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Northfield

Why you'd want to live in Northfield

Living in Northfield, Minnesota is appealing for those who want a strong sense of character, learning, and community wrapped into a picturesque river town setting. Home to both Carleton College and St. Olaf College, Northfield benefits from an intellectually vibrant atmosphere that supports arts, music, lectures, and cultural events well beyond what most cities of its size offer. The town’s historic downtown along the Cannon River is filled with locally owned shops, cafés, and restaurants, creating a walkable environment that feels lively yet personal. Residents enjoy access to scenic trails, parks, and river activities that make the outdoors an easy part of everyday life, while the city’s schools and civic engagement reflect a deep investment in education and community involvement. With its location less than an hour from the Twin Cities, Northfield provides convenient access to metropolitan career opportunities and amenities while preserving the charm, pace, and identity of a close-knit southern Minnesota community.

Northfield Market Report

$597,506

AVERAGE PRICE OF 122 HOMES

$2,462,725

AVERAGE PRICE OF 10 MULTI-MILLION DOLLAR HOMES

$569,348

AVERAGE PRICE OF 20 NEWLY BUILT HOMES

$926,760

AVERAGE PRICE OF 5 HOMES WITH A POOL

$478,500

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

Average Home

Average Price $597,506
Avg Bedrooms 2.47 beds
Avg Bathrooms 2 baths

Average Price by Bedrooms

1 bedroom $282,450
2 bedrooms $451,144
3 bedrooms $641,098
4 bedrooms $749,153
5 bedrooms $699,000
Northfield Home Price Trends
  4/2026 3/2026 2/2026 1/2026 12/2025
Total Listings 113 109 100 99 109
Average Price $564,821 $502,016 $428,680 $416,257 $418,061
Avg Price Change +12.51% +17.11% +2.98% -0.43% -0.57%
Median Price $428,846 $419,981 $386,062 $367,350 $371,195
Med Price Change +2.11% +8.79% +5.09% -1.05% -1.02%
Avg Bedrooms 2.48 beds 2.35 beds 2.18 beds 2.22 beds 2.28 beds
Avg Bathrooms 2.03 baths 1.91 baths 1.72 baths 1.75 baths 1.8 baths
Total Homes Average Price Avg Days on Site
All Homes 122 $597,506 117 days
Multi-Million Dollar Homes 10 $2,462,725 88 days
Newly Built Homes 20 $569,348 273 days
Homes with a Pool 5 $926,760 42 days
Reduced Price Homes 4 $478,500 54 days
Patty Zuzek Mn, Wi Broker
801 Cliff Rd E # 135
Burnsville, MN 55337
952-985-7253

Based on information submitted to the MLS GRID as of May 10, 2026 9 PM. All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.
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