Skip to content
Skip to content
TopHapOpen in map
Rural ResidenceResidential
$1,275,702$74 / 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 88How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026

7936 240TH ST E

FARIBAULT, MN 55021
0
Baths
17,177 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.
160 ac
Lot SizeThe size of the land the home sits on, from county records.
2012
Year BuiltThe year the home was originally built, according to county records.

Valuation

$1.3M
$1.1M low$1.4M high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$5,202 (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.$1,598,100 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$1,584,700
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$13,400
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$1,570,400
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$1,598,100

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.29 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.160.00
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Shed · 4,600 ft²

Transaction History(1)

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.

E
Roosevelt Elementary SchoolC-
Elementary · Grades KG–5 · 6.5 mi
M
Faribault Middle SchoolD
Middle · Grades 6–8 · 6.8 mi
H
Faribault High SchoolD+
High · Grades 9–12 · 7.4 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%

Owner Tools

Do you own this home?
Claim this home

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

7936 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.

  • Among the most valuable homes in Faribault 55021
  • Among the lowest price per square foot in Faribault 55021
  • Among the largest homes in Faribault 55021
  • Among the largest lots in Faribault 55021
  • Newer than 94% of 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
$118K$795K

This home is worth more than almost all 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$1,275,702
CheaperTypical $293,799Pricier

Pricier than almost all homes nearby

Price per ft²$74
CheaperTypical $211Pricier

Cheaper than almost all homes nearby

Living area17,177 ft²
SmallerTypical 1,352 ft²Bigger

Bigger than almost all homes nearby

Lot size160 ac
SmallerTypical 0.3 acBigger

Bigger than almost all homes nearby

Year built2012
OlderTypical 1972Newer

Newer than 94% of homes nearby

How 7936 240th St E ranks against every home in each area.
MeasureThis homeFaribault 55021Rice County
Estimated valuepricier than$1,275,702almost all homesalmost all homes
Price per ft²pricier than$74almost no homesalmost no homes
Living areabigger than17,177 ft²almost all homesalmost all homes
Lot sizebigger than160 acalmost all homesalmost all homes
Year builtnewer than201294% of homes92% of homes

About 7936 240th St E

How much is 7936 240th St E, Faribault, MN worth?

The TopHap Estimate for 7936 240th St E, Faribault, MN is $1,275,702 as of Sep 24, 2026. The likely range is $1,123,914 to $1,427,490. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 7936 240th St E, Faribault, MN last sell?

7936 240th St E, Faribault, MN last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 7936 240th St E, Faribault, MN?

7936 240th St E, Faribault, MN has 17,177 square feet of living space and a 160.00-acre lot.

When was 7936 240th St E, Faribault, MN built?

7936 240th St E, Faribault, MN was built in 2012, making it 14 years old.

What schools serve 7936 240th St E, Faribault, MN?

7936 240th St E, Faribault, MN is assigned to Roosevelt Elementary School (elementary), rated C-; Faribault Middle School (middle), rated D; Faribault High School (high), rated D+. All sit in Faribault Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 7936 240th St E, Faribault, MN compare to other homes in Faribault 55021?

Among the 11,107 homes in Faribault 55021, it is worth more than almost all of them ($1,275,702 against a typical $293,799), its price per square foot is higher than almost none of them ($74 against a typical $211), it is bigger than almost all of them (17,177 ft² against a typical 1,352 ft²), its lot is bigger than almost all of them (160 ac against a typical 0.3 ac) and it is newer than 94% of them (2012 against a typical 1972). Measured against all of Rice County, it is worth more than almost all 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 7936 240th St E, Faribault, MN?

The 2026 property tax bill for 7936 240th St E, Faribault, MN was $5,202. The county assessed it at $1,598,100.

More homes on 240th St E

Closest homes

More homes in Faribault 55021

Assigned schools

Explore the area

See this home in context

Open 7936 240th St E on TopHap’s interactive map to compare it against every sale nearby, overlay school zones and flood risk, and run a CMA.

Open in map
A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map