Northfield Real Estate Market Report: June 2026
In June 2026, the median sale price in Northfield was $512,145, up 45.9% from a year earlier.
- Median Sales Price
- $512,145
- +45.9% vs. June 2025
- Homes for Sale
- 58
- +23.4% vs. June 2025
- Months Supply
- 3
- +20% vs. June 2025
- Balanced market
- Days on Market
- 34
- -17.1% vs. June 2025
- Closed Sales
- 20
- +11.1% vs. June 2025
- Percent of Original List Received
- 100.1%
- +3.1 pts vs. June 2025
What this means
The median sale price has increased by 46% from last year to $512,145, and a similar trend in price per square foot suggests this is a real move in values rather than a change in the mix of homes selling.
Homes are selling 7 days more quickly than last year, averaging 34 days on market, and sellers are receiving 100.1% of their original asking price.
The area is currently a balanced market with 3 months of supply. Active inventory is up 23% from last year to 58 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.
Common questions about the Northfield market
Is Northfield a buyer's or seller's market?
Northfield was a balanced market in June 2026, with 3 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 58 homes for sale.
How fast are homes selling in Northfield?
Homes that sold in June 2026 spent an average of 34 days on market, 7 days faster than a year earlier. Sellers received 100.1% of their original list price on average.
Are home prices going up in Northfield?
Yes. The median sale price rose 45.9% year over year to $512,145. Price per square foot moved in the same direction (from $197 to $215), which suggests a real change in values rather than a shift in the mix of homes sold.
Market trends in Northfield
| Month | Median sale price | Closed sales | Days on market | Months supply |
|---|---|---|---|---|
| August 2024 | $395,000 | 21 | 55 | 2.6 |
| September 2024 | $356,000 | 16 | 52 | 2.7 |
| October 2024 | $319,000 | 19 | 32 | 3.4 |
| November 2024 | $310,500 | 20 | 39 | 2.8 |
| December 2024 | $379,950 | 14 | 59 | 2.5 |
| January 2025 | $432,150 | 7 | 77 | 2.9 |
| February 2025 | $320,000 | 17 | 73 | 2.2 |
| March 2025 | $362,500 | 21 | 49 | 2 |
| April 2025 | $345,000 | 21 | 37 | 2.5 |
| May 2025 | $385,000 | 22 | 41 | 2.4 |
| June 2025 | $351,000 | 18 | 41 | 2.5 |
| July 2025 | $402,500 | 30 | 23 | 2.6 |
| August 2025 | $400,000 | 21 | 32 | 3.5 |
| September 2025 | $376,500 | 22 | 28 | 3.2 |
| October 2025 | $297,500 | 23 | 36 | 3.3 |
| November 2025 | $371,050 | 12 | 58 | 3.2 |
| December 2025 | $347,000 | 24 | 47 | 2.9 |
| January 2026 | $355,000 | 13 | 58 | 2.6 |
| February 2026 | $366,500 | 12 | 106 | 2.6 |
| March 2026 | $329,000 | 14 | 98 | 3.2 |
| April 2026 | $372,500 | 18 | 57 | 2.5 |
| May 2026 | $437,500 | 28 | 65 | 2.7 |
| June 2026 | $512,145 | 20 | 34 | 3 |
How Northfield compares with the Twin Cities region
In June 2026, the median sale price in Twin Cities (16-County Region) was $410,000, up 2.1% from a year earlier.
More to explore
Data: NorthstarMLS Local Market Update via 10K Research, published August 24, 2026.
Report published .
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