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Rural ResidenceResidential
$394,749
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 78How 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
Last sold for $755,000 on Aug 23, 2018

7625 240TH ST E

FARIBAULT, MN 55021
0
Baths
115 ac
Lot SizeThe size of the land the home sits on, from county records.

Valuation

$395K
$309K low$480K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$755,000 · Aug 23, 2018

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,872 (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.$1,285,500 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$1,285,500
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$1,257,100
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$1,285,500

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
59
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.22 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.115.00
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(3)

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 · 6.0 mi
E
Roosevelt Elementary SchoolB+
Elementary · Grades KG–5 · 6.1 mi
H
Faribault High SchoolC
High · Grades 9–12 · 6.7 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

7625 240th St E 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 81% of homes in Faribault 55021
  • Among the largest lots 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
$103K$713K

This home is worth more than 81% 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$394,749
CheaperTypical $246,529Pricier

Pricier than 81% of homes nearby

Lot size115 ac
SmallerTypical 0.3 acBigger

Bigger than almost all homes nearby

How 7625 240th St E ranks against every home in each area.
MeasureThis homeFaribault 55021Rice County
Estimated valuepricier than$394,74981% of homes73% of homes
Lot sizebigger than115 acalmost all homesalmost all homes

About 7625 240th St E

How much is 7625 240th St E, Faribault, MN worth?

The TopHap Estimate for 7625 240th St E, Faribault, MN is $394,749 as of Aug 30, 2026. The likely range is $309,003 to $480,496. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 7625 240th St E, Faribault, MN last sell?

7625 240th St E, Faribault, MN last sold on Aug 23, 2018 for $755,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

What schools serve 7625 240th St E, Faribault, MN?

7625 240th St E, 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 7625 240th St E, Faribault, MN compare to other homes in Faribault 55021?

Among the 11,108 homes in Faribault 55021, it is worth more than 81% of them ($394,749 against a typical $246,529) and its lot is bigger than almost all of them (115 ac against a typical 0.3 ac). Measured against all of Rice County, it is worth more than 73% 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 7625 240th St E, Faribault, MN?

The 2026 property tax bill for 7625 240th St E, Faribault, MN was $2,872. The county assessed it at $1,285,500.

More homes on 240th St E

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