault 55021, it is worth more than 89% of them ($477,884 against a typical $246,351), its price per square foot is higher than 76% of them ($234 against a typical $180), it is bigger than 86% of them (2,040 ft² against a typical 1,350 ft²), its lot is bigger than almost all of them (119.6 ac against a typical 0.3 ac) and it is newer than almost none of them (1870 against a typical 1972). Measured against all of Rice County, it is worth more than 84% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 24296 Gates Ave, Faribault, MN?

The 2026 property tax bill for 24296 Gates Ave, Faribault, MN was $3,970. The county assessed it at $1,560,700.

More homes on Gates Ave

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Assigned schools

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