Housing in Northfield, MN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$340,000
Median List Price
$396,950
Price Per Sq Ft
$173
Days on Market
43
Active Inventory
43
Months of Supply
3.6
Seller's market
Zillow Home Value
$373,556
ZHVI — January 2026
Zillow Rent Index
$1,525
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
16.7%
Off Market in 2 Weeks
16.7%
Sale-to-List Ratio
98.3%
Buyer's market
Market Activity
Source: RedfinHomes Sold
12
New Listings
14
Pending Sales
12
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$173
Median List $/SF
$168
Northfield vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. Northfield is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$305,300
Median Rent
$1,036
Total Housing Units
6,648
Vacancy Rate
4.2%
Owner Occupied
69.8%
Renter Occupied
30.2%
Median Property Tax
$4,118
per year
Monthly Cost (w/ Mortgage)
$1,513
Housing Types
The current median sale price in Northfield, MN is $340,000 according to Redfin data. Homes spend a median of 43 days on the market. 16.7% of homes sold above asking price. The market has 3.6 months of supply. The median price per square foot is $173. Zillow's observed rent index is $1,525/month. About 69.8% of housing units are owner-occupied. The median year homes were built is 1983. There are 6,648 total housing units.