Housing in Northrop, MN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$135,000

Median List Price

N/A

Price Per Sq Ft

$142

Days on Market

141

Active Inventory

N/A

Zillow Home Value

$135,677

ZHVI — January 2026

Price Trends

Source: Redfin

Sale Price ↓ 33.5%List Price ↑ 24.0%Mar 24 → Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Sale-to-List Ratio

94.7%

Buyer's market

Sold Above Asking

0.0%

Market Activity

Source: Redfin

Homes Sold

Homes Sold ↑ 0.0%New Listings ↑ 100.0%Pending ↑ 0.0%Mar 24 → Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$142

Sale $/SF ↑ 61.4%List $/SF ↑ 82.9%Mar 24 → Jan 26

Northrop vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Northrop is highlighted.

Median Home Value

30th%ilemost expensive$118,800show rank

Median Rent

13th%ilemost expensive rent$667show rank

Median Price Per Sq Ft

36th%ilemost expensive $/sqft$142show rank

Rent Burden

11th%ilehighest rent burden12.6%show rank

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$118,800

Median Rent

$667

Total Housing Units

110

Vacancy Rate

7.3%

Owner Occupied

80.4%

Renter Occupied

19.6%

Median Property Tax

$1,033

per year

Monthly Cost (w/ Mortgage)

$850

Housing Types

Single Family

95.5%

Multi-Family

4.5%

Mobile Home

0.0%

The current median sale price in Northrop, MN is $135,000 according to Redfin data. Homes spend a median of 141 days on the market. 0.0% of homes sold above asking price. The median price per square foot is $142. The median rent is $667 per month (Census ACS). About 80.4% of housing units are owner-occupied. The median year homes were built is 1963. There are 110 total housing units.