Homes for Sale in Northfield, MN
Nestled along the Cannon River, Northfield is a picturesque historic town south of the metro. Home to two prestigious liberal arts colleges, it boasts a vibrant, intellectual community and a famously charming downtown. The city is rich in history and offers a peaceful, small-town lifestyle.
Why Live in Northfield
Northfield Market Snapshot
Monthly figures from the NorthstarMLS Local Market Update.
Median Sales Price
% of Original List Price Received
Days on Market
Closed Sales
Homes for Sale
Months Supply
Supply vs. Demand Trends
Northfield Housing Market Today
Here is where the Northfield market stood in August 2026. Home values are holding steady within one percent of last year, with a median sale price of $399,500. Homes are selling 48 days longer than last year, averaging 80 days on market, and sellers are receiving 96.8% of their original asking price. The area is currently a balanced market with 3.7 months of supply. Active inventory is up 12% from last year to 73 homes for sale.
In a balanced market, neither side has a steep advantage, making careful pricing for sellers and steady negotiation for buyers the key to success.
In Northfield, homes were most commonly built in 2000-2009, about 69% of occupied homes are owner-occupied, and the average commute is 18 minutes. Roughly 52% of homes are single-family detached, and the median home was built in 1986.
Homeowners with a mortgage typically spend $2,182 a month on housing costs, similar to the Twin Cities metro and the median property tax bill is $4,522 a year.
Data: NorthstarMLS Local Market Update via 10K Research, published September 12, 2026.
Northfield market questions
Is Northfield a buyer's or seller's market?
Northfield was a balanced market in August 2026, with 3.7 months of supply. Under about 3 months generally favors sellers, 3 to 6 months is considered balanced, and over 6 months favors buyers. There were 73 homes for sale.
How fast are homes selling in Northfield?
Homes that sold in August 2026 spent an average of 80 days on market, 48 days slower than a year earlier. Sellers received 96.8% of their original list price on average.
Are home prices going up in Northfield?
Prices were essentially flat, with a median sale price of $399,500.
Living in Northfield
Housing, cost of ownership and commuting, compared with the Twin Cities metro.
In Northfield, homes were most commonly built in 2000-2009, about 69% of occupied homes are owner-occupied, and the average commute is 18 minutes.
Data: ACS 2020-2024 5-year estimates
What does it cost to own a home in Northfield?
Homeowners with a mortgage typically pay $2,182 a month in housing costs and the median property tax bill is $4,522 a year.
Median home value
$329,400
Lower than the Twin Cities metro
The midpoint of estimated values for owner-occupied homes.
Median property taxes paid
$4,522/yr
Higher than the Twin Cities metro
The midpoint of annual property taxes paid by homeowners.
Typical monthly owner costs (with mortgage)
$2,182/mo
Similar to the Twin Cities metro
Median monthly housing costs for owners with a mortgage.
Typical monthly owner costs (no mortgage)
$811/mo
Similar to the Twin Cities metro
Median monthly housing costs for owners without a mortgage.
Median rent
$1,103/mo
Lower than the Twin Cities metro
The midpoint of monthly gross rent, including utilities.
What are homes like in Northfield?
About 69% of occupied homes are owner-occupied and the median home was built in 1986.
Owner-occupied homes
69%
Similar than Twin Cities metro overall
The share of occupied homes lived in by their owners.
Median year built
1986
Similar to the Twin Cities metro
The midpoint of years when homes in the area were built.
Home age by decade
The share of homes built during each period.
- 2020 or later2%
- 2010-20199%
- 2000-200922%
- 1990-199914%
- 1980-198910%
- 1970-197914%
- 1960-19696%
- 1950-19595%
- 1940-19493%
- 1939 or earlier15%
Types of homes
The share of housing units in each building type.
- Single-family detached52%
- Townhome / attached12%
- 2-4 units6%
- 5+ units25%
- Mobile home5%
How do people get around in Northfield?
The average one-way commute is 18 min and 94% of homes have broadband.
Average commute
18 min
Lower than the Twin Cities metro
The average one-way travel time to work for commuters.
How people get to work
The share of workers using each listed way to get to work.
- Drive alone55%
- Carpool5%
- Walk or bike23%
- Work from home16%
Homes with broadband
94%
Similar than Twin Cities metro overall
The share of households with a broadband internet subscription.
What's Nearby in Northfield
OpenStreetMap lists 47 parks, 17 trails, 1 beach or boat launch, 3 libraries, 8 schools, and 3 grocery stores within the Northfield city boundary.
Parks
47
40 named
- Ames Park
- Aspen Park
- Babcock Park
- Bridge Square
- Campostella Park
- Central Park
Show all 40 parksShow fewer
- Char Carlson Park
- Cherry Park
- Dresden Hills Park
- G. A. Rysgaard Park
- Grant Park
- Hauberg Woods
- Heritage Park
- Heywood Park
- Hidden Valley Park
- Jefferson Park
- John North Park
- Lashbrook Park
- Liberty Park
- Meadows Park
- Northfield Memorial Park
- Oddfellows Park
- Parmeadow Park
- Pathways of Faith Park
- Prairie Hills Park
- River Walk
- Riverside Lions Park
- Roosevelt Park
- Roosevelt Ridge Park East
- Roosevelt Ridge Park West
- Sechler Park
- Sibley Swale Park
- Spring Creek Park
- Spring Creek Park & Playground
- St. Olaf College Quad
- Truman Park
- Tyler Park
- Washington Park
- Way Park
- Wheeler Park
Official source: City of Northfield (opens in new tab)
Trails
17
12 named
- Campostella Park Path
- CROCT Trail from Walgreens
- East Cannon Winter trail
- East River Trail
- East side mountain bike trail
- Mill Towns State Trail
Show all 12 trailsShow fewer
- Mill Towns State Trail Spur
- Neighborhood connector to state trail
- New mountain bike trail
- New Neighborhood path
- Oddfellows Mountain Bike Trails
- Sechler Park Singletrack
Official source: City of Northfield (opens in new tab)
Beaches and boat launches
1
0 named
1 mapped beach or boat launch, not named in OpenStreetMap.
Official source: City of Northfield (opens in new tab)
Libraries
3
Schools
8
7 named
- Arcadia Charter School
- Bridgewater Elementary School
- Montessori Children's House
- Northfield Area Learning Center
- Northfield Middle School
- Northfield Public Schools (opens in new tab)
Show all 7 schoolsShow fewer
- Northfield Senior High
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